Geoffrey Richard Carter Buys 7,518 Shares of Sabre Insurance Group plc (LON:SBRE) Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter bought 7,518 shares of the stock in a transaction on Tuesday, October 22nd. The stock was purchased at an average price of GBX 132 ($1.71) per share, for a total transaction of £9,923.76 ($12,884.65).

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

• On Thursday, October 10th, Geoffrey Richard Carter purchased 142 shares of Sabre Insurance Group stock. The shares were acquired at an average price of GBX 141 ($1.83) per share, for a total transaction of £200.22 ($259.96).
• On Tuesday, September 10th, Geoffrey Richard Carter bought 132 shares of Sabre Insurance Group stock. The shares were bought at an average price of GBX 150 ($1.95) per share, for a total transaction of £198 ($257.08).
• On Tuesday, August 13th, Geoffrey Richard Carter purchased 96 shares of Sabre Insurance Group stock. The shares were bought at an average price of GBX 156 ($2.03) per share, for a total transaction of £149.76 ($194.44).

Sabre Insurance Group Price Performance

SBRE stock traded down GBX 5.20 ($0.07) during midday trading on Tuesday, reaching GBX 132.20 ($1.72). 2,476,083 shares of the company’s stock traded hands, compared to its average volume of 482,711. The company has a 50-day simple moving average of GBX 147.97 and a two-hundred day simple moving average of GBX 156.40. The company has a quick ratio of 0.21, a current ratio of 0.52 and a debt-to-equity ratio of 0.03. Sabre Insurance Group plc has a 1-year low of GBX 124.40 ($1.62) and a 1-year high of GBX 183.60 ($2.38). The company has a market cap of £328.40 million, a price-to-earnings ratio of 1,145.00, a PEG ratio of 4.08 and a beta of 0.22.

Sabre Insurance Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, September 25th. Investors of record on Thursday, August 22nd were issued a GBX 1.70 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, August 22nd. This represents a dividend yield of 1.06%. Sabre Insurance Group’s dividend payout ratio is 5,000.00%.

Analyst Ratings Changes

Separately, Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 220 ($2.86) target price on shares of Sabre Insurance Group in a research report on Thursday, August 1st.

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.