Safety Income & Growth Inc (NASDAQ:SAFE) major shareholder Istar Inc. acquired 115,561 shares of the company’s stock in a transaction dated Thursday, September 14th. The stock was acquired at an average price of $19.54 per share, for a total transaction of $2,258,061.94. Following the acquisition, the insider now owns 6,097,093 shares in the company, valued at approximately $119,137,197.22. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Istar Inc. also recently made the following trade(s):

  • On Thursday, September 7th, Istar Inc. acquired 72,960 shares of Safetyome & Growth stock. The stock was acquired at an average price of $19.59 per share, for a total transaction of $1,429,286.40.
  • On Friday, September 1st, Istar Inc. acquired 36,338 shares of Safetyome & Growth stock. The stock was acquired at an average price of $19.73 per share, for a total transaction of $716,948.74.
  • On Wednesday, August 30th, Istar Inc. acquired 66,970 shares of Safetyome & Growth stock. The stock was acquired at an average price of $19.57 per share, for a total transaction of $1,310,602.90.
  • On Friday, August 25th, Istar Inc. acquired 88,376 shares of Safetyome & Growth stock. The stock was acquired at an average price of $19.41 per share, for a total transaction of $1,715,378.16.
  • On Tuesday, August 22nd, Istar Inc. purchased 51,503 shares of Safetyome & Growth stock. The shares were purchased at an average price of $19.42 per share, for a total transaction of $1,000,188.26.
  • On Friday, August 18th, Istar Inc. purchased 40,061 shares of Safetyome & Growth stock. The shares were purchased at an average price of $19.66 per share, for a total transaction of $787,599.26.
  • On Wednesday, August 16th, Istar Inc. purchased 93,367 shares of Safetyome & Growth stock. The shares were purchased at an average price of $19.34 per share, for a total transaction of $1,805,717.78.
  • On Friday, August 11th, Istar Inc. purchased 79,772 shares of Safetyome & Growth stock. The shares were purchased at an average price of $18.99 per share, for a total transaction of $1,514,870.28.
  • On Wednesday, August 9th, Istar Inc. purchased 119,658 shares of Safetyome & Growth stock. The shares were purchased at an average price of $18.96 per share, for a total transaction of $2,268,715.68.
  • On Friday, August 4th, Istar Inc. purchased 76,136 shares of Safetyome & Growth stock. The shares were purchased at an average price of $18.85 per share, for a total transaction of $1,435,163.60.

Safety Income & Growth Inc (SAFE) opened at 19.24 on Friday. Safety Income & Growth Inc has a 1-year low of $18.02 and a 1-year high of $20.00. The company’s 50-day moving average price is $19.23 and its 200-day moving average price is $19.27. The stock has a market cap of $349.98 million and a P/E ratio of 115.21.

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Large investors have recently bought and sold shares of the company. State of New Jersey Common Pension Fund D bought a new position in shares of Safetyome & Growth during the second quarter valued at approximately $6,703,000. Forward Management LLC bought a new position in Safetyome & Growth in the 2nd quarter worth approximately $4,213,000. Pinnacle Associates Ltd. bought a new position in Safetyome & Growth in the 2nd quarter worth approximately $196,000. Macquarie Group Ltd. bought a new position in Safetyome & Growth in the 2nd quarter worth approximately $2,873,000. Finally, Goldman Sachs Group Inc. bought a new position in Safetyome & Growth in the 2nd quarter worth approximately $1,420,000.

A number of research firms recently issued reports on SAFE. J P Morgan Chase & Co began coverage on Safetyome & Growth in a research note on Monday, July 17th. They set a “neutral” rating and a $21.00 price target on the stock. Zacks Investment Research downgraded Safetyome & Growth from a “hold” rating to a “sell” rating in a research note on Thursday. Raymond James Financial, Inc. began coverage on Safetyome & Growth in a research note on Tuesday, July 18th. They set a “market perform” rating on the stock. UBS AG began coverage on Safetyome & Growth in a research note on Monday, July 17th. They set a “market perform” rating on the stock. Finally, Bank of America Corporation restated a “neutral” rating and set a $20.00 price target on shares of Safetyome & Growth in a research note on Monday, July 17th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the stock. Safetyome & Growth has an average rating of “Hold” and an average price target of $20.80.

Safetyome & Growth Company Profile

Insider Buying and Selling by Quarter for Safetyome & Growth (NASDAQ:SAFE)

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