Shares of Sabre Corporation (SABR) Sees Large Outflow of Money

Sabre Corporation (SABR) : The total negative money flow of $26.92 million on Monday indicates selling on strength. The inflow of money on upticks was $7.76 million, compared to $34.68 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.22. The negative money flow of $26.67 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $0.36 million in a block trade.The transaction value of block trade on downtick was $27.04 million. The uptick to downtick ratio was 0.01. The price action in the Sabre Corporation (SABR) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $27.3 with a gain of $0.46 , a change of 1.71% over the previous days close. The stock registered 1.3% for the week.


Shares of Sabre Corporation appreciated by 2.63% during the last five trading days but lost 5.69% on a 4-week basis. Sabre Corporation has dropped 3.78% during the last 3-month period . Year-to-Date the stock performance stands at -1.35%.

Sabre Corporation (NASDAQ:SABR): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.28 and $26.51 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.46. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.33, notching a gain of 0.11% for the day. The total traded volume was 3,036,178 . The stock had closed at $27.30 on the previous day.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Executive Vice President) of Sabre Corp, Jones Hugh W had sold 106,036 shares worth of $2,829,040 in a transaction dated August 3, 2016. In this transaction, 106,036 shares were sold at $26.68 per share.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.