Investors who sold Safety Insurance Group, Inc.’s (NASDAQ:SAFT) stock over the past year can take solace in the 4.6% decline.

Safety Insurance Group, Inc.’s (NASDAQ:SAFT) stock is down 4.6% over the last week, but people who sold US$755k worth of stock last year did not do well. Given that the average selling price of US$84.13 is still lower than the current share price, insiders would probably be better off keeping their shares.

Although insider trading is not the most important factor when it comes to long-term investing, common sense tells you that you should be careful when traders are buying or selling shares.

However if you want to see where it is opportunities and risks are within the SAFT industryyou can check out our analysis of US insurance companies.

Last 12 Months Of Insider Transactions At Safety Insurance Group

Insider, Ann McKeown, has sold the most during the past 12 months. This one transaction was for US$268k shares at a price of US$79.01 each. This means that even if the share price is below the current price of US$89.24, the insider wants to make money in other shares. We often think that it is wrong if insiders have been selling, especially if they have done so below the current price, because it means that they see the low price as reasonable. However, while insider trading is sometimes disappointing, it is only a sign of weakness. It is worth noting that this sale was only 14% of Ann McKeown’s holdings.

During the past year Safety Insurance Group insiders did not buy any company’s stock. You can see the internal activities (of companies and individuals) of the past year shown on the page below. By clicking on the graph below, you can see the details of each internal event!

NasdaqGS:SAFT Insider Trading Volume September 4th 2022

If you like to buy stocks that insiders are buying, rather than selling, then you might just like this free list of companies. (Hint: Insiders have been buying it).

Insider Insider Group Insiders Selling Stock

We have seen some people sell to Safety Insurance Group, in the last three months. Actuarial Services Vice President Glenn Hiltpold sold only US$36,000 worth of shares at the time. It’s not fun to see them sell out, or the lack of recent buyers. But the money sold is not enough to put any weight on it.

Insider Ownership Of Safety Insurance Group

Most investors like to look at the number of companies that are owned by insiders. We usually like to see a lot of insider ownership. Insiders own 5.0% of Safety Insurance Group shares, worth about US$66m. Although this is a strong but unsuccessful aspect of insider ownership, it is enough to show the interaction between management and minority shareholders.

So What Do Insurance Group Insider Transactions Show?

Our data shows some insider trading, but not insider buying, in the last three months. However, the sales are not that big to worry us at all. We are a little wary of insiders at Safety Insurance Group. But it is good to see that the participants have shares in the company. In addition to being aware of the industry’s current situation, it is important to be aware of the risks that the Safety Insurance Group is facing. For example – the Defense Insurance Group said 1 warning sign we think you should know.

Where, you can find better deals by looking elsewhere. So look at this free list of entertainment companies.

For the purposes of this article, insiders are people who report their actions to a regulatory body. We currently account for open and private markets, but not derivatives.

This article by Simply Wall St is more general in nature. We provide reviews based on historical data and expert forecasts using unbiased methods and our articles are not intended to be financial advice. It does not make recommendations to buy or sell any stock, and does not take into account your goals, or financial situation. We want to bring you long-term analytics driven by meaningful data. Note that our analysis may not be influenced by recent company announcements or stock prices. Simply Wall St does not have a position in any of the listed stocks.

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