Sabre Corp. (NASDAQ:SABR) Vice Chairman Gregory T. Webb sold 220,000 shares of Sabre Corp. stock in a transaction that occurred on Tuesday, October 11th. The shares were sold at an average price of $26.47, for a total transaction of $5,823,400.00. Following the completion of the sale, the insider now owns 220,000 shares of the company’s stock, valued at $5,823,400. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Sabre Corp. (NASDAQ:SABR) opened at 26.56 on Thursday. Sabre Corp. has a 52-week low of $22.03 and a 52-week high of $30.45. The company has a market cap of $7.39 billion, a price-to-earnings ratio of 15.48 and a beta of 0.87. The stock has a 50 day moving average of $27.71 and a 200-day moving average of $27.96.

Sabre Corp. (NASDAQ:SABR) last released its quarterly earnings data on Tuesday, August 2nd. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.36 by $0.01. The company earned $845.20 million during the quarter, compared to the consensus estimate of $852.33 million. Sabre Corp. had a return on equity of 56.62% and a net margin of 14.87%. The firm’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.27 EPS. On average, analysts forecast that Sabre Corp. will post $1.43 EPS for the current year.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 30th. Stockholders of record on Wednesday, September 21st were issued a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 1.96%. The ex-dividend date of this dividend was Monday, September 19th. Sabre Corp.’s payout ratio is presently 30.41%.

SABR has been the subject of a number of analyst reports. Evercore ISI reiterated a “buy” rating on shares of Sabre Corp. in a research note on Tuesday, June 21st. Jefferies Group reissued a “buy” rating and issued a $33.00 price target on shares of Sabre Corp. in a research report on Tuesday, June 21st. Oppenheimer Holdings Inc. dropped their price target on shares of Sabre Corp. from $34.00 to $32.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 3rd. KeyCorp dropped their price target on shares of Sabre Corp. from $35.00 to $34.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 3rd. Finally, Morgan Stanley reissued a “buy” rating and issued a $38.00 price target on shares of Sabre Corp. in a research report on Wednesday, August 3rd. One equities research analyst has rated the stock with a sell rating and twelve have issued a buy rating to the company. Sabre Corp. currently has an average rating of “Buy” and an average target price of $34.20.

Several large investors have recently added to or reduced their stakes in SABR. Nisa Investment Advisors LLC increased its stake in Sabre Corp. by 430.0% in the third quarter. Nisa Investment Advisors LLC now owns 5,300 shares of the company’s stock valued at $149,000 after buying an additional 4,300 shares during the last quarter. British Columbia Investment Management Corp increased its stake in Sabre Corp. by 23.9% in the third quarter. British Columbia Investment Management Corp now owns 465,858 shares of the company’s stock valued at $13,128,000 after buying an additional 89,981 shares during the last quarter. Raymond James Trust N.A. increased its stake in Sabre Corp. by 1.2% in the third quarter. Raymond James Trust N.A. now owns 10,469 shares of the company’s stock valued at $295,000 after buying an additional 127 shares during the last quarter. First Mercantile Trust Co. increased its stake in Sabre Corp. by 4.1% in the third quarter. First Mercantile Trust Co. now owns 12,080 shares of the company’s stock valued at $340,000 after buying an additional 480 shares during the last quarter. Finally, BNP Paribas Arbitrage SA increased its stake in Sabre Corp. by 1.4% in the third quarter. BNP Paribas Arbitrage SA now owns 653,811 shares of the company’s stock valued at $18,424,000 after buying an additional 8,720 shares during the last quarter.

Sabre Corp. Company Profile

Sabre Corporation is a technology solutions provider to the global travel and tourism industry. The Company’s software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage critical operations, including passenger and guest reservations, revenue management, flight, network and crew management.

5 Day Chart for NASDAQ:SABR

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