Tatton Asset Management (LON:TAM) Insider Lothar Mentel Sells 9,049 Shares

Tatton Asset Management plc (LON:TAM) insider Lothar Mentel sold 9,049 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of GBX 683, for a total transaction of £61,804.67.

Tatton Asset Management Price Performance

TAM opened at GBX 672 on Friday. The company has a fifty day moving average price of GBX 716.93 and a two-hundred day moving average price of GBX 700.45. The firm has a market capitalization of £411.95 million, a PE ratio of 24.52, a P/E/G ratio of 1.91 and a beta of 1.03. Tatton Asset Management plc has a 52 week low of GBX 546 and a 52 week high of GBX 770. The company has a debt-to-equity ratio of 1.52, a quick ratio of 3.50 and a current ratio of 3.71.

Tatton Asset Management (LON:TAM) last posted its quarterly earnings results on Tuesday, November 18th. The company reported GBX 16.77 earnings per share (EPS) for the quarter. Tatton Asset Management had a return on equity of 31.98% and a net margin of 36.32%. As a group, analysts anticipate that Tatton Asset Management plc will post 26.0903733 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Peel Hunt restated an “add” rating and set a GBX 720 target price on shares of Tatton Asset Management in a report on Tuesday, November 18th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of GBX 720.

Tatton Asset Management Company Profile

Tatton Asset Management plc was founded by entrepreneur and current Chief Executive Officer, Paul Hogarth who had previously co-founded and developed the then largest IFA support services business in the UK, Bankhall. Paul’s vision in starting Tatton Asset Management was to create a range of services to power the UK’s leading financial advisers, facilitating expansion and enabling them to better service their clients.