Iain Evans Sells 65,070 Shares of Polar Capital (LON:POLR) Stock

Polar Capital Holdings plc (LON:POLR) insider Iain Evans sold 65,070 shares of Polar Capital stock in a transaction on Friday, July 17th. The stock was sold at an average price of GBX 882, for a total transaction of £573,917.40.

Polar Capital Trading Up 0.2%

Shares of LON POLR opened at GBX 872 on Thursday. Polar Capital Holdings plc has a 1-year low of GBX 435 and a 1-year high of GBX 990. The business has a fifty day moving average price of GBX 852.88 and a 200 day moving average price of GBX 710.99. The company has a debt-to-equity ratio of 2.69, a current ratio of 2.53 and a quick ratio of 2.45. The stock has a market capitalization of £821.30 million, a P/E ratio of 14.73, a price-to-earnings-growth ratio of 0.79 and a beta of 0.93.

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

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on POLR shares. Deutsche Bank Aktiengesellschaft increased their price target on Polar Capital from GBX 1,050 to GBX 1,250 and gave the stock a “buy” rating in a report on Monday, June 1st. Royal Bank Of Canada upped their price target on 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, Based on data from MarketBeat, Polar Capital currently has a consensus rating of “Buy” and a consensus 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.