Investors who take an interest in Sabre Corporation (NASDAQ:SABR) should definitely note that the CFO & Executive VP, Michael Randolfi, recently paid US$2.98 per share to buy US$149k worth of the stock. That’s a very solid buy in our book, and increased their holding by a noteworthy 28%.
Check out our latest analysis for Sabre
The CEO, President & Director Kurt Ekert made the biggest insider purchase in the last 12 months. That single transaction was for US$534k worth of shares at a price of US$5.34 each. So it’s clear an insider wanted to buy, even at a higher price than the current share price (being US$2.64). While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company’s future. To us, it’s very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests…
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