Sabre Insurance Group plc (LON:SBRE) Insider Sells £42,734.24 in Stock

Sabre Insurance Group plc (LON:SBRE - Get Free Report) insider Adam Richard Westwood sold 24,008 shares of the business's stock in a transaction dated Monday, April 8th. The shares were sold at an average price of GBX 178 ($2.25), for a total value of £42,734.24 ($54,087.13).

Sabre Insurance Group Price Performance

Shares of Sabre Insurance Group stock traded down GBX 4.80 ($0.06) on Tuesday, hitting GBX 173 ($2.19). 90,523 shares of the company were exchanged, compared to its average volume of 240,478. Sabre Insurance Group plc has a 1-year low of GBX 117.20 ($1.48) and a 1-year high of GBX 183.60 ($2.32). The stock has a market capitalization of £429.75 million, a price-to-earnings ratio of 2,471.43, a price-to-earnings-growth ratio of 4.08 and a beta of 0.19. The company has a 50-day moving average price of GBX 163.69 and a 200 day moving average price of GBX 154.55. The company has a quick ratio of 0.21, a current ratio of 0.53 and a debt-to-equity ratio of 0.03.

Sabre Insurance Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, June 5th. Investors of record on Thursday, April 25th will be issued a GBX 8.10 ($0.10) dividend. The ex-dividend date is Thursday, April 25th. This is a boost from Sabre Insurance Group's previous dividend of $0.90. This represents a yield of 5.09%. Sabre Insurance Group's dividend payout ratio is currently 7,142.86%.

Analyst Upgrades and Downgrades

SBRE has been the subject of several recent analyst reports. Royal Bank of Canada lifted their price target on Sabre Insurance Group from GBX 200 ($2.53) to GBX 220 ($2.78) and gave the company an "outperform" rating in a research note on Wednesday, March 20th. Berenberg Bank lifted their price target on Sabre Insurance Group from GBX 170 ($2.15) to GBX 200 ($2.53) and gave the company a "buy" rating in a research note on Monday, February 19th.

About Sabre Insurance Group

Sabre Insurance Group plc, through its subsidiaries, engages in the writing of general insurance for motor vehicles and motorcycles in the United Kingdom. It offers its products through a network of insurance brokers, as well as through its own direct brands, including Go Girl, Insure 2 Drive, and Drive Smart.