Insider Spends US$534k Buying More Shares In Sabre

Sabre Corporation (NASDAQ:SABR) shareholders (or potential shareholders) will be happy to see that the CEO, President & Director, Kurt Ekert, recently bought a whopping US$534k worth of stock, at a price of US$5.34. That purchase boosted their holding by 377%, which makes us wonder if the move was inspired by quietly confident deeply-felt optimism.

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The Last 12 Months Of Insider Transactions At Sabre

Notably, that recent purchase by Kurt Ekert is the biggest insider purchase of Sabre shares that we’ve seen in the last year. That implies that an insider found the current price of US$5.64 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today’s share price, as the discount to value may have narrowed with the rising price. Happily, the Sabre insiders decided to…