Insider buy at Safety Income & Growth (SAFE) Extends the Trend of purchases over Last Quarter

Monday, January 29, 2018 10:15 PM ET

Insider buy at Safety Income & Growth (SAFE) Extends the Trend of purchases over Last Quarter

An insider — iStar Inc, 10% Owner — purchased 59,281 shares of Safety Income & Growth having a market value of approximately $1,059,625 today, as revealed 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 851,838 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 911,119 shares and have averaged 455,560 shares per transaction over this time period.

During the last 90 days, the number of insider buy/sell trades at Safety Income & Growth is less than the 8-company peer group average. Diversified REITs peer group saw 27 buy/sell trades during this period for an average of 3.4 transactions per company. However, the number of shares per buy/sell trade for Safety Income & Growth is higher. Within the peer group there were 967,433 shares purchased and 2,238,409 shares sold with company insiders selling 47,073 shares on average.

The data sourced in evaluating and writing in this story eliminates 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.

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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