Insider Buying: Sabre Insurance Group (LON:SBRE) Insider Acquires 109 Shares of Stock

Key Points

• Geoffrey Richard Carter, an insider at Sabre Insurance Group, recently purchased 109 shares at an average price of GBX 135 per share, adding to previous purchases of 99 and 101 shares in August and July respectively.
• Sabre Insurance Group's stock performance shows a market cap of £331.56 million and a PE ratio of 850.13, with the stock trading at GBX 135 as of Thursday.
• Recent analyst activity includes Royal Bank Of Canada raising its price target to GBX 170 and Berenberg Bank giving a "buy" rating with a target of GBX 200, suggesting a consensus rating of "Buy" for the stock.

Sabre Insurance Group plc (LON:SBRE - Get Free Report) insider Geoffrey Richard Carter acquired 109 shares of the business's stock in a transaction on Wednesday, September 10th. The shares were purchased at an average cost of GBX 135 per share, for a total transaction of £147.15.

Geoffrey Richard Carter also recently made the following trade(s):

• On Monday, August 11th, Geoffrey Richard Carter purchased 99 shares of Sabre Insurance Group stock. The stock was bought at an average cost of GBX 151 per share, for a total transaction of £149.49.
• On Thursday, July 10th, Geoffrey Richard Carter purchased 101 shares of Sabre Insurance Group stock. The stock was bought at an average cost of GBX 149 per share, for a total transaction of £150.49.

Sabre Insurance Group Stock Performance

LON SBRE traded down GBX 0.20 during trading on Tuesday, hitting GBX 138.60. 296,274 shares of the company's stock traded hands, compared to its average volume of 592,525. The stock has a market capitalization of £340.40 million, a price-to-earnings ratio of 872.80, a PEG ratio of 4.08 and a beta of 0.22. Sabre Insurance Group plc has a 12-month low of GBX 118.60 and a 12-month high of GBX 160.20. The business has a 50 day moving average of GBX 147.09 and a 200-day moving average of GBX 137.49.

Sabre Insurance Group (LON:SBRE - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported GBX 7.64 EPS for the quarter. Sabre Insurance Group had a net margin of 12.82% and a return on equity of 12.19%. On average, analysts expect that Sabre Insurance Group plc will post 19.083558 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have commented on SBRE shares. Berenberg Bank reiterated a "buy" rating and set a GBX 200 price target on shares of Sabre Insurance Group in a research report on Wednesday, September 3rd. Royal Bank Of Canada increased their price objective on Sabre Insurance Group from GBX 160 to GBX 170 and gave the company an "outperform" rating in a research note on Friday, August 1st. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of GBX 185.

About Sabre Insurance Group

Sabre Insurance Group plc, through its subsidiaries, engages in the writing of general insurance for motor vehicles in the United Kingdom. It offers taxi, private car, and motorcycle insurance through a network of insurance brokers, as well as through its Go Girl and Insure 2 Drive brands. The company was founded in 1982 and is based in Dorking, the United Kingdom.