Sabre Corp’s filing revealed that its EVP and CFO Randolfi Michael O acquired Company’s shares for reported $0.15 million on May 03 ’24. In the deal valued at $2.98 per share,50,000 shares were bought. As a result of this transaction, Randolfi Michael O now holds 587,665 shares worth roughly $1.56 million.
Then, MANDEL GAIL sold 714 shares, generating $2,028 in total proceeds. Upon selling the shares at $2.84, the Director now owns 142,778 shares.
Before that, MENKE SEAN E sold 50,000 shares. Sabre Corp shares valued at $203,760 were divested by the Executive Chair of the Board at a price of $4.08 per share. As a result of the transaction, MENKE SEAN E now holds 1,517,340 shares, worth roughly $4.04 million.
Cantor Fitzgerald initiated its Sabre Corp [SABR] rating to an Overweight in a research note published on February 21, 2024; the price target was $5. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in early January from “an Underperform” to “a Neutral”. Bernstein also remained covering SABR and has increased its forecast on May 15, 2023 with a “Mkt perform” recommendation from previously “an Underperform” rating. Bernstein started covering the stock on March 08, 2023. It rated SABR as “an Underperform”.
Price Performance Review of SABR
On Tuesday, Sabre Corp [NASDAQ:SABR] saw its stock jump 0.38% to $2.66. Over the last five days, the stock has lost -7.32%. Sabre Corp shares have fallen nearly -39.55% since the year began. Nevertheless, the stocks have fallen -27.52% over the past one year. While a 52-week high of $5.76 was reached on 01/08/24, a 52-week low of $1.81 was recorded on 03/14/24. SMA at 50 days reached $2.48, while 200 days put it at $3.78. A total of 3.04 million shares were traded, compared to the trading of 8.23 million shares in the previous session.
Levels Of Support And Resistance For SABR Stock
The 24-hour chart illustrates a support level at 2.58, which if violated will result in even more drops to 2.50. On the upside, there is a resistance level at 2.77. A further resistance level may holdings at 2.87. The Relative Strength Index (RSI) on the 14-day chart is 48.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.01%. Stochastics %K at 26.76% indicates the stock is a holding.
