Insider Selling: Sabre Insurance Group (LON:SBRE) Insider Sells 10,976 Shares

Key Points

• Insider sale: Adam Richard Westwood sold 10,976 Sabre Insurance Group shares at GBX 177 each, for total proceeds of approximately £19,428.
• Stock performance: Shares opened at GBX 177 and are up 1.5%, with a 12-month range of GBX 123 to GBX 188.80 and a market capitalization of about £427.3 million.
• Analyst outlook: Sabre has a consensus “Moderate Buy” rating and an average price target of GBX 183, while analysts expect full-year EPS of approximately 19.08 pence.

Sabre Insurance Group plc (LON:SBRE - Get Free Report) insider Adam Richard Westwood sold 10,976 shares of Sabre Insurance Group stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of GBX 177, for a total transaction of £19,427.52.

Sabre Insurance Group Stock Up 1.5%

LON SBRE opened at GBX 177 on Thursday. The company has a market capitalization of £427.34 million, a P/E ratio of 11.86, a P/E/G ratio of 4.08 and a beta of 0.07. Sabre Insurance Group plc has a 12-month low of GBX 123 and a 12-month high of GBX 188.80. The firm has a 50-day moving average price of GBX 176.23 and a two-hundred day moving average price of GBX 163.95.

Sabre Insurance Group (LON:SBRE - Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported GBX 7.33 earnings per share (EPS) for the quarter. Sabre Insurance Group had a net margin of 16.49% and a return on equity of 14.67%. Equities analysts expect that Sabre Insurance Group plc will post 19.083558 EPS for the current year.

Wall Street Analysts Forecast Growth

SBRE has been the subject of several analyst reports. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 200 price objective on shares of Sabre Insurance Group in a report on Wednesday, August 5th. Jefferies Financial Group reissued a "hold" rating and set a GBX 152 target price on shares of Sabre Insurance Group in a report on Tuesday, August 4th. Royal Bank Of Canada restated a "sector perform" rating and issued a GBX 180 price target on shares of Sabre Insurance Group in a research report on Wednesday, August 5th. Finally, Peel Hunt reaffirmed an "add" rating and issued a GBX 200 price target on shares of Sabre Insurance Group in a research note on Tuesday, August 4th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Sabre Insurance Group presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 183.

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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