Have Insiders Sold Sabre Insurance Group Shares Recently?

We'd be surprised if Sabre Insurance Group plc (LON:SBRE) shareholders haven't noticed that the CEO & Executive Director, Geoffrey Carter, recently sold UK£100k worth of stock at UK£1.67 per share. However, the silver lining is that the sale only reduced their total holding by 3.4%, so we're hesitant to read anything much into it, on its own.

View our latest analysis for Sabre Insurance Group

The Last 12 Months Of Insider Transactions At Sabre Insurance Group

In fact, the recent sale by Geoffrey Carter was the biggest sale of Sabre Insurance Group shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was below the current price of UK£1.72, an insider wanted to cash in some shares. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. We note that the biggest single sale was only 3.4%of Geoffrey Carter's holding.

In total, Sabre Insurance Group insiders sold more than they bought over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Insider Ownership Of Sabre Insurance Group

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data indicates that Sabre Insurance Group insiders own about UK£7.4m worth of shares (which is 1.7% of the company). Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

What Might The Insider Transactions At Sabre Insurance Group Tell Us?

Unfortunately, there has been more insider selling of Sabre Insurance Group stock, than buying, in the last three months. Zooming out, the longer term picture doesn't give us much comfort. But since Sabre Insurance Group is profitable and growing, we're not too worried by this. When you consider that most companies have higher levels of insider ownership, we're a little wary. So we'd only buy after very careful consideration. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For example - Sabre Insurance Group has 2 warning signs we think you should be aware of.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.