Insider Buying: Sabre Insurance Group (LON:SBRE) Insider Purchases £149.04 in Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter purchased 108 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The stock was purchased at an average cost of GBX 138 per share, for a total transaction of £149.04.

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

• On Tuesday, February 10th, Geoffrey Richard Carter acquired 116 shares of Sabre Insurance Group stock. The shares were acquired at an average cost of GBX 130 per share, with a total value of £150.80.
• On Monday, January 12th, Geoffrey Richard Carter bought 112 shares of Sabre Insurance Group stock. The shares were acquired at an average price of GBX 134 per share, with a total value of £150.08.

Sabre Insurance Group Price Performance

Shares of LON SBRE opened at GBX 150.80 on Friday. The stock’s 50-day simple moving average is GBX 132.84 and its two-hundred day simple moving average is GBX 132.89. Sabre Insurance Group plc has a twelve month low of GBX 118.60 and a twelve month high of GBX 160.20. The firm has a market capitalization of £368.91 million, a P/E ratio of 9.50, a P/E/G ratio of 4.08 and a beta of 0.07.

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

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 185 target price on shares of Sabre Insurance Group in a research report on Tuesday. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target 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.