Insider Selling: Polar Capital (LON:POLR) Insider Sells 4,995 Shares of Stock

Polar Capital Holdings plc (LON:POLR) insider Win Robbins sold 4,995 shares of Polar Capital stock in a transaction on Thursday, February 12th. The stock was sold at an average price of GBX 623, for a total transaction of £31,118.85.

Win Robbins also recently made the following trade(s):

• On Thursday, February 12th, Win Robbins sold 4,990 shares of Polar Capital stock. The shares were sold at an average price of GBX 622, for a total transaction of £31,037.80.

Polar Capital Trading Up 3.1%

Polar Capital stock opened at GBX 634 on Thursday. The stock’s fifty day simple moving average is GBX 568.43 and its 200-day simple moving average is GBX 528.06. The firm has a market capitalization of £606.48 million, a P/E ratio of 15.85, a P/E/G ratio of 0.79 and a beta of 1.14. Polar Capital Holdings plc has a twelve month low of GBX 340.50 and a twelve month high of GBX 642.

Polar Capital (LON:POLR) last released its quarterly earnings data on Tuesday, November 25th. The company reported GBX 21.10 EPS for the quarter. Polar Capital had a return on equity of 32.10% and a net margin of 19.65%. Sell-side analysts predict that Polar Capital Holdings plc will post 42.5061425 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Royal Bank Of Canada boosted their price objective on shares of Polar Capital from GBX 650 to GBX 670 and gave the stock an “outperform” rating in a research report on Monday, January 19th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Polar Capital from GBX 750 to GBX 780 and gave the company a “buy” rating in a research note on Monday, February 2nd. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of GBX 691.67.

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.