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 business's stock in a transaction that occurred on Tuesday, April 15th. The shares were sold at an average price of GBX 419 ($5.58), for a total transaction of £39,779.86 ($52,969.19).

AJ Bell Stock Up 0.1 %

Shares of AJB traded up GBX 0.60 ($0.01) during midday trading on Friday, hitting GBX 421.80 ($5.62). The company had a trading volume of 361,481 shares, compared to its average volume of 2,171,632. AJ Bell plc has a 1 year low of GBX 303 ($4.03) and a 1 year high of GBX 529 ($7.04). The firm has a market capitalization of £1.74 billion, a P/E ratio of 21.57, a P/E/G ratio of 5.73 and a beta of 0.99. The company has a debt-to-equity ratio of 6.46, a quick ratio of 7.16 and a current ratio of 3.63. The company's 50-day simple moving average is GBX 411.02 and its 200-day simple moving average is GBX 439.29.

AJ Bell Increases Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Citigroup lowered AJ Bell to a "sell" rating and decreased their target price for the stock from GBX 450 ($5.99) to GBX 390 ($5.19) in a research note on Tuesday, January 7th. Shore Capital reaffirmed a "buy" rating on shares of AJ Bell in a research note on Thursday.

About AJ Bell

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.