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

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 stock was sold at an average price of GBX 882, for a total transaction of £521,738.28.

Polar Capital Price Performance

Shares of LON:POLR opened at GBX 870 on Wednesday. The company’s fifty day moving average is GBX 850.82 and its two-hundred day moving average is GBX 708.60. The company has a quick ratio of 2.45, a current ratio of 2.53 and a debt-to-equity ratio of 2.69. Polar Capital Holdings plc has a 12-month low of GBX 435 and a 12-month high of GBX 990. The company 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.

Polar Capital (LON:POLR) last released its 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%. Equities analysts expect that Polar Capital Holdings plc will post 42.5061425 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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