Sabre Corporation, through its subsidiary, Sabre Holdings Corporation, provides software and technology solutions for the travel industry worldwide. It operates in two segments, Travel Solutions and Hospitality Solutions. The Travel Solutions segment operates as 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. This segment also provides a portfolio of software technology products and solutions through software-as-a-service (SaaS) and hosted delivery models to airlines and other travel suppliers. Its products include reservation systems for carriers, commercial and operations products, agency solutions, and data-driven intelligence solutions. The Hospitality Solutions segment provides software and solutions to hoteliers through SaaS and hosted delivery models. Sabre Corporation was incorporated in 2006 and is headquartered in Southlake, Texas.
Company profile
Ticker
SABR
Exchange
Website
CEO
Mr. Kurt J. Ekert
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
KSIX Media Holdings, Inc., Mar Ked Mineral Exploration, Inc., NORTH AMERICAN ENERGY RESOURCES, INC., North American Energy Resources, Inc., Surge Holdings, Inc.
SEC CIK
Corporate docs
Subsidiaries
Airline Technology • Asiana Sabre Inc. • Conferma US Inc. • Conferma Ltd • Conferma Pty Ltd • Conferma Singapore Pte Ltd • E-Beam Limited • Excellent Management Limited • EZY Webwerksraden AB • FERMR Holdings Limited ...
SABR stock data
Latest filings (excl ownership)
8-K
Sabre Announces New Board Appointment
16 Oct 24
8-K
Departure of Directors or Certain Officers
5 Sep 24
8-K
Departure of Directors or Certain Officers
13 Aug 24
10-Q
2024 Q2
Quarterly report
1 Aug 24
8-K
Sabre reports second quarter 2024 results that exceed prior guidance; raises full-year 2024 financial outlook
1 Aug 24
S-8
Registration of securities for employees
2 May 24
S-3ASR
Automatic shelf registration
2 May 24
10-Q
2024 Q1
Quarterly report
2 May 24
8-K
Sabre reports first quarter 2024 results that exceed prior guidance; raises full-year 2024 financial outlook
2 May 24
8-K
Departure of Directors or Certain Officers
26 Apr 24
Transcripts
SABR
Earnings call transcript
2024 Q2
1 Aug 24
SABR
Earnings call transcript
2024 Q1
2 May 24
SABR
Earnings call transcript
2023 Q4
15 Feb 24
SABR
Earnings call transcript
2023 Q3
2 Nov 23
SABR
Earnings call transcript
2023 Q2
3 Aug 23
SABR
Earnings call transcript
2023 Q2
3 Aug 23
SABR
Earnings call transcript
2023 Q1
4 May 23
SABR
Earnings call transcript
2022 Q4
15 Feb 23
SABR
Earnings call transcript
2022 Q3
2 Nov 22
SABR
Earnings call transcript
2022 Q2
2 Aug 22
Latest ownership filings
Financial summary
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Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 633.65 mm | 633.65 mm | 633.65 mm | 633.65 mm | 633.65 mm | 633.65 mm |
Cash burn (monthly) | 5.51 mm | 7.79 mm | 21.57 mm | 20.41 mm | (no burn) | (no burn) |
Cash used (since last report) | 20.68 mm | 29.27 mm | 81.01 mm | 76.63 mm | n/a | n/a |
Cash remaining | 612.97 mm | 604.38 mm | 552.64 mm | 557.02 mm | n/a | n/a |
Runway (months of cash) | 111.3 | 77.5 | 25.6 | 27.3 | n/a | n/a |
Institutional ownership, Q2 2024
90.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 246 |
Opened positions | 52 |
Closed positions | 60 |
Increased positions | 81 |
Reduced positions | 60 |
13F shares | Current |
---|---|
Total value | 912.80 bn |
Total shares | 347.08 mm |
Total puts | 11.67 mm |
Total calls | 6.62 mm |
Total put/call ratio | 1.8 |
Largest owners | Shares | Value |
---|---|---|
BLK BlackRock | 57.22 mm | $152.77 bn |
Vanguard | 41.51 mm | $110.84 bn |
Earnest Partners | 33.35 mm | $89.05 bn |
Fundsmith | 21.50 mm | $57.40 bn |
Discerene | 19.11 mm | $51.02 bn |
Apollo Management | 14.40 mm | $38.45 bn |
STT State Street | 13.88 mm | $37.05 bn |
Oak Hill Advisors | 10.18 mm | $27.17 bn |
Capital International Investors | 10.04 mm | $26.80 bn |
Geode Capital Management | 8.94 mm | $23.86 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Sep 24 | Garry R Wiseman | Common Stock | Payment of exercise | Dispose F | No | No | 3.22 | 8,861 | 28.53 k | 526,065 |
15 Sep 24 | Michael O Randolfi | Common Stock | Payment of exercise | Dispose F | No | No | 3.22 | 14,320 | 46.11 k | 862,730 |
6 Aug 24 | Roshan Mendis | Common Stock | Buy | Acquire P | No | No | 3.0798 | 19,230 | 59.22 k | 776,966 |
7 Jun 24 | Karl Mr. Peterson | Common Stock | Sell | Dispose S | No | No | 2.7896 | 10,000 | 27.90 k | 134,655 |
News
World Travel, Inc. Selects Sabre As Its primary GDS Partner, Allowing Thousands Of World Travel Agents To Access The Robust Travel Content Available Via Sabre's Travel Marketplace
22 Oct 24
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
16 Oct 24
Sabre And Arajet Sign Multi-Year Distribution Agreement To Expand Reach And Boost Sales, Allowing The Airline To Strengthen The Distribution Of Its Flight Inventory Through Sabre's Global Network Of Travel Buyers.
3 Oct 24
Sabre And Google Team Up For Pilot Program With Goal Of Reducing Environmental Impact Of Business Travel
24 Sep 24
Sabre and Delta Airlines Renew Distribution Agreement
22 Aug 24
Press releases
World Travel, Inc. selects Sabre as its primary GDS partner
22 Oct 24
Sabre announces upcoming webcast of its third quarter 2024 earnings conference call
17 Oct 24
Sabre Announces New Board Appointment
16 Oct 24
LOTTE HOTELS & RESORTS migrates to Sabre SynXis Central Reservations System
14 Oct 24
Riyadh Air Selects SabreMosaic™ to Power Next-Gen Retailing and Offer Optimization
10 Oct 24