Sabre Insurance Group (LON:SBRE) Insider Geoffrey Richard Carter Sells 30,621 Shares

Key Points

• Insider selling: Geoffrey Richard Carter sold 30,621 shares on April 13 at GBX 160 (≈£48,994) and had sold 148,146 shares on April 7 at the same price, together disposing of roughly £286,000 of stock in early April despite making small purchases earlier in the year.
• Stock outlook and performance: Sabre shares traded at GBX 161.95 (near a one‑year high of GBX 166.60), the company has a market cap of £395.66M and a PE of 10.61, and analysts give a "Moderate Buy" consensus with an average target of GBX 156.25 while Berenberg rates it a Buy with a GBX 185 target.

Sabre Insurance Group plc (LON:SBRE - Get Free Report) insider Geoffrey Richard Carter sold 30,621 shares of Sabre Insurance Group stock in a transaction dated Monday, April 13th. The shares were sold at an average price of GBX 160, for a total value of £48,993.60.

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

• On Friday, April 10th, Geoffrey Richard Carter acquired 124 shares of Sabre Insurance Group stock. The stock was bought at an average cost of GBX 162 per share, for a total transaction of £200.88.
• On Tuesday, April 7th, Geoffrey Richard Carter sold 148,146 shares of Sabre Insurance Group stock. The shares were sold at an average price of GBX 160, for a total value of £237,033.60.
• On Tuesday, March 10th, Geoffrey Richard Carter acquired 108 shares of Sabre Insurance Group stock. The stock was bought at an average cost of GBX 138 per share, for a total transaction of £149.04.
• On Tuesday, February 10th, Geoffrey Richard Carter acquired 116 shares of Sabre Insurance Group stock. The stock was bought at an average cost of GBX 130 per share, for a total transaction of £150.80.

Sabre Insurance Group Price Performance

Shares of SBRE stock traded up GBX 1.55 during trading on Tuesday, reaching GBX 161.95. The company had a trading volume of 1,521,244 shares, compared to its average volume of 1,090,069. The firm's 50 day simple moving average is GBX 144.57 and its two-hundred day simple moving average is GBX 135.51. Sabre Insurance Group plc has a one year low of GBX 122 and a one year high of GBX 166.60. The company has a market capitalization of £395.66 million, a PE ratio of 10.61, a PEG ratio of 4.08 and a beta of 0.07.

Sabre Insurance Group (LON:SBRE - Get Free Report) last issued its quarterly earnings data on Tuesday, March 10th. The company reported GBX 15.37 earnings per share for the quarter. Sabre Insurance Group had a return on equity of 11.29% and a net margin of 17.48%. Analysts forecast that Sabre Insurance Group plc will post 19.083558 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 185 price target on shares of Sabre Insurance Group in a research report on Tuesday, March 10th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of GBX 156.25.

About Sabre Insurance Group

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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