Geoffrey Richard Carter Sells 9,330 Shares of Sabre Insurance Group (LON:SBRE) Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter sold 9,330 shares of the company’s stock in a transaction on Thursday, September 17th. The stock was sold at an average price of GBX 176, for a total transaction of £16,420.80.

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

• On Thursday, September 10th, Geoffrey Richard Carter bought 120 shares of Sabre Insurance Group stock. The shares were bought at an average price of GBX 168 per share, for a total transaction 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 cost of GBX 176 per share, with a total value of £198.88.

Sabre Insurance Group Price Performance

SBRE traded up GBX 2.47 on Thursday, hitting GBX 176.87. 294,827 shares of the stock were exchanged, compared to its average volume of 1,306,425. The business has a 50-day moving average of GBX 176.23 and a two-hundred day moving average of GBX 163.95. The firm has a market capitalization of £427.03 million, a price-to-earnings ratio of 11.85, 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.

Sabre Insurance Group (LON:SBRE) last announced its earnings results on Tuesday, August 4th. The company reported GBX 7.33 earnings per share (EPS) for the quarter. Sabre Insurance Group had a return on equity of 14.67% and a net margin of 16.49%. Equities research analysts expect that Sabre Insurance Group plc will post 19.083558 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on SBRE. Peel Hunt reissued an “add” rating and set a GBX 200 target price on shares of Sabre Insurance Group in a research note on Tuesday, August 4th. Berenberg Bank restated a “buy” rating and issued a GBX 200 target price on shares of Sabre Insurance Group in a research note on Wednesday, August 5th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 152 price target on shares of Sabre Insurance Group in a research note on Tuesday, August 4th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 180 price objective on shares of Sabre Insurance Group in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 183.

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.