Today, the VP & Corp. Contr of Sabre (SABR), Jami Cordell, sold shares of SABR for $227.1K.
Following Jami Cordell’s last SABR Sell transaction on February 18, 2016, the stock climbed by 0.8%.
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Based on Sabre’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $970 million and quarterly net profit of $73.01 million. In comparison, last year the company earned revenue of $901 million and had a net profit of $90.99 million. SABR’s market cap is $7.22B and the company has a P/E ratio of 21.61. Currently, Sabre has an average volume of 3.9M.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $30.00, reflecting a 19.1% upside.
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Sabre Corp. is a technology solutions provider to the global travel and tourism industry. It offers technology solutions including, data-driven business intelligence, mobile, distribution and software-as-a-service solutions. The company operates through the following segments: Travel Network and Airline & Hospitality Solutions.
