Insider Selling: Tatton Asset Management (LON:TAM) Insider Sells 100,000 Shares of Stock

Tatton Asset Management plc (LON:TAM) insider Paul Hogarth sold 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of GBX 700, for a total transaction of £700,000.

Tatton Asset Management Stock Up 2.0%

Tatton Asset Management stock opened at GBX 698 on Friday. Tatton Asset Management plc has a twelve month low of GBX 546 and a twelve month 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. The firm has a market cap of £425.88 million, a PE ratio of 25.47, a P/E/G ratio of 1.91 and a beta of 1.03. The firm’s 50 day moving average price is GBX 672.73 and its two-hundred day moving average price is GBX 703.03.

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

Analysts Set New Price Targets

Separately, Peel Hunt reaffirmed an “add” rating and set a GBX 720 price target on shares of Tatton Asset Management in a research note on Tuesday, November 18th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Tatton Asset Management has a consensus rating of “Buy” and an average target price of GBX 720.

About Tatton Asset Management

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. Tatton Asset Management offers on-platform only discretionary fund management, regulatory, compliance and business consulting services, as well as a whole of market mortgage provision, to Directly Authorised financial advisers across the UK.