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Sabre Corp (SABR) Becoming More Attractive for Investors

In a filing, Sabre Corp revealed its Director MANDEL GAIL acquired Company’s shares for reported $36287.0 on Nov 11 ’24. In the deal valued at $3.63 per share,10,000 shares were bought. As a result of this transaction, MANDEL GAIL now holds 152,778 shares worth roughly $0.57 million.

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Then, Mendis Roshan bought 19,230 shares, generating $59,225 in total proceeds. Upon buying the shares at $3.08, the Executive Vice President now owns 776,966 shares.

Before that, Peterson Karl Mr. sold 10,000 shares. Sabre Corp shares valued at $27,896 were divested by the Director at a price of $2.79 per share. As a result of the transaction, Peterson Karl Mr. now holds 134,655 shares, worth roughly $0.5 million.

Bernstein downgraded its Sabre Corp [SABR] rating to an Underperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in late February with a ‘”an Overweight”‘ rating. BofA Securities also remained covering SABR and has increased its forecast on January 08, 2024 with a “Neutral” recommendation from previously “an Underperform” rating. Bernstein revised its rating on May 15, 2023. It rated SABR as “a Mkt perform” which previously was an “an Underperform”.

Price Performance Review of SABR

On Friday, Sabre Corp [NASDAQ:SABR] saw its stock jump 1.63% to $3.73. Over the last five days, the stock has lost -1.06%. Sabre Corp shares have fallen nearly -15.23% since the year began. Nevertheless, the stocks have fallen -0.80% over the past one year. While a 52-week high of $4.68 was reached on 01/08/24, a 52-week low of $1.81 was recorded on 03/14/24. SMA at 50 days reached $3.54, while 200 days put it at $3.02.

Levels Of Support And Resistance For SABR Stock

The 24-hour chart illustrates a support level at 3.66, which if violated will result in even more drops to 3.59. On the upside, there is a resistance level at 3.80. A further resistance level may holdings at 3.87. The Relative Strength Index (RSI) on the 14-day chart is 55.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 23.49%. Stochastics %K at 70.74% indicates the stock is a holding.

How much short interest is there in Sabre Corp?

A steep rise in short interest was recorded in Sabre Corp stocks on 2024-10-31, growing by 1.67 million shares to a total of 26.29 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 24.62 million shares. There was a rise of 6.37%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on March 08, 2023 when Bernstein began covering the stock and recommended ‘”an Underperform”‘ rating along with a $4 price target.

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