Insider Selling: Sabre Corp (SABR) VP Sells $227,129.95 in Stock

Sabre Corp (NASDAQ:SABR) VP Jami Kindle sold 8,719 shares of the business’s stock in a transaction dated Tuesday, December 4th. The stock was sold at an average price of $26.05, for a total transaction of $227,129.95. Following the sale, the vice president now directly owns 17,013 shares of the company’s stock, valued at $443,188.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

NASDAQ:SABR opened at $25.57 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 3.58. The stock has a market cap of $6.93 billion, a PE ratio of 19.67, a price-to-earnings-growth ratio of 2.59 and a beta of 0.70. Sabre Corp has a one year low of $17.91 and a one year high of $26.78.

Sabre (NASDAQ:SABR) last posted its earnings results on Tuesday, October 30th. The information technology services provider reported $0.39 EPS for the quarter, topping the consensus estimate of $0.35 by $0.04. The company had revenue of $970.28 million during the quarter, compared to the consensus estimate of $944.97 million. Sabre had a net margin of 8.76% and a return on equity of 45.54%. The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.31 earnings per share. On average, equities analysts predict that Sabre Corp will post 1.36 earnings per share for the current fiscal year.



The company also recently declared a quarterly dividend, which will be paid on Friday, December 28th. Investors of record on Friday, December 21st will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 2.19%. The ex-dividend date is Thursday, December 20th. Sabre’s dividend payout ratio (DPR) is presently 43.08%.

A number of institutional investors have recently added to or reduced their stakes in the stock. IFM Investors Pty Ltd boosted its holdings in Sabre by 17.0% during the third quarter. IFM Investors Pty Ltd now owns 14,058 shares of the information technology services provider’s stock worth $367,000 after purchasing an additional 2,041 shares during the last quarter. Fox Run Management L.L.C. boosted its holdings in Sabre by 19.7% during the third quarter. Fox Run Management L.L.C. now owns 13,379 shares of the information technology services provider’s stock worth $349,000 after purchasing an additional 2,204 shares during the last quarter. Arizona State Retirement System boosted its holdings in Sabre by 1.4% during the third quarter. Arizona State Retirement System now owns 177,887 shares of the information technology services provider’s stock worth $4,639,000 after purchasing an additional 2,400 shares during the last quarter. Cadence Capital Management LLC boosted its holdings in Sabre by 16.0% during the third quarter. Cadence Capital Management LLC now owns 17,533 shares of the information technology services provider’s stock worth $457,000 after purchasing an additional 2,420 shares during the last quarter. Finally, Beese Fulmer Investment Management Inc. boosted its holdings in Sabre by 1.6% during the third quarter. Beese Fulmer Investment Management Inc. now owns 162,808 shares of the information technology services provider’s stock worth $4,246,000 after purchasing an additional 2,567 shares during the last quarter. Institutional investors and hedge funds own 95.89% of the company’s stock.

Several equities research analysts have recently commented on SABR shares. BidaskClub downgraded shares of Sabre from a “hold” rating to a “sell” rating in a research report on Saturday, October 6th. Imperial Capital reissued a “buy” rating and set a $33.00 target price on shares of Sabre in a research report on Wednesday, October 31st. They noted that the move was a valuation call. Morgan Stanley boosted their target price on shares of Sabre from $26.00 to $27.00 and gave the stock a “hold” rating in a research report on Wednesday, October 31st. Zacks Investment Research reissued a “buy” rating and set a $27.00 target price on shares of Sabre in a research report on Thursday, November 15th. Finally, Oppenheimer reissued a “buy” rating on shares of Sabre in a research report on Thursday, November 15th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $28.14.

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About Sabre

Sabre Corporation, through its subsidiary, Sabre Holdings Corporation, provides technology solutions to the travel and tourism industry worldwide. It operates through two segments, Travel Network, and Airline and Hospitality Solutions. The Travel Network segment operates as a business-to-business travel marketplace that offers travel content, such as inventory, prices, and availability from a range of travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines, and tour operators with a network of travel buyers comprising online and offline travel agencies, travel management companies, and corporate travel departments.

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Insider Buying and Selling by Quarter for Sabre (NASDAQ:SABR)

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