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Stock impact report

Positive Signs As Multiple Insiders Buy Safety Insurance Group Stock [Yahoo! Finance]

Safety Insurance Group, Inc. (SAFT) 
US:NASDAQ Investor Relations: safetyinsurance.com/about/investor.html
Company Research Source: Yahoo! Finance
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Safety Insurance Group Insider Transactions Over The Last Year Over the last year, we can see that the biggest insider purchase was by Independent Director Dennis Langwell for US$145k worth of shares, at about US$72.39 per share. So it's clear an insider wanted to buy, at around the current price, which is US$76.69. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. In this case Show less Read more
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