NEW YORK, NY / ACCESSWIRE / July 25, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sabre Corporation ("Sabre") (NASDAQ:SABR) concerning possible violations of federal securities laws. On February 15, 2024, Sabre announced Q4 FY2023 financial results that missed analysts' expectations.
NEW YORK, NY / ACCESSWIRE / July 24, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sabre Corporation ("Sabre") (NASDAQ:SABR) concerning possible violations of federal securities laws. On February 15, 2024, Sabre announced Q4 FY2023 financial results that missed analysts' expectations.
NEW YORK, NY / ACCESSWIRE / July 22, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sabre Corporation ("Sabre") (NASDAQ:SABR) concerning possible violations of federal securities laws. On February 15, 2024, Sabre announced Q4 FY2023 financial results that missed analysts' expectations.
NEW YORK, NY / ACCESSWIRE / July 22, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sabre Corporation ("Sabre") (NASDAQ:SABR) concerning possible violations of federal securities laws. On February 15, 2024, Sabre announced Q4 FY2023 financial results that missed analysts' expectations.
Sabre (SABR) launches Air Canada's new distribution capability content in SABR's travel marketplace.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Sabre (SABR) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
With predictive analytics and a proven track record of increasing ancillary revenues, SynXis Retailing positions Sabre (SABR) as a leader in the hospitality technology space.
Sabre (SABR) integrates its New Distribution Capability content into Spotnana's Travel-as-a-Service platform to simplify and enrich the travel booking experience.
Sabre (SABR) releases SynXis Concierge.AI to enhance its hospitality division.
Sabre (SABR) announces that its SynXis Retailing has been adopted by Fraser Hospitality to streamline its retail merchandising business.
Panagora Asset Management Inc. lifted its position in shares of Sabre Co. (NASDAQ:SABR – Free Report) by 66.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 776,852 shares of the information technology services provider’s stock after buying an additional 311,483 shares during the quarter. Panagora Asset Management Inc. owned approximately 0.20% of Sabre worth $3,418,000 at the end of the most recent quarter. A number of other institutional investors have also bought and sold shares of the business. Robertson Stephens Wealth Management LLC bought a new position in shares of Sabre in the third quarter worth about $45,000. Sage Rhino Capital LLC bought a new position in Sabre in the 4th quarter worth approximately $45,000. International Assets Investment Management LLC boosted its stake in Sabre by 340.0% in the 4th quarter. International Assets Investment Management LLC now owns 10,846 shares of the information technology services provider’s stock worth $48,000 after purchasing an additional 8,381 shares during the period. FDx Advisors Inc. purchased a new stake in Sabre during the 3rd quarter valued at approximately $52,000. Finally, Fox Run Management L.L.C. bought a new stake in shares of Sabre during the third quarter valued at approximately $61,000. Hedge funds and other institutional investors own 89.42% of the company’s stock. Wall Street Analyst Weigh In A number of equities analysts recently weighed in on the stock. Cantor Fitzgerald started coverage on shares of Sabre in a research report on Wednesday, February 21st. They set an “overweight” rating and a $5.00 target price for the company. Bank of America lowered their price objective on shares of Sabre from $4.50 to $3.00 and set a “neutral” rating for the company in a research report on Monday, April 15th. StockNews.com downgraded Sabre from a “buy” rating to a “hold” rating in a report on Friday, April 5th. Finally, Mizuho cut their price objective on Sabre from $4.00 to $3.00 and set a “neutral” rating on the stock in a research report on Monday, March 4th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, Sabre currently has an average rating of “Hold” and a consensus target price of $4.13. Check Out Our Latest Research Report on SABR Insider Buying and Selling at Sabre In other Sabre news, CFO Michael O. Randolfi acquired 50,000 shares of the firm’s stock in a transaction dated Friday, May 3rd. The stock was purchased at an average price of $2.98 per share, for a total transaction of $149,000.00. Following the acquisition, the chief financial officer now owns 587,665 shares in the company, valued at approximately $1,751,241.70. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, CEO Kurt Joseph Ekert purchased 65,000 shares of the company’s stock in a transaction on Wednesday, May 8th. The shares were acquired at an average price of $2.57 per share, for a total transaction of $167,050.00. Following the purchase, the chief executive officer now owns 1,155,909 shares in the company, valued at $2,970,686.13. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Michael O. Randolfi bought 50,000 shares of the company’s stock in a transaction that occurred on Friday, May 3rd. The stock was purchased at an average price of $2.98 per share, for a total transaction of $149,000.00. Following the transaction, the chief financial officer now owns 587,665 shares of the company’s stock, valued at $1,751,241.70. The disclosure for this purchase can be found here. Insiders bought a total of 135,000 shares of company stock worth $368,650 over the last three months. Corporate insiders own 1.84% of the company’s stock. Sabre Trading Down 1.3 % SABR opened at $3.05 on Monday. Sabre Co. has a 12-month low of $1.81 and a 12-month high of $5.76. The business’s fifty day simple moving average is $2.57 and its 200-day simple moving average is $3.38. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of -2.10 and a beta of 1.69. Sabre (NASDAQ:SABR – Get Free Report) last announced its earnings results on Thursday, February 15th. The information technology services provider reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by ($0.01). The business had revenue of $687.05 million during the quarter, compared to analyst estimates of $707.89 million. On average, equities research analysts predict that Sabre Co. will post -0.28 EPS for the current year. Sabre Profile (Free Report) Sabre Corporation, together with its subsidiaries, operates as software and technology company for travel industry in the United States, Europe, Asia-Pacific, and internationally. It operates through two segments: Travel Solutions and Hospitality Solutions. The Travel Solutions segment operates a business-to-business travel marketplace that offers travel content, such as inventory, prices, and availability from a range of travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines, and tour operators with a network of travel buyers comprising online and offline travel agencies, travel management companies, and corporate travel departments.