Zip Co Limited (ASX:ZIP) Insider Larry Diamond Sells 30,000,000 Shares

Posted by on Dec 6th, 2024

Zip Co Limited (ASX:ZIP – Get Free Report) insider Larry Diamond sold 30,000,000 shares of the stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of A$3.35 ($2.16), for a total value of A$100,500,000.00 ($64,838,709.68).

ZIP Price Performance

The company has a quick ratio of 3.75, a current ratio of 2.02 and a debt-to-equity ratio of 607.29.

About ZIP

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Zip Co Limited engages in the provision of digital retail finance and payments solutions to consumers, and small and medium sized merchants (SMEs) in Australia, New Zealand, Canada, and the United States. The company offers Buy Now Pay Later services, which offer line of credit and installment products to consumers through online and in-store.

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