Yahoo Finance Insider Buying: CEO Kurt Ekert Acquires 65,000 Shares of Sabre Corp (SABR)
On May 8, 2024, Kurt Ekert, the CEO and President of Sabre Corp (NASDAQ:SABR), purchased 65,000 shares of the company, as reported in a recent SEC Filing. This transaction is part of a pattern over the past year where the insider has acquired a total of 165,000 shares.
Sabre Corp operates as a technology provider to the global travel industry. The company offers a broad range of software and solutions to travel suppliers and agencies, facilitating the marketing, distribution, and provision of travel products and services.
The recent purchase by the insider occurred with the stock priced at $2.57, valuing the transaction at approximately $167,050. This acquisition has contributed to the total of 6 insider buys over the past year, compared to 10 insider sells during the same period.
With a market cap of approximately $1.07 billion, Sabre Corp's shares are currently trading below the GF Value of $8.99, indicating a price-to-GF-Value ratio of 0.29. This suggests that the stock might be a Possible Value Trap, Think Twice, according to GuruFocus valuation metrics.
The GF Value is calculated considering historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
The insider's recent buying activity could be a signal to investors, especially considering the current valuation metrics and the stock's performance relative to its GF Value.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
