Insider Selling: Sabre Insurance Group (LON:SBRE) Insider Sells £48,993.60 in Stock

by · The Cerbat Gem

Sabre Insurance Group plc (LON:SBREGet Free Report) insider Geoffrey Richard Carter sold 30,621 shares of Sabre Insurance Group stock in a transaction that occurred on 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 purchased 124 shares of Sabre Insurance Group stock. The shares were purchased at an average cost of GBX 162 per share, with a total value of £200.88.
  • On Tuesday, April 7th, Geoffrey Richard Carter sold 148,146 shares of Sabre Insurance Group stock. The stock was sold at an average price of GBX 160, for a total value of £237,033.60.
  • On Tuesday, March 10th, Geoffrey Richard Carter purchased 108 shares of Sabre Insurance Group stock. The stock was acquired at an average cost of GBX 138 per share, for a total transaction of £149.04.
  • On Tuesday, February 10th, Geoffrey Richard Carter purchased 116 shares of Sabre Insurance Group stock. The shares were bought at an average cost of GBX 130 per share, with a total value of £150.80.

Sabre Insurance Group Stock Down 4.5%

Shares of SBRE opened at GBX 155.83 on Friday. The company’s fifty day moving average is GBX 146.32 and its two-hundred day moving average is GBX 135.96. Sabre Insurance Group plc has a fifty-two week low of GBX 122 and a fifty-two week high of GBX 168.80. The firm has a market cap of £380.70 million, a PE ratio of 10.21, a price-to-earnings-growth ratio of 4.08 and a beta of 0.07.

Sabre Insurance Group (LON:SBREGet Free Report) last released its quarterly earnings data on Tuesday, March 10th. The company reported GBX 15.37 EPS for the quarter. Sabre Insurance Group had a return on equity of 11.29% and a net margin of 17.48%. As a group, equities research analysts anticipate that Sabre Insurance Group plc will post 19.083558 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 185 target price on shares of Sabre Insurance Group in a 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. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 156.25.

Get Our Latest Analysis on SBRE

About Sabre Insurance Group

(Get Free Report)

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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