Insider Buying: L1 Long Short Fund Limited (ASX:LSF) Insider Purchases A$90,651.16 in Stock

Posted by Michael Walen on Apr 6th, 2025

L1 Long Short Fund Limited (ASX:LSF – Get Free Report) insider Raphael Lamm bought 31,987 shares of the stock in a transaction that occurred on Monday, March 31st. The shares were purchased at an average cost of A$2.83 ($1.72) per share, with a total value of A$90,651.16 ($54,940.10).

Raphael Lamm also recently made the following trade(s):

On Friday, March 28th, Raphael Lamm bought 3,342 shares of L1 Long Short Fund stock. The shares were acquired at an average cost of A$2.87 ($1.74) per share, with a total value of A$9,581.51 ($5,806.98).
On Tuesday, March 25th, Raphael Lamm purchased 23,478 shares of L1 Long Short Fund stock. The shares were acquired at an average price of A$2.76 ($1.68) per share, for a total transaction of A$64,893.19 ($39,329.21).
On Monday, March 10th, Raphael Lamm acquired 47,749 shares of L1 Long Short Fund stock. The stock was bought at an average price of A$2.68 ($1.62) per share, with a total value of A$127,728.58 ($77,411.26).
On Thursday, January 30th, Raphael Lamm sold 61,891 shares of L1 Long Short Fund stock. The stock was sold at an average price of A$2.87 ($1.74), for a total transaction of A$177,689.06 ($107,690.34).

L1 Long Short Fund Stock Performance

The firm has a market cap of $1.75 billion, a price-to-earnings ratio of 10.21 and a beta of 1.09.

L1 Long Short Fund Increases Dividend

The company also recently declared a Interim dividend, which will be paid on Sunday, April 6th. Shareholders of record on Sunday, April 6th will be issued a $0.063 dividend. The ex-dividend date of this dividend is Sunday, March 16th. This represents a yield of 2.32%. This is a positive change from L1 Long Short Fund’s previous Interim dividend of $0.06. L1 Long Short Fund’s dividend payout ratio is presently 44.44%.

L1 Long Short Fund Company Profile

(Get Free Report)

L1 Long Short Fund Limited is a equity fund launched and managed by L1 Capital Pty Ltd. The fund investments predominantly in Australian and New Zealand securities. It employs long and short strategy to make its investments. The fund employs bottom up approach to make its investments. It is was formed in September 2014 and is domiciled in Australia.