Sabre Insurance Group plc (LON:SBRE) Insider Acquires £9,899 in Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter bought 5,210 shares of the company’s stock in a transaction on Thursday, October 14th. The shares were purchased at an average cost of GBX 190 ($2.48) per share, for a total transaction of £9,899 ($12,933.11).

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

  • On Monday, October 11th, Geoffrey Richard Carter purchased 74 shares of Sabre Insurance Group stock. The shares were purchased at an average price of GBX 201 ($2.63) per share, with a total value of £148.74 ($194.33).
  • On Friday, September 10th, Geoffrey Richard Carter acquired 69 shares of Sabre Insurance Group stock. The shares were purchased at an average cost of GBX 218 ($2.85) per share, with a total value of £150.42 ($196.52).
  • On Tuesday, August 10th, Geoffrey Richard Carter acquired 66 shares of Sabre Insurance Group stock. The shares were purchased at an average cost of GBX 228 ($2.98) per share, with a total value of £150.48 ($196.60).
  • On Thursday, July 29th, Geoffrey Richard Carter purchased 10,000 shares of Sabre Insurance Group stock. The stock was bought at an average cost of GBX 234 ($3.06) per share, with a total value of £23,400 ($30,572.25).

Shares of SBRE stock opened at GBX 192.60 ($2.52) on Thursday. The company has a market capitalization of £481.50 million and a price-to-earnings ratio of 13.63. Sabre Insurance Group plc has a one year low of GBX 187 ($2.44) and a one year high of GBX 290 ($3.79). The company’s fifty day moving average price is GBX 218.50 and its 200-day moving average price is GBX 244.03. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.51 and a quick ratio of 0.20.

The company also recently disclosed a dividend, which was paid on Thursday, September 16th. Stockholders of record on Thursday, August 19th were given a dividend of GBX 3.70 ($0.05) per share. The ex-dividend date was Thursday, August 19th. This represents a dividend yield of 1.46%. Sabre Insurance Group’s payout ratio is 0.79%.

SBRE has been the topic of a number of recent research reports. Shore Capital restated an “under review” rating on shares of Sabre Insurance Group in a report on Thursday. Berenberg Bank cut their price target on shares of Sabre Insurance Group from GBX 224 ($2.93) to GBX 199 ($2.60) and set a “sell” rating on the stock in a report on Friday, October 1st. Credit Agricole dropped their target price on shares of Sabre Insurance Group from GBX 320 ($4.18) to GBX 310 ($4.05) and set an “outperform” rating on the stock in a report on Wednesday, July 28th. Finally, Barclays dropped their target price on shares of Sabre Insurance Group from GBX 264 ($3.45) to GBX 261 ($3.41) and set an “equal weight” rating on the stock in a report on Friday, September 10th.

About Sabre Insurance Group

Sabre Insurance Group plc, through its subsidiaries, writes general insurance for motor vehicles in the United Kingdom. It offers its products through a network of insurance brokers, as well as through its own direct brands, including Go Girl and Insure 2 Drive. The company was founded in 1982 and is based in Dorking, the United Kingdom.

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Insider Buying and Selling by Quarter for Sabre Insurance Group (LON:SBRE)

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