Insider Selling: The Sage Group (LON:SGE) Insider Sells 127,828 Shares of Stock

The Sage Group plc (LON:SGE - Get Free Report) insider Steve Hare sold 127,828 shares of The Sage Group stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of GBX 1,065, for a total value of £1,361,368.20.Get The Sage Group alerts:The Sage Group Stock PerformanceShares of SGE stock opened at GBX 1,064.50 on Friday. The Sage Group plc has a 12 month low of GBX 1,034.50 and a 12 month high of GBX 1,349. The company's fifty day simple moving average is GBX 1,114.36 and its 200-day simple moving average is GBX 1,160.16. The firm has a market cap of £10.17 billion, a PE ratio of 30.96, a P/E/G ratio of 1.22 and a beta of 0.53. The company has a quick ratio of 0.58, a current ratio of 0.76 and a debt-to-equity ratio of 114.00. The Sage Group (LON:SGE - Get Free Report) last issued its quarterly earnings results on Wednesday, November 19th. The company reported GBX 43.20 earnings per share (EPS) for the quarter. The Sage Group had a net margin of 11.87% and a return on equity of 24.48%. Equities research analysts expect that The Sage Group plc will post 42.1496095 EPS for the current fiscal year. The Sage Group announced that its board has initiated a share repurchase plan on Wednesday, November 19th that authorizes the company to repurchase 0 outstanding shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its shares are undervalued. Analysts Set New Price TargetsSeveral equities analysts have commented on the stock. JPMorgan Chase & Co. decreased their price objective on shares of The Sage Group from GBX 1,500 to GBX 1,300 and set an "overweight" rating on the stock in a report on Thursday. Canaccord Genuity Group restated a "hold" rating and set a GBX 1,100 price objective on shares of The Sage Group in a research report on Thursday, November 20th. Jefferies Financial Group boosted their price objective on The Sage Group from GBX 1,320 to GBX 1,350 and gave the stock a "buy" rating in a report on Thursday, November 20th. Shore Capital reaffirmed a "hold" rating on shares of The Sage Group in a research report on Thursday, November 20th. Finally, Panmure Gordon reiterated a "hold" rating and set a GBX 1,300 target price on shares of The Sage Group in a research note on Thursday, November 20th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, The Sage Group presently has a consensus rating of "Hold" and a consensus price target of GBX 1,260.Read Our Latest Stock Report on The Sage GroupThe Sage Group Company Profile (Get Free Report)The Sage Group plc, together with its subsidiaries, provides technology solutions and services for small and medium businesses in the United States, the United Kingdom, France, and internationally. It offers cloud native solutions, such as Sage Intacct, a cloud accounting software product and financial management software; Sage People, a HR and people management solution; Sage 200, a finance and business management solution; Sage X3, a business management solution; Sage Accounting, a solution for small businesses, accountants, and bookkeepers to manage customer data, accounts, and people; Sage Payroll for small businesses manage their payroll; and Sage HR for small and mid-sized businesses for record management, leave management, staff scheduling, and expenses services.See AlsoFive stocks we like better than The Sage GroupWhat is diluted earnings per share (Diluted EPS)?The Trade Desk: After a 70% Plunge, This Could Be The Time to BuyConference Calls and Individual InvestorsTap Into 2026 AI Infrastructure Gains With This High-Growth ETFBusiness Services Stocks InvestingStrong Quarter, Weak Reaction: Why GitLab Shares DroppedThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in The Sage Group Right Now?Before you consider The Sage Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Sage Group wasn't on the list.While The Sage Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here