Dennis Langwell, a director at Safety Insurance Group Inc, purchased 2,000 shares on August 11, 2025, bringing his total ownership to 6,000 shares. The company offers property and casualty insurance products in Massachusetts and New Hampshire. Langwell's purchase is part of a broader trend of insider activity within the company, with a total of 2,000 shares purchased and no shares sold over the past year. The stock's price-earnings ratio is lower than the industry median and historical median, and the GF Value is estimated at $102.23.
On August 11, 2025, Dennis Langwell, a director at Safety Insurance Group Inc (SAFT), purchased 2,000 shares of the company, according to a SEC Filing [1]. This transaction brought the insider's total ownership to 6,000 shares. Safety Insurance Group Inc is a provider of property and casualty insurance products, primarily in Massachusetts and New Hampshire [3].
Langwell's purchase is part of a broader trend of insider activity within the company. Over the past year, the insider has purchased a total of 2,000 shares and has not sold any shares. During the same period, the company saw 2 insider buys and 3 insider sells [3]. On the day of the purchase, shares of Safety Insurance Group Inc were trading at $71.49, giving the stock a market cap of $1.075 billion [3].
The stock's price-earnings ratio stands at 12.64, which is lower than the industry median of 13.145 and also lower than the company's historical median price-earnings ratio [3]. The GF Value is estimated at $102.23, resulting in a price-to-GF-Value ratio of 0.7. This indicates that the stock is modestly undervalued based on its GF Value [3].
The recent insider purchase by Dennis Langwell may signal confidence in the company's future prospects. However, investors should remain cautious and consider all available information before making investment decisions.
References:
[1] https://www.tradingview.com/news/tradingview:4f6e8fc307f08:0-safety-insurance-group-director-acquires-2-000-shares/
[2] https://www.stocktitan.net/sec-filings/SAFT/form-4-safety-insurance-group-inc-insider-trading-activity-b8ab7529171c.html
[3] https://www.gurufocus.com/news/3053615/dennis-langwell-increases-stake-in-safety-insurance-group-inc
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