Company profile

Ticker
SABR, SABRP
Exchange
Website
CEO
Sean E. Menke
Employees
Incorporated
Location
Fiscal year end
SEC CIK

SABR stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

10 Aug 20
27 Sep 20
31 Dec 20

News

Quarter (USD) Jun 20 Mar 20 Sep 19 Jun 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Sabre earnings reports.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
15 Sep 20 Kindle Jami Common Stock Payment of exercise Dispose F No 6.71 1,339 8.98K 94,103
15 Sep 20 David D Moore Common Stock Payment of exercise Dispose F No 6.71 4,014 26.93K 197,779
15 Sep 20 Roshan Mendis Common Stock Payment of exercise Dispose F No 6.71 4,014 26.93K 122,241
15 Sep 20 Scott Albert Wilson Common Stock Grant Aquire A No 0 75,988 0 75,988
15 Sep 20 Scott Albert Wilson Options to Purchase Common Stock Common Stock Grant Aquire A No 6.71 151,976 1.02M 151,976
14 Sep 20 Tanyel Cem Common Stock Payment of exercise Dispose F No 6.77 2,858 19.35K 143,031
77.0% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 307 320 -4.1%
Opened positions 75 62 +21.0%
Closed positions 88 76 +15.8%
Increased positions 106 117 -9.4%
Reduced positions 101 97 +4.1%
13F shares
Current Prev Q Change
Total value 1.99B 1.81B +10.2%
Total shares 244.19M 232.97M +4.8%
Total puts 4.92M 447.6K +998.1%
Total calls 6.66M 340.4K +1855.7%
Total put/call ratio 0.7 1.3 -43.9%
Largest owners
Shares Value Change
Vanguard 25.88M $208.61M -7.3%
BLK BlackRock 23.97M $193.16M -8.2%
IVZ Invesco 17.38M $140.06M +23.1%
Burgundy Asset Management 13.19M $106.29M -4.9%
Causeway Capital Management 9.75M $78.58M -38.7%
Yiheng Capital Management 9.43M $76M NEW
Earnest Partners 9.26M $74.65M +735.9%
SRS Investment Management 7.53M $60.7M +97.6%
STT State Street 6.54M $52.72M -28.6%
D. E. Shaw & Co. 5.45M $43.96M +61.0%
Largest transactions
Shares Bought/sold Change
Capital World Investors 0 -15.9M EXIT
Yiheng Capital Management 9.43M +9.43M NEW
Earnest Partners 9.26M +8.15M +735.9%
Causeway Capital Management 9.75M -6.16M -38.7%
FMR 5.14M +5.11M +16533.2%
FIL 2.66M -4.9M -64.8%
Par Capital Management 4.66M +4.66M NEW
Eminence Capital 0 -3.98M EXIT
Sirios Capital Management L P 3.94M +3.94M NEW
SRS Investment Management 7.53M +3.72M +97.6%

Financial report summary

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Risks
  • Our revenue is highly dependent on transaction volumes in the global travel industry, particularly air travel transaction volumes.
  • Our success depends on maintaining the integrity of our systems and infrastructure, which may suffer from failures, capacity constraints, business interruptions and forces outside of our control.
  • Any inability or failure to adapt to technological developments or the evolving competitive landscape could harm our business operations and competitiveness.
  • Travel suppliers’ use of alternative distribution models, such as direct distribution models, could adversely affect our Travel Network business.
  • We rely on the availability and performance of information technology services provided by third parties, including DXC, which manages a significant portion of our systems.
  • Our Travel Network business is exposed to pricing pressure from travel suppliers.
  • Security breaches could expose us to liability and damage our reputation and our business.
  • Implementation of software solutions often involves a significant commitment of resources, and any failure to deliver as promised on a significant implementation could adversely affect our business.
  • The travel distribution market is highly competitive, and we are subject to competition from other GDS providers, direct distribution by travel suppliers and new entrants or technologies that may challenge the GDS business model.
  • Our ability to maintain and grow our Airline Solutions and Hospitality Solutions businesses may be negatively affected by competition from other third-party solutions providers and new participants that seek to enter the solutions market.
  • Our ability to recruit, train and retain employees, including our key executive officers and technical employees, is critical to our results of operations and future growth.
  • Our Travel Network, Airline Solutions and Hospitality Solutions businesses depend on maintaining and renewing contracts with their customers and other counterparties.
  • Our travel supplier customers may experience financial instability or consolidation, pursue cost reductions, change their distribution model or undergo other changes.
  • Our Travel Network business depends on relationships with travel buyers.
  • Our business could be harmed by adverse global and regional economic and political conditions.
  • We operate a global business that exposes us to risks associated with international activities.
  • We are involved in various legal proceedings which may cause us to incur significant fees, costs and expenses and may result in unfavorable outcomes.
  • We are exposed to risks associated with acquiring or divesting businesses or business operations.
  • Any failure to comply with regulations or any changes in such regulations governing our businesses could adversely affect us.
  • Our collection, processing, storage, use and transmission of personal data could give rise to liabilities as a result of governmental regulation, conflicting legal requirements, differing views on data privacy or security breaches.
  • We are exposed to risks associated with PCI compliance.
  • Intellectual property infringement actions against us could be costly and time consuming to defend and may result in business harm if we are unsuccessful in our defense.
  • We may not be able to protect our intellectual property effectively, which may allow competitors to duplicate our products and services.
  • We use open source software in our solutions that may subject our software solutions to general release or require us to re-engineer our solutions.
  • We rely on the value of our brands, which may be damaged by a number of factors, some of which are out of our control.
  • Maintaining and improving our financial controls and the requirements of being a public company may strain our resources, divert management’s attention and affect our ability to attract and retain qualified board members.
  • We rely on third-party distributor partners and joint ventures to extend our GDS services to certain regions, which exposes us to risks associated with lack of direct management control and potential conflicts of interest.
  • We may have higher than anticipated tax liabilities.
  • We may not have sufficient insurance to cover our liability in pending litigation claims and future claims either due to coverage limits or as a result of insurance carriers seeking to deny coverage of such claims, which in either case could expose us to significant liabilities.
  • Defects in our products may subject us to significant warranty liabilities or product liability claims and we may have insufficient product liability insurance to pay material uninsured claims.
  • We may recognize impairments on long-lived assets, including goodwill and other intangible assets, or recognize impairments on our equity method investments.
  • Our pension plan obligations are currently unfunded, and we may have to make significant cash contributions to our plans, which could reduce the cash available for our business.
  • We may require more cash than we generate in our operating activities, and additional funding on reasonable terms or at all may not be available.
  • We have a significant amount of indebtedness, which could adversely affect our cash flow and our ability to operate our business and to fulfill our obligations under our indebtedness.
  • We are exposed to interest rate fluctuations.
  • We are exposed to exchange rate fluctuations.
  • The market price of our common stock could decline due to the large number of outstanding shares of our common stock eligible for future sale.
  • Our ability to pay regular dividends to our stockholders is subject to the discretion of our board of directors and may be limited by our holding company structure and applicable provisions of Delaware law.
Management Discussion
  • ITEM 7.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
  • We connect people and places with technology that reimagines the business of travel. We operate through three business segments: (i) Travel Network, our global business-to-business travel marketplace for travel suppliers and travel buyers, (ii) Airline Solutions, a broad portfolio of software technology products and solutions primarily for airlines, and (iii) Hospitality Solutions, an extensive suite of leading software solutions for hoteliers. Collectively, these offerings enable travel suppliers to better serve their customers across the entire travel lifecycle, from route planning to post-trip business intelligence and analytics.
  • A significant portion of our revenue is generated through transaction based fees that we charge to our customers. For Travel Network, this fee is in the form of a transaction fee for bookings on our GDS; for Airline Solutions and Hospitality Solutions, this fee is a recurring usage-based fee for the use of our SaaS and hosted systems, as well as upfront fees and professional service fees. Items that are not allocated to our business segments are identified as corporate and primarily include stock-based compensation expense, litigation costs, corporate headcount-related costs and other items that are not identifiable with either one of our segments.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
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