Safety Income & Growth Inc (NASDAQ:SAFE) Chairman Jay Sugarman purchased 816 shares of the business’s stock in a transaction dated Friday, August 11th. The shares were purchased at an average cost of $18.99 per share, for a total transaction of $15,495.84. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • On Wednesday, August 9th, Jay Sugarman purchased 1,224 shares of Safetyome & Growth stock. The shares were purchased at an average cost of $18.96 per share, for a total transaction of $23,207.04.
  • On Friday, August 4th, Jay Sugarman purchased 776 shares of Safetyome & Growth stock. The shares were purchased at an average cost of $18.85 per share, for a total transaction of $14,627.60.
  • On Wednesday, August 2nd, Jay Sugarman purchased 1,166 shares of Safetyome & Growth stock. The shares were purchased at an average cost of $18.49 per share, for a total transaction of $21,559.34.
  • On Friday, July 28th, Jay Sugarman purchased 752 shares of Safetyome & Growth stock. The shares were purchased at an average cost of $18.41 per share, for a total transaction of $13,844.32.
  • On Wednesday, July 26th, Jay Sugarman purchased 442 shares of Safetyome & Growth stock. The shares were purchased at an average cost of $19.09 per share, for a total transaction of $8,437.78.
  • On Tuesday, June 27th, Jay Sugarman purchased 50,000 shares of Safetyome & Growth stock. The shares were purchased at an average cost of $20.00 per share, for a total transaction of $1,000,000.00.

Shares of Safety Income & Growth Inc (NASDAQ:SAFE) traded down 0.37% during trading on Friday, hitting $18.83. The stock had a trading volume of 126,111 shares. The firm has a 50-day moving average price of $19.14 and a 200 day moving average price of $19.14. The company has a market capitalization of $342.52 million and a PE ratio of 112.75. Safety Income & Growth Inc has a 52 week low of $18.02 and a 52 week high of $20.00.

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Large investors have recently added to or reduced their stakes in the company. Pinnacle Associates Ltd. acquired a new stake in Safetyome & Growth during the second quarter valued at $196,000. Forward Management LLC acquired a new stake in Safetyome & Growth during the second quarter valued at $4,213,000. Vanguard Group Inc. acquired a new stake in Safetyome & Growth during the second quarter valued at $4,787,000. State of New Jersey Common Pension Fund D acquired a new stake in Safetyome & Growth during the second quarter valued at $6,703,000. Finally, FMR LLC acquired a new stake in Safetyome & Growth during the second quarter valued at $41,620,000.

SAFE has been the topic of a number of recent research reports. Ladenburg Thalmann Financial Services reissued a “buy” rating on shares of Safetyome & Growth in a research note on Monday, July 31st. Barclays PLC initiated coverage on Safetyome & Growth in a research note on Monday, July 17th. They set an “equal weight” rating and a $21.00 price target on the stock. Bank of America Corporation reissued a “neutral” rating and set a $20.00 price target on shares of Safetyome & Growth in a research note on Monday, July 17th. Raymond James Financial, Inc. initiated coverage on Safetyome & Growth in a research note on Tuesday, July 18th. They set a “market perform” rating on the stock. Finally, UBS AG initiated coverage on Safetyome & Growth in a research note on Monday, July 17th. They set a “market perform” rating on the stock. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $21.00.

Safetyome & Growth Company Profile

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

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