Safety Income & Growth Inc (NASDAQ:SAFE) major shareholder Istar Inc. purchased 79,772 shares of Safetyome & Growth stock in a transaction dated Friday, August 11th. The stock was acquired at an average price of $18.99 per share, with a total value of $1,514,870.28. Following the acquisition, the insider now owns 5,531,957 shares in the company, valued at approximately $105,051,863.43. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Istar Inc. also recently made the following trade(s):

  • On Wednesday, August 9th, Istar Inc. purchased 119,658 shares of Safetyome & Growth stock. The stock was acquired at an average price of $18.96 per share, with a total value of $2,268,715.68.
  • On Friday, August 4th, Istar Inc. purchased 76,136 shares of Safetyome & Growth stock. The stock was acquired at an average price of $18.85 per share, with a total value of $1,435,163.60.
  • On Wednesday, August 2nd, Istar Inc. purchased 114,292 shares of Safetyome & Growth stock. The stock was acquired at an average price of $18.49 per share, with a total value of $2,113,259.08.
  • On Friday, July 28th, Istar Inc. purchased 97,499 shares of Safetyome & Growth stock. The stock was acquired at an average price of $18.55 per share, with a total value of $1,808,606.45.
  • On Tuesday, July 25th, Istar Inc. purchased 19,600 shares of Safetyome & Growth stock. The stock was acquired at an average price of $19.25 per share, with a total value of $377,300.00.
  • On Tuesday, June 27th, Istar Inc. purchased 2,250,000 shares of Safetyome & Growth stock. The stock was acquired at an average price of $20.00 per share, with a total value of $45,000,000.00.

Safety Income & Growth Inc (SAFE) traded down 0.37% during midday trading on Friday, hitting $18.83. 126,111 shares of the stock traded hands. The company’s 50-day moving average is $19.14 and its 200 day moving average is $19.14. Safety Income & Growth Inc has a 12-month low of $18.02 and a 12-month high of $20.00. The firm has a market cap of $342.52 million and a P/E ratio of 112.75.

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Several research firms have recently commented on SAFE. J P Morgan Chase & Co began coverage on shares of Safetyome & Growth in a report on Monday, July 17th. They issued a “neutral” rating and a $21.00 price target for the company. Raymond James Financial, Inc. began coverage on shares of Safetyome & Growth in a report on Tuesday, July 18th. They issued a “market perform” rating for the company. UBS AG began coverage on shares of Safetyome & Growth in a report on Monday, July 17th. They issued a “market perform” rating for the company. Ladenburg Thalmann Financial Services began coverage on shares of Safetyome & Growth in a report on Friday, July 14th. They issued a “buy” rating and a $22.00 price target for the company. Finally, Bank of America Corporation restated a “neutral” rating and issued a $20.00 price target on shares of Safetyome & Growth in a report on Monday, July 17th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Safetyome & Growth currently has an average rating of “Hold” and an average price target of $21.00.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. FMR LLC purchased a new stake in shares of Safetyome & Growth during the second quarter valued at $41,620,000. State of New Jersey Common Pension Fund D purchased a new stake in shares of Safetyome & Growth during the second quarter valued at $6,703,000. Vanguard Group Inc. purchased a new stake in shares of Safetyome & Growth during the second quarter valued at $4,787,000. Forward Management LLC purchased a new stake in shares of Safetyome & Growth during the second quarter valued at $4,213,000. Finally, Pinnacle Associates Ltd. purchased a new stake in shares of Safetyome & Growth during the second quarter valued at $196,000.

Safetyome & Growth Company Profile

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

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