Trevor Webb Is The Claims Director of Sabre Insurance Group plc (LON:SBRE) And They Just Picked Up 4.2% More Shares

Investors who take an interest in Sabre Insurance Group plc (LON:SBRE) should definitely note that the Claims Director, Trevor Webb, recently paid UK£1.93 per share to buy UK£97k worth of the stock. Although the purchase only increased their holding by 4.2%, it is still a solid purchase in our view.

Check out our latest analysis for Sabre Insurance Group

Sabre Insurance Group Insider Transactions Over The Last Year

Notably, that recent purchase by Trevor Webb is the biggest insider purchase of Sabre Insurance Group shares that we've seen in the last year. That implies that an insider found the current price of UK£1.98 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. In this case we're pleased to report that the insider purchases were made at close to current prices.

In the last twelve months Sabre Insurance Group insiders were buying shares, but not selling. Their average price was about UK£2.16. These transactions suggest that insiders have considered the current price attractive. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Insider Ownership

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Sabre Insurance Group insiders own about UK£9.6m worth of shares. That equates to 1.9% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Sabre Insurance Group Insider Transactions Indicate?

It is good to see recent purchasing. And an analysis of the transactions over the last year also gives us confidence. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Sabre Insurance Group insiders are expecting a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Sabre Insurance Group. At Simply Wall St, we found 2 warning signs for Sabre Insurance Group that deserve your attention before buying any shares.

But note: Sabre Insurance Group may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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, but not derivative transactions.

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.

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