Sabre Corp (NASDAQ:SABR) insider Judson Wade Jones sold 3,822 shares of the company’s stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $17.92, for a total value of $68,490.24. Following the completion of the transaction, the insider now owns 31,726 shares in the company, valued at approximately $568,529.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Sabre Corp (SABR) traded up 0.11% during midday trading on Friday, hitting $17.89. The company’s stock had a trading volume of 2,418,233 shares. The firm has a market cap of $4.99 billion, a P/E ratio of 37.74 and a beta of 0.71. The company’s 50 day moving average price is $21.31 and its 200 day moving average price is $22.30. Sabre Corp has a 12 month low of $17.81 and a 12 month high of $29.45.

Sabre Corp (NASDAQ:SABR) last issued its quarterly earnings results on Tuesday, August 1st. The information technology services provider reported $0.35 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.03. The business had revenue of $900.66 million for the quarter, compared to analysts’ expectations of $895.05 million. Sabre Corp had a negative net margin of 0.46% and a negative return on equity of 3.22%. The company’s revenue was up 6.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.37 EPS. Analysts expect that Sabre Corp will post $1.36 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Thursday, September 21st will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 3.13%. The ex-dividend date of this dividend is Wednesday, September 20th. Sabre Corp’s dividend payout ratio is presently 116.67%.

WARNING: This story was originally reported by Daily Political and is owned by of Daily Political. If you are viewing this story on another website, it was stolen and republished in violation of United States & international copyright and trademark law. The legal version of this story can be read at https://www.dailypolitical.com/2017/08/11/insider-selling-sabre-corp-nasdaqsabr-insider-sells-3822-shares-of-stock.html.

Several equities analysts recently commented on SABR shares. Zacks Investment Research upgraded Sabre Corp from a “strong sell” rating to a “hold” rating in a research note on Thursday, April 13th. TheStreet upgraded Sabre Corp from a “c” rating to a “b-” rating in a research note on Monday, April 17th. Deutsche Bank AG upped their price objective on Sabre Corp from $24.00 to $25.00 and gave the company a “buy” rating in a research note on Wednesday, May 3rd. BidaskClub downgraded Sabre Corp from a “sell” rating to a “strong sell” rating in a research note on Saturday, July 8th. Finally, Mizuho reiterated a “buy” rating and issued a $25.00 price objective (down previously from $27.00) on shares of Sabre Corp in a research note on Wednesday, August 2nd. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $25.13.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Creative Planning boosted its position in shares of Sabre Corp by 4.7% in the second quarter. Creative Planning now owns 4,578 shares of the information technology services provider’s stock valued at $100,000 after buying an additional 205 shares in the last quarter. Mn Services Vermogensbeheer B.V. boosted its position in shares of Sabre Corp by 4.5% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 5,412 shares of the information technology services provider’s stock valued at $107,000 after buying an additional 232 shares in the last quarter. Advisor Group Inc. boosted its position in shares of Sabre Corp by 55.6% in the second quarter. Advisor Group Inc. now owns 5,681 shares of the information technology services provider’s stock valued at $121,000 after buying an additional 2,029 shares in the last quarter. Daiwa Securities Group Inc. boosted its position in shares of Sabre Corp by 21.6% in the second quarter. Daiwa Securities Group Inc. now owns 6,200 shares of the information technology services provider’s stock valued at $135,000 after buying an additional 1,100 shares in the last quarter. Finally, Neuberger Berman Group LLC acquired a new position in shares of Sabre Corp during the second quarter valued at $203,000.

Sabre Corp Company Profile

Sabre Corporation is a technology solutions provider to the global travel and tourism industry. The Company provides software and services to a range of travel suppliers and travel buyers. The Company operates through two business segments: Travel Network, and Airline and Hospitality Solutions. Travel Network is its global business-to-business travel marketplace and consists primarily of its global distribution system (GDS) and a set of solutions that integrate with its GDS to serve travel suppliers and travel buyers.

Insider Buying and Selling by Quarter for Sabre Corp (NASDAQ:SABR)

Receive News & Ratings for Sabre Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sabre Corp and related companies with MarketBeat.com's FREE daily email newsletter.