Corp Srb Sells 14,151 Shares of Safety Insurance Group (NASDAQ:SAFT) Stock

March 24, 2026 by InsiderTrades.com

Key Points

Corp Srb sold 14,151 shares of Safety Insurance Group (NASDAQ:SAFT) on March 20 at an average price of $71.12 for about $1.006M, reducing its stake to 1,794,655 shares (a 0.78% ownership decline).
This sale follows multiple recent dispositions by Corp Srb in late February and mid-March, showing a pattern of ongoing insider trimming across several trades.
Company fundamentals: SAFT has a market cap of roughly $1.07B, a PE of about 10.9, recently beat quarterly EPS estimates ($1.51 vs. $1.28), and pays a $0.92 quarterly dividend (≈5.0% yield, $3.68 annualized).

Safety Insurance Group, Inc. (NASDAQ:SAFT - Get Free Report) major shareholder Corp Srb sold 14,151 shares of the firm's stock in a transaction on Friday, March 20th. The stock was sold at an average price of $71.12, for a total value of $1,006,419.12. Following the completion of the sale, the insider directly owned 1,794,655 shares of the company's stock, valued at $127,635,863.60. This represents a 0.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own 10% or more of a company's stock are required to disclose their transactions with the SEC.

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

On Tuesday, March 17th, Corp Srb sold 1,199 shares of Safety Insurance Group stock. The shares were sold at an average price of $73.06, for a total value of $87,598.94.
On Thursday, February 26th, Corp Srb sold 11,487 shares of Safety Insurance Group stock. The shares were sold at an average price of $78.36, for a total value of $900,121.32.
On Wednesday, February 25th, Corp Srb sold 2,147 shares of Safety Insurance Group stock. The stock was sold at an average price of $78.29, for a total value of $168,088.63.
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 $73.10 on Tuesday. The company has a market cap of $1.07 billion, a PE ratio of 10.91 and a beta of 0.21. Safety Insurance Group, Inc. has a 52 week low of $67.04 and a 52 week high of $84.20. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.06. The firm's 50-day simple moving average is $76.44 and its two-hundred day simple moving average is $74.81.

Safety Insurance Group (NASDAQ:SAFT - Get Free Report) last issued its earnings results on Wednesday, February 25th. The insurance provider reported $1.51 earnings per share for the quarter, topping analysts' consensus estimates of $1.28 by $0.23. The firm had revenue of $319.34 million during the quarter. Safety Insurance Group had a net margin of 7.85% and a return on equity of 9.64%.

Safety Insurance Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Monday, March 2nd were issued a $0.92 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $3.68 annualized dividend and a yield of 5.0%. Safety Insurance Group's dividend payout ratio (DPR) is 54.93%.

Wall Street Analysts Forecast Growth

SAFT has been the subject of a number of recent research reports. Wall Street Zen upgraded shares of Safety Insurance Group from a "hold" rating to a "buy" rating in a research note on Saturday, February 28th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Safety Insurance Group in a report on Thursday, January 22nd. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Safety Insurance Group has a consensus rating of "Hold".

View Our Latest Research Report on SAFT

Institutional Investors Weigh In On Safety Insurance Group

Institutional investors and hedge funds have recently modified their holdings of the company. XTX Topco Ltd raised its holdings in shares of Safety Insurance Group by 2.8% during the fourth quarter. XTX Topco Ltd now owns 4,745 shares of the insurance provider's stock valued at $370,000 after acquiring an additional 127 shares in the last quarter. Amalgamated Bank boosted its position in Safety Insurance Group by 3.5% during the 3rd quarter. Amalgamated Bank now owns 4,377 shares of the insurance provider's stock valued at $309,000 after acquiring an additional 150 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Safety Insurance Group by 0.6% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 23,753 shares of the insurance provider's stock worth $1,851,000 after acquiring an additional 152 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of Safety Insurance Group by 62.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 416 shares of the insurance provider's stock worth $32,000 after acquiring an additional 160 shares during the period. Finally, Allworth Financial LP raised its position 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 worth $30,000 after acquiring an additional 166 shares in the last quarter. 81.04% of the stock is owned by hedge funds and other institutional investors.

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.