Sabre Insurance Group (LON:SBRE) Stock: Insider Geoffrey Richard Carter Purchases 112 Shares

Key Points

• Insider activity: Geoffrey Richard Carter purchased 112 Sabre Insurance Group shares at GBX 177 each, worth £198.24. He previously sold 9,330 shares in September and made smaller purchases in August and September.
• Stock performance: SBRE shares rose to GBX 181.60, with a market capitalization of approximately £438.45 million. The stock has traded between GBX 123 and GBX 188.80 over the past year.
• Analyst outlook: Analysts have a consensus “Moderate Buy” rating and an average price target of GBX 184.25, with individual targets ranging from GBX 152 to GBX 205.

Sabre Insurance Group plc (LON:SBRE - Get Free Report) insider Geoffrey Richard Carter acquired 112 shares of the stock in a transaction on Monday, October 12th. The shares were bought at an average price of GBX 177 per share, for a total transaction of £198.24.

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

• On Thursday, September 17th, Geoffrey Richard Carter sold 9,330 shares of Sabre Insurance Group stock. The shares were 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 cost of GBX 168 per share, with a total value of £201.60.
• On Monday, August 10th, Geoffrey Richard Carter acquired 113 shares of Sabre Insurance Group stock. The shares were bought at an average price of GBX 176 per share, with a total value of £198.88.

Sabre Insurance Group Stock Performance

Shares of SBRE traded up GBX 4.80 during trading hours on Tuesday, reaching GBX 181.60. The stock had a trading volume of 640,534 shares, compared to its average volume of 1,227,899. The stock has a market capitalization of £438.45 million, a PE ratio of 12.16, a PEG 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 company's 50-day moving average is GBX 172.45 and its two-hundred day moving average is GBX 167.37.

Sabre Insurance Group (LON:SBRE - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported GBX 7.33 earnings per share for the quarter. Sabre Insurance Group had a return on equity of 14.67% and a net margin of 16.49%. Equities analysts anticipate that Sabre Insurance Group plc will post 19.08 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

SBRE has been the topic of several recent analyst reports. Jefferies Financial Group restated a "hold" rating and issued a GBX 152 target price on shares of Sabre Insurance Group in a report on Tuesday, August 4th. Peel Hunt reaffirmed an "add" rating and set a GBX 200 target price on shares of Sabre Insurance Group in a research report on Tuesday, August 4th. Royal Bank Of Canada reissued a "sector perform" rating and set a GBX 180 target price on shares of Sabre Insurance Group in a research report on Wednesday, August 5th. Finally, Berenberg Bank boosted their target price on shares of Sabre Insurance Group from GBX 200 to GBX 205 and gave the company a "buy" rating in a research note on Wednesday, September 30th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of GBX 184.25.

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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