Insider Selling: Sabre Insurance Group (LON:SBRE) Insider Sells £16,420.80 in Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter sold 9,330 shares of the firm’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of GBX 176, for a total transaction of £16,420.80.

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

• On Thursday, September 10th, Geoffrey Richard Carter bought 120 shares of Sabre Insurance Group stock. The stock was purchased at an average cost of GBX 168 per share, with a total value of £201.60.
• On Monday, August 10th, Geoffrey Richard Carter bought 113 shares of Sabre Insurance Group stock. The shares were purchased at an average price of GBX 176 per share, for a total transaction of £198.88.

Sabre Insurance Group Trading Down 2.2%

LON SBRE opened at GBX 172.83 on Friday. Sabre Insurance Group plc has a 12 month low of GBX 123 and a 12 month high of GBX 188.80. The stock has a market cap of £417.28 million, a price-to-earnings ratio of 11.58, a PEG ratio of 4.08 and a beta of 0.07. The company’s 50 day moving average is GBX 175.95 and its two-hundred day moving average is GBX 164.29.

Sabre Insurance Group (LON:SBRE) last posted its quarterly earnings results on Tuesday, August 4th. The company reported GBX 7.33 earnings per share for the quarter. Sabre Insurance Group had a net margin of 16.49% and a return on equity of 14.67%. Sell-side analysts forecast that Sabre Insurance Group plc will post 19.083558 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have commented on SBRE shares. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 200 price objective on shares of Sabre Insurance Group in a research report on Wednesday, August 5th. Peel Hunt reiterated an “add” rating and set a GBX 200 price objective on shares of Sabre Insurance Group in a report on Tuesday, August 4th. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 180 price objective on shares of Sabre Insurance Group in a research report on Wednesday, August 5th. Finally, Jefferies Financial Group restated a “hold” rating and issued a GBX 152 target price on shares of Sabre Insurance Group in a research note on Tuesday, August 4th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 183.

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. 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.