Insider Selling: AJ Bell plc (LON:AJB) Insider Sells 9,494 Shares of Stock

AJ Bell plc (LON:AJB - Get Free Report) insider Leslie Michael Platts sold 9,494 shares of the company's stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of GBX 419 ($5.58), for a total transaction of £39,779.86 ($52,969.19).

AJ Bell Trading Up 0.1 %

LON AJB traded up GBX 0.60 ($0.01) on Friday, reaching GBX 421.80 ($5.62). 361,481 shares of the company were exchanged, compared to its average volume of 2,171,632. The company has a current ratio of 3.63, a quick ratio of 7.16 and a debt-to-equity ratio of 6.46. The business's fifty day moving average price is GBX 411.02 and its 200 day moving average price is GBX 439.37. The stock has a market capitalization of £1.74 billion, a P/E ratio of 21.57, a price-to-earnings-growth ratio of 5.73 and a beta of 0.99. AJ Bell plc has a fifty-two week low of GBX 303 ($4.03) and a fifty-two week high of GBX 529 ($7.04).

AJ Bell Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 17th. Investors of record on Thursday, April 10th were issued a GBX 11.40 ($0.15) dividend. The ex-dividend date was Thursday, April 10th. This represents a dividend yield of 4.11%. This is a positive change from AJ Bell's previous dividend of $8.25. AJ Bell's dividend payout ratio is currently 61.37%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Shore Capital reiterated a "buy" rating on shares of AJ Bell in a research report on Thursday. Citigroup cut shares of AJ Bell to a "sell" rating and reduced their target price for the company from GBX 450 ($5.99) to GBX 390 ($5.19) in a research report on Tuesday, January 7th.

AJ Bell Company Profile

Established in 1995, AJ Bell is one of the largest investment platforms in the UK, operating at scale in both the advised and direct-to-consumer markets. Our purpose is to help people invest by providing them with easy access to Pensions, ISAs and General investment accounts, great customer service and competitive charges. Our two core platform propositions are AJ Bell in the D2C market and AJ Bell Investcentre in the advised market, which both provide access to a broad investment range including shares and other instruments traded on the major stock exchanges around the world, as well as all mainstream collective investments available in the UK and our own range of AJ Bell funds.