Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Sabre Corp shares valued at $59,225 were purchased by Mendis Roshan on Aug 06 ’24. At $3.08 per share, Mendis Roshan acquired 19,230 shares. The insider’s holdings grew to 776,966 shares worth approximately $3.19 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Peterson Karl Mr. sold 10,000 shares, netting a total of over 27,896 in proceeds. Following the sale of shares at $2.79 each, the insider now holds 134,655 shares.
Before that, Williams Shawn G had added 9,278 shares to its account. In a trade valued at $24,466, the EVP and Chief People Officer bought Sabre Corp shares for $2.64 each. Upon closing the transaction, the insider’s holdings increased to 9,278 shares, worth approximately $2.27 million.
As published in their initiating research note from Cantor Fitzgerald on February 21, 2024, Sabre Corp [SABR] has been an Overweight and the price target has been revised to $5. Analysts at BofA Securities upgraded the stock from ‘”an Underperform”‘ to ‘”a Neutral”‘ outlook in a report released in early January. As of May 15, 2023, Bernstein has increased its “an Underperform” rating to a “Mkt perform” for SABR. Earlier on March 08, 2023, Bernstein initiated its rating. Their recommendation was “an Underperform” for SABR stock.
Analyzing SABR Stock Performance
During the last five days, there has been a surge of approximately 9.33%. Over the course of the year, Sabre Corp shares have dropped approximately -6.82%. Shares of the company reached a 52-week high of $4.63 on 01/08/24 and a 52-week low of $1.81 on 03/14/24. A 50-day SMA is recorded $3.34, while a 200-day SMA reached $3.08. Nevertheless, trading volume fell to 7.51 million shares from 3.0 million shares the previous day.
Support And Resistance Levels for Sabre Corp (SABR)
According to the 24-hour chart, there is a support level at 3.96, which, if violated, would cause prices to drop to 3.82. In the upper region, resistance lies at 4.27. The next price resistance is at 4.44. RSI (Relative Strength Index) is 73.52 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.35, which suggests the price will decrease in the coming days. Percent R is at 19.23%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
