Fundsmith Reduces $22M in Sabre Corporation ($SABR)

Fundsmith has made a notable move by cutting its stake in Sabre Corporation (NasdaqGS: SABR) by 12,485,312 shares. This reduction, filed on May 15, 2026, reflects a 58% decrease in its holdings. Fundsmith now holds 9,013,783 shares valued at approximately $15.3 million. This change was reported in the latest Form 13F filing with the SEC and may not represent the fund's current position.

What Changed in Fundsmith's Sabre Corporation Position

Fundsmith significantly trimmed its holdings in Sabre Corporation, reducing its position from 21,499,095 shares to 9,013,783 shares. The cut of 12,485,312 shares marks a 58% reduction in its stake. The shares are now valued at about $15.3 million, reflecting a strategic shift in Fundsmith's investment approach.

Other Institutional Activity in Sabre Corporation

Several other institutional investors also adjusted their positions in Sabre Corporation. BlackRock, Inc. reduced its holdings by 738,971 shares, now owning 55,771,052 shares valued at roughly $80.9 million. Discernene Group LP increased its position by 569,711 shares, bringing its total to 39,093,531 shares worth about $56.7 million. Arini Capital Management Ltd acquired 36,608,248 shares, matching its current holdings. Meanwhile, Earnest Partners LLC cut its stake by 1,371,714 shares, ending with 24,521,670 shares valued at approximately $35.6 million. Vanguard Capital Management LLC added 16,646,085 shares, now holding the same amount.

Sabre Corporation Stock Snapshot

Shares of Sabre Corporation (NasdaqGS: SABR) traded near $1.70. The company has a market capitalization of about $672 million and a forward P/E ratio of 11.72. Sabre's beta is 1.001, indicating its stock price moves closely with the market. The stock's 52-week range is from $0.81 to $3.52, with a 50-day moving average of $1.72 and a 200-day moving average of $1.61. Sabre's current ratio is 0.93, showing its ability to cover short-term liabilities, while the quick ratio stands at 0.83.

Recent Earnings

Sabre Corporation reported revenue of approximately $2.83 billion, showing a growth of 8.3%. Despite a negative EPS of -$0.62, the company achieved a net margin of 17.6%. The next earnings announcement is expected on August 6, 2026.

Insider Buying and Selling at Sabre Corporation

On May 15, 2026, several insiders at Sabre Corporation made transactions. Garry Wiseman, President of Product/Engineering, sold 108,272 shares at an average price of $1.60. Jami Kindle, SVP & Chief Accounting Officer, sold 29,555 shares, and Rochelle Boas, EVP & Chief Legal Officer, sold 42,134 shares, both at the same price. Meanwhile, Andrew Finkelstein, EVP & Chief Commercial Officer, purchased 257,511 shares, and Garry Wiseman also bought 549,503 shares, both at an undisclosed price.

Analysts Set New Price Targets

On March 3, 2026, Bernstein downgraded Sabre Corporation to a 'hold' rating with a price target of $1.50. The consensus among analysts is to 'hold' the stock, with a mean target price of $1.99 based on six analyst opinions.

About Sabre Corporation

Sabre Corporation, based in Southlake, Texas, is a technology company serving the travel industry. It offers a range of software solutions for airlines, hotels, and travel agencies, including reservation systems and data-driven intelligence products. Led by CEO Kurt J. Ekert, Sabre employs around 4,650 people and operates globally, providing technology that powers travel experiences worldwide.

Bottom Line

Fundsmith's decision to cut its Sabre Corporation holdings by 58% is a significant move in its portfolio strategy. Investors keep a close eye on these 13F filings to gauge institutional sentiment, although they reflect past actions and may not represent current positions. With Sabre's upcoming earnings and recent insider activity, the stock remains under scrutiny from both analysts and investors.