Sabre Insurance Group (LON:SBRE) Insider Sells £115,881.60 in Stock

Key Points

• Insider sale: Adam Richard Westwood sold 72,426 shares on April 7 at GBX 160, a transaction totalling £115,881.60.
• Shares last traded at GBX 159.80 (down 0.6%) with a market cap of £390.4m, P/E of 10.47, 50‑/200‑day moving averages of GBX 143.37/135.33, and a one‑year range of GBX 122–166.60.
• Sabre reported quarterly EPS of GBX 15.37 with ROE 11.29% and a net margin of 17.48%; analysts' consensus is a Moderate Buy with a consensus target of GBX 156.25 and Berenberg's higher GBX 185 target.

Sabre Insurance Group plc (LON:SBRE - Get Free Report) insider Adam Richard Westwood sold 72,426 shares of the company's stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of GBX 160, for a total transaction of £115,881.60.

Sabre Insurance Group Stock Down 0.6%

LON:SBRE traded down GBX 1 during mid-day trading on Friday, hitting GBX 159.80. 888,898 shares of the company traded hands, compared to its average volume of 1,055,973. The stock's fifty day moving average price is GBX 143.37 and its 200-day moving average price is GBX 135.33. The firm has a market cap of £390.40 million, a price-to-earnings ratio of 10.47, a price-to-earnings-growth ratio of 4.08 and a beta of 0.07. Sabre Insurance Group plc has a one year low of GBX 122 and a one year high of GBX 166.60.

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

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a "buy" rating and set a GBX 185 target price on shares of Sabre Insurance Group in a report on Tuesday, March 10th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Sabre Insurance Group has a consensus rating of "Moderate Buy" and a consensus price target 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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