Sabre Insurance Group plc (LON:SBRE) Insider Sells £41,316.93 in Stock

Sabre Insurance Group plc (LON:SBRE - Get Free Report) insider Adam Richard Westwood sold 33,591 shares of the firm's stock in a transaction that occurred on Monday, April 7th. The stock was sold at an average price of GBX 123 ($1.61), for a total transaction of £41,316.93 ($54,079.75).

Adam Richard Westwood also recently made the following trade(s):

• On Thursday, April 10th, Adam Richard Westwood acquired 7,959 shares of Sabre Insurance Group stock. The stock was acquired at an average price of GBX 125 ($1.64) per share, with a total value of £9,948.75 ($13,021.92).

Sabre Insurance Group Price Performance

SBRE traded up GBX 4.20 ($0.05) on Friday, hitting GBX 129.20 ($1.69). 1,251,777 shares of the stock were exchanged, compared to its average volume of 653,114. Sabre Insurance Group plc has a 12 month low of GBX 118.60 ($1.55) and a 12 month high of GBX 176.40 ($2.31). The firm has a market capitalization of £321.92 million, a price-to-earnings ratio of 10.90, a PEG ratio of 4.08 and a beta of 0.22. The business has a 50-day moving average of GBX 127.75 and a two-hundred day moving average of GBX 133.23.

Sabre Insurance Group (LON:SBRE - Get Free Report) last posted its quarterly earnings results on Tuesday, March 18th. The company reported GBX 14.48 ($0.19) earnings per share (EPS) for the quarter. Sabre Insurance Group had a net margin of 12.82% and a return on equity of 12.19%. Equities research analysts expect that Sabre Insurance Group plc will post 19.083558 earnings per share for the current fiscal year.

Sabre Insurance Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, June 4th. Investors of record on Thursday, April 17th will be paid a GBX 11.30 ($0.15) dividend. The ex-dividend date of this dividend is Thursday, April 17th. This is a positive change from Sabre Insurance Group's previous dividend of $1.70. This represents a yield of 8.59%. Sabre Insurance Group's dividend payout ratio (DPR) is 50.62%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank lowered their target price on shares of Sabre Insurance Group from GBX 213 ($2.79) to GBX 210 ($2.75) and set a "buy" rating on the stock in a report on Monday, March 10th.

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.