Sabre Insurance Group plc (LON:SBRE) Insider Acquires £9,923.76 in Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter purchased 7,518 shares of the stock in a transaction dated Tuesday, October 22nd. The shares were purchased at an average cost of GBX 132 ($1.71) per share, for a total transaction of £9,923.76 ($12,884.65).

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

• On Thursday, October 10th, Geoffrey Richard Carter bought 142 shares of Sabre Insurance Group stock. The shares were purchased at an average cost of GBX 141 ($1.83) per share, for a total transaction of £200.22 ($259.96).
• On Tuesday, September 10th, Geoffrey Richard Carter purchased 132 shares of Sabre Insurance Group stock. The stock was purchased at an average cost of GBX 150 ($1.95) per share, with a total value of £198 ($257.08).
• On Tuesday, August 13th, Geoffrey Richard Carter purchased 96 shares of Sabre Insurance Group stock. The shares were purchased at an average price of GBX 156 ($2.03) per share, with a total value of £149.76 ($194.44).

Sabre Insurance Group Stock Up 1.0 %

Shares of LON:SBRE opened at GBX 136 ($1.77) on Friday. The business has a 50-day moving average price of GBX 146.13 and a 200 day moving average price of GBX 155.49. Sabre Insurance Group plc has a 12-month low of GBX 124.40 ($1.62) and a 12-month high of GBX 183.60 ($2.38). The company has a current ratio of 0.52, a quick ratio of 0.21 and a debt-to-equity ratio of 0.03. The company has a market capitalization of £337.84 million, a price-to-earnings ratio of 1,133.33, a PEG ratio of 4.08 and a beta of 0.22.

Sabre Insurance Group Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, September 25th. Stockholders of record on Thursday, August 22nd were paid a GBX 1.70 ($0.02) dividend. This represents a dividend yield of 1.06%. The ex-dividend date was Thursday, August 22nd. Sabre Insurance Group’s dividend payout ratio (DPR) is 5,000.00%.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 220 ($2.86) price objective on shares of Sabre Insurance Group in a research report on Thursday, August 1st.

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. 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.