Insider Buying: Sabre Insurance Group PLC (LON:SBRE) Insider Buys £148.96 in Stock

Sabre Insurance Group PLC (LON:SBRE) insider Geoffrey Richard Carter acquired 56 shares of Sabre Insurance Group stock in a transaction that occurred on Tuesday, September 10th. The stock was acquired at an average cost of GBX 266 ($3.48) per share, with a total value of £148.96 ($194.64).

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

  • On Monday, August 12th, Geoffrey Richard Carter acquired 57 shares of Sabre Insurance Group stock. The stock was acquired at an average cost of GBX 265 ($3.46) per share, with a total value of £151.05 ($197.37).
  • On Wednesday, July 10th, Geoffrey Richard Carter acquired 52 shares of Sabre Insurance Group stock. The stock was acquired at an average cost of GBX 285 ($3.72) per share, with a total value of £148.20 ($193.65).

Shares of SBRE stock opened at GBX 284 ($3.71) on Friday. The business’s fifty day simple moving average is GBX 266.27 and its 200-day simple moving average is GBX 273.44. The company has a market cap of $710.00 million and a PE ratio of 14.72. The company has a current ratio of 1.25, a quick ratio of 1.03 and a debt-to-equity ratio of 0.12. Sabre Insurance Group PLC has a 12-month low of GBX 240 ($3.14) and a 12-month high of GBX 301 ($3.93).



The firm also recently declared a dividend, which will be paid on Thursday, September 19th. Stockholders of record on Thursday, August 22nd will be given a dividend of GBX 4.70 ($0.06) per share. This represents a dividend yield of 1.74%. The ex-dividend date is Thursday, August 22nd. Sabre Insurance Group’s payout ratio is presently 0.47%.

SBRE has been the subject of a number of recent research reports. Peel Hunt reissued a “buy” rating and issued a GBX 300 ($3.92) price objective (down previously from GBX 310 ($4.05)) on shares of Sabre Insurance Group in a research note on Monday, July 29th. Barclays reduced their price objective on shares of Sabre Insurance Group from GBX 296 ($3.87) to GBX 273 ($3.57) and set an “equal weight” rating for the company in a research note on Friday, May 24th. Berenberg Bank reduced their price objective on shares of Sabre Insurance Group from GBX 295 ($3.85) to GBX 290 ($3.79) and set a “buy” rating for the company in a research note on Tuesday, July 30th. Finally, Numis Securities reissued a “hold” rating on shares of Sabre Insurance Group in a research note on Thursday, May 23rd. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Sabre Insurance Group presently has a consensus rating of “Hold” and an average target price of GBX 293.25 ($3.83).

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. The company offers its products through a network of insurance brokers, as well as through its own direct brands, including the Go Girl, Insure 2 Drive, and Drive Smart.

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