Insider Buying: Sabre Insurance Group (LON:SBRE) Insider Purchases 250 Shares of Stock

Key Points

• Geoffrey Richard Carter, an insider at Sabre Insurance Group, purchased 250 shares of stock on September 24th at an average price of GBX 142 per share, totaling £355.
• Sabre Insurance Group's shares are currently trading at GBX 142.46, with a market capitalization of £349.87 million and a price-to-earnings ratio of 897.08.
• Analysts have a consensus rating of "Buy" for Sabre Insurance Group, with a price target of GBX 185, reflecting positive expectations about the company's performance.

Sabre Insurance Group plc (LON:SBRE - Get Free Report) insider Geoffrey Richard Carter bought 250 shares of Sabre Insurance Group stock in a transaction on Wednesday, September 24th. The stock was purchased at an average price of GBX 142 per share, with a total value of £355.

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

• On Wednesday, September 10th, Geoffrey Richard Carter bought 109 shares of Sabre Insurance Group stock. The stock was purchased at an average price of GBX 135 per share, with a total value of £147.15.
• On Monday, August 11th, Geoffrey Richard Carter bought 99 shares of Sabre Insurance Group stock. The stock was purchased at an average price of GBX 151 per share, with a total value of £149.49.
• On Thursday, July 10th, Geoffrey Richard Carter acquired 101 shares of Sabre Insurance Group stock. The shares were acquired at an average price of GBX 149 per share, with a total value of £150.49.

Sabre Insurance Group Trading Down 0.1%

Shares of SBRE traded down GBX 0.14 during midday trading on Thursday, hitting GBX 142.46. 59,365 shares of the company's stock traded hands, compared to its average volume of 582,642. The firm's fifty day moving average is GBX 145.73 and its 200-day moving average is GBX 138.01. Sabre Insurance Group plc has a 1 year low of GBX 118.60 and a 1 year high of GBX 160.20. The stock has a market capitalization of £349.87 million, a price-to-earnings ratio of 897.08, a price-to-earnings-growth ratio of 4.08 and a beta of 0.22.

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

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Royal Bank Of Canada upped their target price on Sabre Insurance Group from GBX 160 to GBX 170 and gave the company an "outperform" rating in a research report on Friday, August 1st. Berenberg Bank reiterated a "buy" rating and set a GBX 200 price target on shares of Sabre Insurance Group in a research note on Wednesday, September 3rd. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently 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.

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