Insider Buying: Sabre Insurance Group plc (LON:SBRE) Insider Buys £200.22 in Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter acquired 142 shares of the firm’s stock in a transaction dated Thursday, October 10th. The stock was bought at an average price of GBX 141 ($1.85) per share, with a total value of £200.22 ($262.03).

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

• On Tuesday, September 10th, Geoffrey Richard Carter bought 132 shares of Sabre Insurance Group stock. The stock was acquired at an average price of GBX 150 ($1.96) per share, with a total value of £198 ($259.13).
• On Tuesday, August 13th, Geoffrey Richard Carter bought 96 shares of Sabre Insurance Group stock. The shares were purchased at an average cost of GBX 156 ($2.04) per share, with a total value of £149.76 ($196.00).

Sabre Insurance Group Stock Down 0.7 %

Shares of LON SBRE opened at GBX 141 ($1.85) on Monday. The firm has a market capitalization of £350.26 million, a PE ratio of 1,175.00, a price-to-earnings-growth ratio of 4.08 and a beta of 0.22. The company has a current ratio of 0.52, a quick ratio of 0.21 and a debt-to-equity ratio of 0.03. Sabre Insurance Group plc has a 1 year low of GBX 138 ($1.81) and a 1 year high of GBX 183.60 ($2.40). The firm’s 50-day moving average is GBX 149.62 and its 200-day moving average is GBX 157.82.

Sabre Insurance Group Cuts Dividend

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

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada reaffirmed an “outperform” rating and issued a GBX 220 ($2.88) target price on shares of Sabre Insurance Group in a research note 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.