Insider Buying: Sabre Insurance Group (LON:SBRE) Insider Buys 124 Shares of Stock

Key Points

• Insider Geoffrey Richard Carter bought 124 shares on April 10 at GBX 162 (£200.88) after selling a large block of 148,146 shares on April 7 at GBX 160 and making smaller purchases in February and March.
• Sabre shares trade around GBX 160.60 (near the 1‑year high of GBX 166.60); the firm has a market cap of £392.36m, a P/E of 10.52, and a consensus analyst rating of "Moderate Buy" (target GBX 156.25) with Berenberg at GBX 185.

Sabre Insurance Group plc (LON:SBRE - Get Free Report) insider Geoffrey Richard Carter purchased 124 shares of Sabre Insurance Group stock in a transaction that occurred on Friday, April 10th. The shares were bought at an average price of GBX 162 per share, with a total value of £200.88.

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

• On Tuesday, April 7th, Geoffrey Richard Carter sold 148,146 shares of Sabre Insurance Group stock. The stock was sold at an average price of GBX 160, for a total transaction of £237,033.60.
• On Tuesday, March 10th, Geoffrey Richard Carter purchased 108 shares of Sabre Insurance Group stock. The shares were bought at an average price of GBX 138 per share, with a total value of £149.04.
• On Tuesday, February 10th, Geoffrey Richard Carter purchased 116 shares of Sabre Insurance Group stock. The shares were bought at an average price of GBX 130 per share, with a total value of £150.80.

Sabre Insurance Group Stock Performance

Shares of SBRE traded down GBX 0.49 during mid-day trading on Monday, hitting GBX 160.60. 486,155 shares of the company were exchanged, compared to its average volume of 1,078,201. Sabre Insurance Group plc has a 1-year low of GBX 122 and a 1-year high of GBX 166.60. The company has a 50 day moving average of GBX 143.99 and a 200-day moving average of GBX 135.37. The stock has a market cap of £392.36 million, a price-to-earnings ratio of 10.52, a price-to-earnings-growth ratio of 4.08 and a beta of 0.07.

Sabre Insurance Group (LON:SBRE - Get Free Report) last released its quarterly earnings results on Tuesday, March 10th. The company reported GBX 15.37 earnings per share for the quarter. Sabre Insurance Group had a net margin of 17.48% and a return on equity of 11.29%. Research analysts anticipate that Sabre Insurance Group plc will post 19.083558 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 185 price objective on shares of Sabre Insurance Group in a research note on Tuesday, March 10th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 156.25.

Sabre Insurance Group Company Profile

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.

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