Sabre Corp (NASDAQ:SABR) shares traded 0.54% higher at $3.71 on Wall Street last session.
SABR stock price is now 7.58% away from the 50-day moving average and 22.35% away from the 200-day moving average. The market capitalization of the company currently stands at $1.43B.
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With the price target of $5, Cantor Fitzgerald recently initiated with Overweight rating for Sabre Corp (NASDAQ: SABR). On January 08, 2024, BofA Securities Upgraded its previous ‘Underperform’ rating to ‘Neutral’ on the stock increasing its target price from $3.50 to quote $5, while ‘Bernstein’ rates the stock as ‘Mkt Perform’
In other news, MANDEL GAIL, Director bought 10,000 shares of the company’s stock on Nov 11 ’24. The stock was bought for $36,287 at an average price of $3.63. Upon completion of the transaction, the Director now directly owns 152,778 shares in the company, valued at $0.57 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 06 ’24, Executive Vice President Mendis Roshan bought 19,230 shares of the business’s stock. A total of $59,225 was incurred on buying the stock at an average price of $3.08. This leaves the insider owning 776,966 shares of the company worth $2.88 million. A total of 6.83% of the company’s stock is owned by insiders.
During the past 12 months, Sabre Corp has had a low of $1.81 and a high of $4.68. The fifty day moving average price for SABR is $3.432 and a two-hundred day moving average price translates $3.034125 for the stock.
The latest earnings results from Sabre Corp (NASDAQ: SABR) was released for 2024-09-30. The company reported revenue of $764.71 million for the quarter, compared to $740.46 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.28 percent.
