Sabre Corp (SABR) Files Form 4 Insider Selling : Thomas Klein Sells 114,856 Shares

Sabre Corp (SABR): Thomas Klein , CEO, President of Sabre Corp sold 114,856 shares on Apr 12, 2016. The Insider selling transaction was reported by the company on Apr 14, 2016 to the Securities and Exchange Commission. The shares were sold at $28.29 per share for a total value of $3,249,333.75 according the SEC Form 4 Filing.

Company has been under the radar of several Street Analysts.Sabre Corp is Initiated by Sterne Agee CRT to Buy and the brokerage firm has set the Price Target at $33. The Rating was issued on Apr 13, 2016.Sabre Corp is Initiated by Pacific Crest to Overweight and the brokerage firm has set the Price Target at $35. The Rating was issued on Mar 31, 2016.Sabre Corp is Reiterated by Mizuho to Buy and the brokerage firm has raised the Price Target to $ 32 from a previous price target of $30 .The Rating was issued on Feb 29, 2016.Sabre Corp is Reiterated by Oppenheimer to Outperform while Lowering the Price Target of the company shares to $ 32 from a previous price target of $34 . The Rating was issued on Feb 10, 2016.

Currently the company Insiders own 2.3% of Sabre Corp shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -1.95%.During last six month period, the net percent change held by insiders has seen a change of -3.82%.

Shares of Sabre Corp (SABR) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -0.43 points or -1.49% at $28.47 with 25,65,595 shares getting traded. Post opening the session at $29.02, the shares hit an intraday low of $28.445 and an intraday high of $29.05 and the price vacillated in this range throughout the day. The company has a market cap of $7,836 M and the number of outstanding shares has been calculated to be 27,52,23,140 shares. The 52-week high of Sabre Corp is $30.455 and the 52-week low is $22.0301.

Sabre Corp Money Flow Index Chart

Sabre Corporation (Sabre) is a technology solutions provider to the global travel and tourism industry. The Company operates in two segments: Travel Network which is a global business-to-business travel marketplace for travel suppliers and travel buyers and Airline and Hospitality Solutions which provides a suite of software solutions primarily for airlines and hotel properties. The Company connects travel suppliers including airlines hotels car rental brands rail carriers cruise lines and tour operators with travel buyers in a travel marketplace. It also offers travel suppliers a suite of software solutions ranging from airline and hotel reservations systems to marketing and operations solutions such as planning airline crew schedules re-accommodating passengers during irregular flight operations and managing day-to-day hotel operations.

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