Polar Capital (LON:POLR) Insider Samir Ayub Sells 59,154 Shares of Stock

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

Polar Capital Stock Down 0.8%

POLR traded down GBX 7 during trading hours on Tuesday, hitting GBX 870. 771,237 shares of the company’s stock were exchanged, compared to its average volume of 648,374. Polar Capital Holdings plc has a 12-month low of GBX 435 and a 12-month high of GBX 990. The firm has a 50 day moving average of GBX 848.30 and a 200 day moving average of GBX 706.22. The firm has a market cap of £819.42 million, a P/E ratio of 14.70, a price-to-earnings-growth ratio of 0.79 and a beta of 0.93. The company has a current ratio of 2.53, a quick ratio of 2.45 and a debt-to-equity ratio of 2.69.

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

Analyst Ratings Changes

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