Insider purchase at Safety Income & Growth (SAFE) prolongs buy activity of Last 90 Days

Wednesday, January 03, 2018 10:15 PM ET

Insider purchase at Safety Income & Growth (SAFE) prolongs buy activity of Last 90 Days

An insider — iStar Inc, 10% Owner — purchased 71,434 shares of Safety Income & Growth having a market value of approximately $1,277,395 today, as disclosed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the purchase of 460,265 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 531,699 shares and have averaged 265,850 shares per transaction over this time period.

The number of buy-sell trades for Safety Income & Growth is close to that of the 8 member peer company average. The Diversified REITs peer group saw 16 buy/sell trades during this period for an average of 2.0 transactions per company. However, the number of shares per buy/sell trade transacted by Safety Income & Growth insiders is higher. Within the peer group there were 523,860 shares purchased and 2,238,409 shares sold with company insiders disposing of 107,159 shares on average.

Insider buying and selling activity that is significant has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in evaluating and writing this story.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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