Safety Insurance Group (NASDAQ:SAFT) Major Shareholder Corp Srb Sells 2,147 Shares

February 28, 2026 by InsiderTrades.com

Key Points

Corp Srb sold 11,487 Safety Insurance Group (NASDAQ:SAFT) shares on Feb. 26 at an average price of $78.36 for $900,121, part of a series of sales totaling 20,954 shares from Feb. 23–26 that reduced its stake by 0.63% to 1,821,510 shares (≈$142.7M).
Quarterly results beat expectations: SAFT reported $1.51 EPS vs. $1.28 consensus and $319.34 million in revenue for the quarter.
Dividend announced: a $0.92 quarterly dividend (annualized $3.68) was declared, implying a 4.7% yield, with an ex-dividend date of March 2 and a payment date of March 13.

Safety Insurance Group, Inc. (NASDAQ:SAFT - Get Free Report) major shareholder Corp Srb sold 2,147 shares of the company's stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $78.29, for a total value of $168,088.63. Following the transaction, the insider directly owned 1,832,817 shares in the company, valued at $143,491,242.93. The trade was a 0.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Major shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC.

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

On Thursday, February 26th, Corp Srb sold 11,487 shares of Safety Insurance Group stock. The stock was sold at an average price of $78.36, for a total value of $900,121.32.
On Tuesday, February 24th, Corp Srb sold 3,231 shares of Safety Insurance Group stock. The stock was sold at an average price of $77.14, for a total value of $249,239.34.
On Monday, February 23rd, Corp Srb sold 4,089 shares of Safety Insurance Group stock. The shares were sold at an average price of $77.48, for a total value of $316,815.72.

Safety Insurance Group Price Performance

NASDAQ SAFT opened at $77.63 on Friday. The company has a 50 day simple moving average of $77.72 and a 200-day simple moving average of $74.80. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.41 and a quick ratio of 0.41. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of 11.59 and a beta of 0.22. Safety Insurance Group, Inc. has a 52-week low of $67.04 and a 52-week high of $84.20.

Safety Insurance Group (NASDAQ:SAFT - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The insurance provider reported $1.51 EPS for the quarter, beating analysts' consensus estimates of $1.28 by $0.23. Safety Insurance Group had a net margin of 7.85% and a return on equity of 9.69%. The firm had revenue of $319.34 million for the quarter.

Safety Insurance Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Monday, March 2nd will be issued a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Monday, March 2nd. Safety Insurance Group's dividend payout ratio (DPR) is currently 54.93%.

Hedge Funds Weigh In On Safety Insurance Group

Several institutional investors have recently bought and sold shares of SAFT. Royal Bank of Canada boosted its stake in shares of Safety Insurance Group by 9.9% during the 1st quarter. Royal Bank of Canada now owns 10,148 shares of the insurance provider's stock worth $801,000 after acquiring an additional 914 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Safety Insurance Group by 19.7% in the 1st quarter. AQR Capital Management LLC now owns 34,093 shares of the insurance provider's stock valued at $2,689,000 after acquiring an additional 5,619 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Safety Insurance Group by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,734 shares of the insurance provider's stock worth $689,000 after purchasing an additional 389 shares during the last quarter. Millennium Management LLC boosted its position in Safety Insurance Group by 284.9% during the first quarter. Millennium Management LLC now owns 85,761 shares of the insurance provider's stock worth $6,765,000 after purchasing an additional 63,480 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Safety Insurance Group by 9.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 33,747 shares of the insurance provider's stock valued at $2,662,000 after purchasing an additional 3,011 shares during the last quarter. 81.04% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have commented on SAFT shares. Weiss Ratings restated a "hold (c)" rating on shares of Safety Insurance Group in a research note on Thursday, January 22nd. Wall Street Zen raised Safety Insurance Group from a "hold" rating to a "buy" rating in a research note on Saturday. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Safety Insurance Group presently has an average rating of "Hold".

Check Out Our Latest Stock Analysis on Safety Insurance Group

About Safety Insurance Group

(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.