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Will Sabre Corp (SABR) benefit from Wall Street bulls Calls?

Sabre Corp (NASDAQ: SABR) is -8.18% lower on its value in year-to-date trading and has touched a low of $1.81 and a high of $4.68 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SABR stock was last observed hovering at around $4.01 in the last trading session, with the day’s gains setting it 0.03%.

Currently trading at $4.04, the stock is 13.02% and 21.76% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.0 million and changing 0.75% at the moment leaves the stock 31.15% off its SMA200. SABR registered 18.82% gain for a year compared to 6-month gain of 40.77%. The firm has a 50-day simple moving average (SMA 50) of $3.318 and a 200-day simple moving average (SMA200) of $3.080525.

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The stock witnessed a 10.08% loss in the last 1 month and extending the period to 3 months gives it a 17.78%, and is 10.08% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.11% over the week and 4.12% over the month.

Sabre Corp (SABR) has around 6232 employees, a market worth around $1.56B and $2.98B in sales. Fwd P/E is 31.06. Profit margin for the company is -15.10%. Distance from 52-week low is 123.20% and -13.68% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.69%).

The EPS is expected to grow by 65.66% this year.

Sabre Corp (SABR) Top Institutional Holders

326.0 institutions hold shares in Sabre Corp (SABR), with institutional investors hold 97.21% of the company’s shares. The shares outstanding are 379.57M, and float is at 359.36M with Short Float at 7.10%. Institutions hold 94.63% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 57.22 million shares valued at $152.77 million. The investor’s holdings represent 15.0659% of the SABR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 41.51 million shares valued at $110.84 million to account for 10.9314 of the shares outstanding. The other top investors are EARNEST PARTNERS LLC which holds 33.35 million shares representing 8.7826% and valued at over $89.05 million, while FUNDSMITH LLP holds 5.661 of the shares totaling 21.5 million with a market value of $57.4 million.

Sabre Corp (SABR) Insider Activity

The most recent transaction is an insider purchase by Mendis Roshan, the company’s Executive Vice President. SEC filings show that Mendis Roshan bought 19,230 shares of the company’s common stock on Aug 06 ’24 at a price of $3.08 per share for a total of $59225.0. Following the purchase, the insider now owns 0.78 million shares.

Sabre Corp disclosed in a document filed with the SEC on Jun 07 ’24 that Peterson Karl Mr. (Director) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Jun 07 ’24 and was made at $2.79 per share for $27896.0. Following the transaction, the insider now directly holds 0.13 million shares of the SABR stock.

Still, SEC filings show that on May 08 ’24, Williams Shawn G (EVP and Chief People Officer) acquired 9,278 shares at an average price of $2.64 for $24466.0. The insider now directly holds 552,676 shares of Sabre Corp (SABR).

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