Sabre Insurance Group PLC (LON:SBRE) Insider Geoffrey Richard Carter Acquires 56 Shares of Stock


Sabre Insurance Group PLC (LON:SBRE) insider Geoffrey Richard Carter bought 56 shares of the stock in a transaction that occurred on Tuesday, September 10th. The shares were purchased at an average price of GBX 266 ($3.48) per share, for a total transaction of £148.96 ($194.64).

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

  • On Monday, August 12th, Geoffrey Richard Carter bought 57 shares of Sabre Insurance Group stock. The stock was purchased 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 purchased 52 shares of Sabre Insurance Group stock. The stock was acquired at an average price of GBX 285 ($3.72) per share, with a total value of £148.20 ($193.65).

Sabre Insurance Group stock opened at GBX 274.50 ($3.59) on Thursday. Sabre Insurance Group PLC has a 1 year low of GBX 240 ($3.14) and a 1 year high of GBX 301 ($3.93). The firm’s 50 day moving average price is GBX 266.25 and its 200-day moving average price is GBX 273.43. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.25 and a quick ratio of 1.03. The stock has a market cap of $686.25 million and a P/E ratio of 14.22.

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

A number of equities research analysts have commented on the company. Peel Hunt reissued a “buy” rating and set a GBX 300 ($3.92) price target (down from GBX 310 ($4.05)) on shares of Sabre Insurance Group in a report on Monday, July 29th. Berenberg Bank dropped their price objective on 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. Numis Securities reaffirmed a “hold” rating on shares of Sabre Insurance Group in a research note on Thursday, May 23rd. Finally, Barclays cut their target price on 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 report on Friday, May 24th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of GBX 293.25 ($3.83).

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. 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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