Polar Capital Holdings plc (LON:POLR) insider Quintin Price purchased 10,000 shares of the business’s stock in a transaction that occurred on Thursday, May 9th. The stock was bought at an average price of GBX 600 ($7.84) per share, for a total transaction of £60,000 ($78,400.63).
Shares of POLR opened at GBX 584 ($7.63) on Friday. Polar Capital Holdings plc has a 12 month low of GBX 447 ($5.84) and a 12 month high of GBX 738 ($9.64). The firm has a market cap of $548.40 million and a price-to-earnings ratio of 12.37.
POLR has been the topic of several recent research reports. Peel Hunt restated a “buy” rating on shares of Polar Capital in a research note on Monday, April 29th. Numis Securities upped their price target on Polar Capital from GBX 600 ($7.84) to GBX 605 ($7.91) and gave the stock an “add” rating in a research note on Tuesday, April 2nd. Finally, Shore Capital increased their target price on Polar Capital from GBX 635 ($8.30) to GBX 700 ($9.15) and gave the company a “buy” rating in a research note on Thursday, April 11th.
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Polar Capital Holdings plc is a publicly owned investment 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 December 2000 and is based in London, United Kingdom with an additional office in Tokyo, Japan.
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