Sabre Insurance Group (LON:SBRE) Insider Geoffrey Richard Carter Sells 30,621 Shares of Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter sold 30,621 shares of the business’s stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of GBX 160, for a total transaction of £48,993.60.

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

• On Friday, April 10th, Geoffrey Richard Carter acquired 124 shares of Sabre Insurance Group stock. The stock was acquired 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 transaction 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 cost of GBX 138 per share, for a total transaction of £149.04.
• On Tuesday, February 10th, Geoffrey Richard Carter bought 116 shares of Sabre Insurance Group stock. The stock was purchased at an average cost of GBX 130 per share, for a total transaction of £150.80.

Sabre Insurance Group Stock Up 1.0%

Shares of LON SBRE opened at GBX 161.95 on Wednesday. Sabre Insurance Group plc has a 52 week low of GBX 122 and a 52 week high of GBX 166.60. The firm’s fifty day moving average is GBX 145.21 and its 200 day moving average is GBX 135.63. The company has a market cap of £395.66 million, a price-to-earnings ratio of 10.61, a PEG ratio of 4.08 and a beta of 0.07.

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

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 185 target price on shares of Sabre Insurance Group in a research note on Tuesday, March 10th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus 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.