Insider Buying: Sabre Insurance Group (LON:SBRE) Insider Acquires £200.48 in Stock

Key Points

• Sabre Insurance insider Geoffrey Richard Carter bought 112 shares at GBX 179 each on November 10, for a total of £200.48.
• Carter has made several recent small purchases, but also sold 9,330 shares in September for £16,420.80.
• Analysts’ consensus rating is “Moderate Buy”, with an average price target of GBX 189.25; shares traded at GBX 181.40 in the article’s reporting.

Sabre Insurance Group plc (LON:SBRE - Get Free Report) insider Geoffrey Richard Carter bought 112 shares of the stock in a transaction on Tuesday, November 10th. The shares were acquired at an average cost of GBX 179 per share, for a total transaction of £200.48.

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

• On Monday, October 12th, Geoffrey Richard Carter purchased 112 shares of Sabre Insurance Group stock. The shares were purchased at an average cost of GBX 177 per share, for a total transaction of £198.24.
• On Thursday, September 17th, Geoffrey Richard Carter sold 9,330 shares of Sabre Insurance Group stock. The stock was sold at an average price of GBX 176, for a total value of £16,420.80.
• On Thursday, September 10th, Geoffrey Richard Carter bought 120 shares of Sabre Insurance Group stock. The shares were acquired at an average price of GBX 168 per share, for a total transaction of £201.60.

Sabre Insurance Group Price Performance

Shares of LON:SBRE traded up GBX 1.40 during trading on Wednesday, hitting GBX 181.40. 49,129 shares of the company were exchanged, compared to its average volume of 1,252,218. The stock has a 50 day moving average of GBX 173.32 and a 200 day moving average of GBX 161.95. The company has a market cap of £437.97 million, a PE ratio of 12.15, a P/E/G ratio of 4.08 and a beta of 0.07. Sabre Insurance Group plc has a 52-week low of GBX 123 and a 52-week high of GBX 188.80.

Analyst Ratings Changes

A number of research analysts have issued reports on SBRE shares. Royal Bank Of Canada reissued a "sector perform" rating and issued a GBX 180 price target on shares of Sabre Insurance Group in a report on Wednesday, August 5th. Jefferies Financial Group reissued a "hold" rating and set a GBX 172 target price on shares of Sabre Insurance Group in a research note on Wednesday, October 21st. Peel Hunt reaffirmed an "add" rating and issued a GBX 200 price target on shares of Sabre Insurance Group in a research report on Tuesday, August 4th. Finally, Berenberg Bank reissued a "buy" rating and set a GBX 205 price objective on shares of Sabre Insurance Group in a report on Tuesday, October 20th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 189.25.

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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