Insider Selling: Safety Insurance Group (NASDAQ:SAFT) Major Shareholder Sells $127,843,080.64 in Stock

Posted by Brenda Bartman on Jul 31st, 2026

Safety Insurance Group, Inc. (NASDAQ:SAFT – Get Free Report) major shareholder Corp Srb sold 1,240,352 shares of the business’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $103.07, for a total transaction of $127,843,080.64. Following the sale, the insider directly owned 473,387 shares of the company’s stock, valued at $48,791,998.09. This represents a 72.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Corp Srb also recently made the following trade(s):

On Friday, July 24th, Corp Srb sold 38,835 shares of Safety Insurance Group stock. The shares were sold at an average price of $103.08, for a total transaction of $4,003,111.80.
On Monday, July 13th, Corp Srb sold 34,272 shares of Safety Insurance Group stock. The stock was sold at an average price of $76.04, for a total value of $2,606,042.88.
On Thursday, July 9th, Corp Srb sold 2,650 shares of Safety Insurance Group stock. The stock was sold at an average price of $76.51, for a total value of $202,751.50.

Safety Insurance Group Price Performance

Shares of Safety Insurance Group stock opened at $103.19 on Friday. The stock has a market capitalization of $1.51 billion, a P/E ratio of 24.39 and a beta of 0.21. The business has a 50 day simple moving average of $75.91 and a two-hundred day simple moving average of $75.51. Safety Insurance Group, Inc. has a 12 month low of $67.04 and a 12 month high of $103.50. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.39 and a quick ratio of 0.39.

Safety Insurance Group (NASDAQ:SAFT – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The insurance provider reported ($0.72) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.45 by ($2.17). The firm had revenue of $314.67 million during the quarter, compared to analyst estimates of $315.01 million. Safety Insurance Group had a return on equity of 6.31% and a net margin of 4.94%. As a group, analysts predict that Safety Insurance Group, Inc. will post 4.75 EPS for the current fiscal year.

Safety Insurance Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Monday, June 1st were given a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Monday, June 1st. Safety Insurance Group’s dividend payout ratio is 87.00%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on SAFT shares. Zacks Research raised shares of Safety Insurance Group to a “hold” rating in a research note on Wednesday, May 27th. Weiss Ratings upgraded Safety Insurance Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 24th. Finally, Wall Street Zen upgraded Safety Insurance Group from a “sell” rating to a “hold” rating in a research report on Saturday, June 6th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Get Our Latest Report on SAFT

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of SAFT. XTX Topco Ltd raised its position in shares of Safety Insurance Group by 2.8% during the 4th quarter. XTX Topco Ltd now owns 4,745 shares of the insurance provider’s stock valued at $370,000 after buying an additional 127 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Safety Insurance Group by 0.6% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 23,753 shares of the insurance provider’s stock valued at $1,851,000 after purchasing an additional 152 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of Safety Insurance Group by 62.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 416 shares of the insurance provider’s stock valued at $32,000 after purchasing an additional 160 shares during the last quarter. Allworth Financial LP lifted its stake in shares of Safety Insurance Group by 74.8% in the 4th quarter. Allworth Financial LP now owns 388 shares of the insurance provider’s stock valued at $30,000 after purchasing an additional 166 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co increased its position in shares of Safety Insurance Group by 1.2% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 14,018 shares of the insurance provider’s stock worth $1,112,000 after purchasing an additional 169 shares during the last quarter. Institutional investors and hedge funds own 81.04% of the company’s stock.

Safety Insurance Group Company Profile

(Get Free Report)

Safety Insurance Group, Inc is a publicly traded property and casualty insurance holding company incorporated in Massachusetts in 1994. Its principal subsidiary, Safety Insurance Company, traces its roots back to 1923 and has since evolved into a regional personal lines insurer. The company is headquartered in Boston, Massachusetts, and trades on the Nasdaq under the symbol SAFT.

Safety Insurance Group focuses primarily on private passenger automobile and homeowners insurance products, along with dwelling fire, umbrella liability, and certain commercial auto coverages.