Polar Capital Holdings plc (POLR) Insider Sells £1,942,500 in Stock

Polar Capital Holdings plc (LON:POLR) insider Brian J. D. Ashford-Russell sold 375,000 shares of the stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of GBX 518 ($7.02), for a total transaction of £1,942,500 ($2,634,255.49).

Shares of Polar Capital Holdings plc (LON:POLR) traded up GBX 10 ($0.14) during midday trading on Thursday, hitting GBX 518 ($7.02). 9,736 shares of the stock were exchanged, compared to its average volume of 22,366. The firm has a market cap of $471.57 and a P/E ratio of 2,590.00. Polar Capital Holdings plc has a fifty-two week low of GBX 300 ($4.07) and a fifty-two week high of GBX 564 ($7.65).

The business also recently disclosed a dividend, which was paid on Friday, January 12th. Investors of record on Thursday, December 28th were given a dividend of GBX 6 ($0.08) per share. The ex-dividend date of this dividend was Thursday, December 28th. This represents a dividend yield of 1.16%.

A number of analysts have recently issued reports on the stock. Numis Securities raised their price target on shares of Polar Capital from GBX 485 ($6.58) to GBX 490 ($6.64) and gave the stock a “hold” rating in a report on Thursday, November 2nd. Peel Hunt restated a “buy” rating and set a GBX 560 ($7.59) price target on shares of Polar Capital in a report on Thursday, December 14th. Canaccord Genuity raised their price target on shares of Polar Capital from GBX 500 ($6.78) to GBX 555 ($7.53) and gave the stock a “buy” rating in a report on Thursday, October 12th. Shore Capital restated a “hold” rating and set a GBX 485 ($6.58) price target on shares of Polar Capital in a report on Friday, October 13th. Finally, Investec restated a “hold” rating and set a GBX 510 ($6.92) price target on shares of Polar Capital in a report on Monday, December 11th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Polar Capital currently has an average rating of “Hold” and an average price target of GBX 540 ($7.32).

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Polar Capital Company Profile

Polar Capital Holdings plc is an investment management company. The Company is engaged in the provision of investment management and advisory services. The Company offers professional and institutional investors a range of geographical and sector investment opportunities. The Company offers fundamental funds diversified by asset class, geographical, sectoral specialization, strategy and structure.

Insider Buying and Selling by Quarter for Polar Capital (LON:POLR)

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