Sabre Insurance Group (LON:SBRE) Insider Geoffrey Richard Carter Sells 9,330 Shares of Stock

Key Points

• Insider transaction: Geoffrey Richard Carter sold 9,330 Sabre Insurance Group shares at GBX 176 each, worth £16,420.80. He had recently purchased 120 shares in September and 113 shares in August.
• Stock performance: SBRE shares rose to GBX 176.87, with a market capitalization of approximately £427 million. The stock has traded between GBX 123 and GBX 188.80 over the past year.
• Analyst outlook: Analysts have a “Moderate Buy” consensus rating and an average price target of GBX 183, with individual targets ranging from GBX 152 to GBX 200.

Sabre Insurance Group plc (LON:SBRE - Get Free Report) insider Geoffrey Richard Carter sold 9,330 shares of Sabre Insurance Group stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of GBX 176, for a total value of £16,420.80.

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

• On Thursday, September 10th, Geoffrey Richard Carter acquired 120 shares of Sabre Insurance Group stock. The shares were bought at an average cost of GBX 168 per share, with a total value of £201.60.
• On Monday, August 10th, Geoffrey Richard Carter bought 113 shares of Sabre Insurance Group stock. The stock was bought at an average cost of GBX 176 per share, for a total transaction of £198.88.

Sabre Insurance Group Stock Performance

Shares of SBRE traded up GBX 2.47 during trading hours on Thursday, hitting GBX 176.87. The company had a trading volume of 294,827 shares, compared to its average volume of 1,306,425. Sabre Insurance Group plc has a 52-week low of GBX 123 and a 52-week high of GBX 188.80. The firm has a fifty day moving average price of GBX 176.23 and a 200-day moving average price of GBX 163.95. The stock has a market capitalization of £427.03 million, a price-to-earnings ratio of 11.85, a P/E/G ratio of 4.08 and a beta of 0.07.

Sabre Insurance Group (LON:SBRE - Get Free Report) last issued 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%. Research analysts anticipate that Sabre Insurance Group plc will post 19.083558 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have commented on SBRE shares. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a GBX 180 target price on shares of Sabre Insurance Group in a research note on Wednesday, August 5th. Jefferies Financial Group reiterated a "hold" rating and issued a GBX 152 price objective on shares of Sabre Insurance Group in a research report on Tuesday, August 4th. Berenberg Bank reissued a "buy" rating and set a GBX 200 target price on shares of Sabre Insurance Group in a research note on Wednesday, August 5th. Finally, Peel Hunt restated an "add" rating and issued a GBX 200 target price on shares of Sabre Insurance Group in a research report on Tuesday, August 4th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price 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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