News headlines about Safety Insurance Group (NASDAQ:SAFT) have trended somewhat positive on Thursday, according to Accern. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Safety Insurance Group earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media stories about the insurance provider an impact score of 44.5108801889893 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
SAFT has been the topic of several analyst reports. Compass Point downgraded Safety Insurance Group from a “neutral” rating to a “sell” rating in a research report on Monday, October 16th. BidaskClub downgraded Safety Insurance Group from a “strong-buy” rating to a “buy” rating in a research report on Thursday.
Safety Insurance Group (NASDAQ SAFT) opened at $80.40 on Thursday. The company has a market capitalization of $1,236.32, a price-to-earnings ratio of 19.66 and a beta of 0.78. Safety Insurance Group has a 12-month low of $65.75 and a 12-month high of $84.00.
In other Safety Insurance Group news, Director Frederic H. Lindeberg sold 1,000 shares of the company’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $83.16, for a total value of $83,160.00. Following the transaction, the director now owns 19,000 shares of the company’s stock, valued at approximately $1,580,040. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Frederic H. Lindeberg sold 2,000 shares of the company’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $82.35, for a total value of $164,700.00. Following the completion of the transaction, the director now directly owns 20,000 shares in the company, valued at approximately $1,647,000. The disclosure for this sale can be found here. Corporate insiders own 4.90% of the company’s stock.
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About Safety Insurance Group
Safety Insurance Group, Inc is a provider of private passenger automobile insurance. The Company offers a portfolio of property and casualty insurance products. The Company is engaged in property and casualty insurance operations. The Company’s product line includes private passenger automobile, commercial automobile, homeowners, business owners’ policies, personal umbrella, dwelling fire, commercial umbrella, inland marine and watercraft.
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