Insider Selling: Polar Capital (LON:POLR) Insider Sells £521,738.28 in Stock

Polar Capital Holdings plc (LON:POLR) insider Samir Ayub sold 59,154 shares of the stock in a transaction dated Friday, July 17th. The stock was sold at an average price of GBX 882, for a total transaction of £521,738.28.

Polar Capital Price Performance

LON:POLR opened at GBX 863 on Friday. The firm has a market cap of £812.82 million, a PE ratio of 14.58, a price-to-earnings-growth ratio of 0.79 and a beta of 0.93. Polar Capital Holdings plc has a 12 month low of GBX 435 and a 12 month high of GBX 990. The company has a quick ratio of 2.45, a current ratio of 2.53 and a debt-to-equity ratio of 2.69. The company’s 50-day moving average price is GBX 854.64 and its two-hundred day moving average price is GBX 713.32.

Polar Capital (LON:POLR) last issued its quarterly earnings data on Wednesday, July 1st. The company reported GBX 59.20 earnings per share for the quarter. Polar Capital had a net margin of 21.43% and a return on equity of 42.37%. On average, equities analysts anticipate that Polar Capital Holdings plc will post 42.5061425 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on POLR shares. Royal Bank Of Canada raised their price target on Polar Capital from GBX 670 to GBX 1,260 and gave the company an “outperform” rating in a report on Monday, July 6th. Deutsche Bank Aktiengesellschaft boosted their price objective on Polar Capital from GBX 1,050 to GBX 1,250 and gave the stock a “buy” rating in a research note on Monday, June 1st. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of GBX 1,045.

Polar Capital Company Profile

Polar Capital Holdings plc is a publicly owned specialist, investment-led, active fund manager. The firm provides its services to professional and institutional investors. It launches and manages equity and balanced mutual funds. The firm also launches and manages hedge funds for its clients. Polar Capital Holdings plc was founded in 2001 and is based in London, United Kingdom.