Insider Selling: Tatton Asset Management (LON:TAM) Insider Sells £700,000 in Stock

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

Tatton Asset Management Stock Up 0.9%

TAM stock opened at GBX 690 on Monday. The company has a debt-to-equity ratio of 1.52, a current ratio of 3.71 and a quick ratio of 3.50. Tatton Asset Management plc has a 1-year low of GBX 546 and a 1-year high of GBX 770. The firm has a market cap of £421.00 million, a price-to-earnings ratio of 25.17, a PEG ratio of 1.91 and a beta of 1.03. The firm has a fifty day moving average price of GBX 672.61 and a two-hundred day moving average price of GBX 702.46.

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

Analyst Ratings Changes

Separately, Peel Hunt restated an “add” rating and issued a GBX 720 price objective on shares of Tatton Asset Management in a report on Tuesday, November 18th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target 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.