Insider Buying: Safety Income & Growth Inc (SAFE) Chairman Purchases 690 Shares of Stock

Safety Income & Growth Inc (NASDAQ:SAFE) Chairman Jay Sugarman bought 690 shares of the firm’s stock in a transaction that occurred on Monday, September 18th. The shares were purchased at an average cost of $19.37 per share, with a total value of $13,365.30. The purchase was disclosed in a document filed with the SEC, which is available through this link.

Jay Sugarman also recently made the following trade(s):

  • On Thursday, September 14th, Jay Sugarman bought 1,182 shares of Safetyome & Growth stock. The shares were purchased at an average cost of $19.54 per share, with a total value of $23,096.28.
  • On Thursday, September 7th, Jay Sugarman bought 744 shares of Safetyome & Growth stock. The shares were purchased at an average cost of $19.59 per share, with a total value of $14,574.96.
  • On Friday, September 1st, Jay Sugarman bought 370 shares of Safetyome & Growth stock. The shares were purchased at an average cost of $19.73 per share, with a total value of $7,300.10.
  • On Wednesday, August 30th, Jay Sugarman bought 684 shares of Safetyome & Growth stock. The shares were purchased at an average cost of $19.57 per share, with a total value of $13,385.88.
  • On Friday, August 25th, Jay Sugarman bought 902 shares of Safetyome & Growth stock. The shares were purchased at an average cost of $19.41 per share, with a total value of $17,507.82.
  • On Tuesday, August 22nd, Jay Sugarman bought 526 shares of Safetyome & Growth stock. The shares were purchased at an average cost of $19.42 per share, with a total value of $10,214.92.
  • On Friday, August 18th, Jay Sugarman bought 408 shares of Safetyome & Growth stock. The shares were purchased at an average cost of $19.66 per share, with a total value of $8,021.28.
  • On Wednesday, August 16th, Jay Sugarman bought 954 shares of Safetyome & Growth stock. The shares were purchased at an average cost of $19.34 per share, with a total value of $18,450.36.
  • On Friday, August 11th, Jay Sugarman bought 816 shares of Safetyome & Growth stock. The shares were purchased at an average cost of $18.99 per share, with a total value of $15,495.84.
  • On Wednesday, August 9th, Jay Sugarman bought 1,224 shares of Safetyome & Growth stock. The shares were purchased at an average cost of $18.96 per share, with a total value of $23,207.04.

Shares of Safety Income & Growth Inc (SAFE) traded down 0.52% on Monday, reaching $19.14. The company’s stock had a trading volume of 198,954 shares. Safety Income & Growth Inc has a 1-year low of $18.02 and a 1-year high of $20.00. The stock has a 50-day moving average price of $19.23 and a 200-day moving average price of $19.27. The company has a market capitalization of $348.16 million and a price-to-earnings ratio of 114.61.

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Several hedge funds have recently made changes to their positions in SAFE. FMR LLC purchased a new position in shares of Safetyome & Growth in the 2nd quarter valued at approximately $41,620,000. V3 Capital Management L.P. purchased a new position in shares of Safetyome & Growth in the 2nd quarter valued at approximately $8,139,000. State of New Jersey Common Pension Fund D purchased a new position in shares of Safetyome & Growth in the 2nd quarter valued at approximately $6,703,000. Vanguard Group Inc. purchased a new position in shares of Safetyome & Growth in the 2nd quarter valued at approximately $4,787,000. Finally, Balyasny Asset Management LLC purchased a new position in shares of Safetyome & Growth in the 2nd quarter valued at approximately $4,286,000.

SAFE has been the subject of a number of research reports. Ladenburg Thalmann Financial Services reaffirmed a “buy” rating on shares of Safetyome & Growth in a report on Monday, July 31st. Barclays PLC initiated coverage on Safetyome & Growth in a report on Monday, July 17th. They set an “equal weight” rating and a $21.00 target price for the company. Raymond James Financial, Inc. initiated coverage on Safetyome & Growth in a report on Tuesday, July 18th. They set a “market perform” rating for the company. UBS AG initiated coverage on Safetyome & Growth in a report on Monday, July 17th. They set a “market perform” rating for the company. Finally, Bank of America Corporation reaffirmed a “neutral” rating and set a $20.00 target price on shares of Safetyome & Growth in a report on Monday, July 17th. One research analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. Safetyome & Growth has an average rating of “Hold” and a consensus target price of $20.80.

About Safetyome & Growth

Insider Buying and Selling by Quarter for Safetyome & Growth (NASDAQ:SAFE)

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