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

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter bought 7,518 shares of the company’s stock in a transaction dated Tuesday, October 22nd. The stock was bought at an average price 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 purchased 142 shares of Sabre Insurance Group stock. The stock was bought 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 acquired 132 shares of Sabre Insurance Group stock. The shares were purchased at an average price of GBX 150 ($1.95) per share, with a total value of £198 ($257.08).
• On Tuesday, August 13th, Geoffrey Richard Carter bought 96 shares of Sabre Insurance Group stock. The stock was purchased at an average price of GBX 156 ($2.03) per share, for a total transaction of £149.76 ($194.44).

Sabre Insurance Group Stock Performance

LON:SBRE opened at GBX 136 ($1.77) on Friday. Sabre Insurance Group plc has a twelve month low of GBX 124.40 ($1.62) and a twelve month high of GBX 183.60 ($2.38). The company has a market cap of £337.84 million, a P/E ratio of 1,133.33, a P/E/G 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. The company’s 50-day moving average price is GBX 146.13 and its 200-day moving average price is GBX 155.49.

Sabre Insurance Group Cuts Dividend

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

Analysts Set New Price Targets

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

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.