Sabre Insurance Group (LON:SBRE) Insider Geoffrey Richard Carter Acquires 132 Shares

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter purchased 132 shares of the stock in a transaction on Monday, May 11th. The shares were purchased at an average cost of GBX 151 per share, with a total value of £199.32.

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

• On Monday, April 13th, Geoffrey Richard Carter sold 30,621 shares of Sabre Insurance Group stock. The shares were sold at an average price of GBX 160, for a total value of £48,993.60.
• On Friday, April 10th, Geoffrey Richard Carter acquired 124 shares of Sabre Insurance Group stock. The stock was purchased at an average price of GBX 162 per share, with a total value of £200.88.
• On Tuesday, April 7th, Geoffrey Richard Carter sold 148,146 shares of Sabre Insurance Group stock. The stock was sold at an average price of GBX 160, for a total value of £237,033.60.
• On Tuesday, March 10th, Geoffrey Richard Carter bought 108 shares of Sabre Insurance Group stock. The stock was purchased at an average price of GBX 138 per share, for a total transaction of £149.04.

Sabre Insurance Group Price Performance

LON:SBRE traded down GBX 1.60 during midday trading on Tuesday, hitting GBX 148.40. The company’s stock had a trading volume of 3,508,437 shares, compared to its average volume of 1,261,482. Sabre Insurance Group plc has a fifty-two week low of GBX 123 and a fifty-two week high of GBX 170.20. The firm has a market cap of £362.55 million, a P/E ratio of 9.72, a P/E/G ratio of 4.08 and a beta of 0.07. The firm’s 50 day moving average is GBX 152.87 and its 200-day moving average is GBX 138.03.

Sabre Insurance Group (LON:SBRE) last issued its earnings results on Tuesday, March 10th. The company reported GBX 15.37 earnings per share (EPS) for the quarter. Sabre Insurance Group had a net margin of 17.48% and a return on equity of 11.29%. As a group, analysts forecast that Sabre Insurance Group plc will post 19.083558 EPS for the current year.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 185 target price on shares of Sabre Insurance Group in a report on Tuesday, March 10th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Sabre Insurance Group presently has an average rating of “Moderate Buy” and an average target price of GBX 156.25.

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.