Sabre Insurance Director Increases Stake with Share Purchase

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Sabre Insurance Director Increases Stake with Share Purchase

Sabre Insurance Group plc ( (GB:SBRE) ) has shared an update.

Sabre Insurance Group plc announced that Ian Chapple, a Non-executive Director, and Mrs. Chapple purchased 15,611 ordinary shares of the company at an average price of 127.39 pence per share. This transaction represents 0.006 percent of the company’s issued share capital, indicating a modest increase in insider ownership, which may reflect confidence in the company’s future performance.

More about Sabre Insurance Group plc

Sabre Insurance Group plc is a leading private motor insurance underwriter in the UK, focusing on providing insurance services for private vehicles.

YTD Price Performance: -7.97%

Average Trading Volume: 489,456

Technical Sentiment Signal: Buy

Current Market Cap: £317.5M

For a thorough assessment of SBRE stock, go to TipRanks’ Stock Analysis page.

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