Tatton Asset Management (LON:TAM) Insider Paul Hogarth Sells 100,000 Shares

Tatton Asset Management plc (LON:TAM) insider Paul Hogarth sold 100,000 shares of Tatton Asset Management 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 Trading Up 2.0%

Shares of LON TAM opened at GBX 698 on Friday. Tatton Asset Management plc has a 12 month low of GBX 546 and a 12 month high of GBX 770. The company has a market cap of £425.88 million, a price-to-earnings ratio of 25.47, a P/E/G ratio of 1.91 and a beta of 1.03. The company has a quick ratio of 3.50, a current ratio of 3.71 and a debt-to-equity ratio of 1.52. The business has a fifty day simple moving average of GBX 672.73 and a 200-day simple moving average of GBX 703.03.

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

Wall Street Analysts Forecast Growth

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

Tatton Asset Management Company Profile

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.