"the key to our success: service." "the key to our customers' success: safety." safety insurance was founded in 1979 with a belief that we would succeed as a company if customers were given the best possible service. as we've grown and expanded our product line to include a full range of property and casualty insurance products, staying committed to that belief has meant even more. at safety, we distribute our products exclusively through independent agents and we do everything in our power to make it easy for our agents and policyholders to do business with us. today, safety is the third largest private passenger automobile carrier, the third largest commercial automobile carrier, and the seventh largest homeowners carrier in massachusetts. we also have a growing presence in the new hampshire marketplace with personal and business products. together with our agents and partners, safety insurance remains a preferred provider of auto, homeowner and business insurance. we will continu
Company profile
Ticker
SAFT
Exchange
Website
CEO
George Murphy
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
SAFETY HOLDINGS INC
SEC CIK
Corporate docs
Subsidiaries
SAFETY INSURANCE COMPANY • SAFETY INDEMNITY INSURANCE COMPANY ...
IRS number
134181699
SAFT stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
23 Apr 24
DEF 14A
Definitive proxy
2 Apr 24
ARS
2023 FY
Annual report to shareholders
2 Apr 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Safety Insurance Group, Inc. Announces Fourth Quarter and Year Ended 2023 Results
27 Feb 24
10-Q
2023 Q3
Quarterly report
3 Nov 23
8-K
Safety Insurance Group, Inc. Announces Third Quarter 2023 Results and Declares Fourth Quarter 2023 Dividend
1 Nov 23
10-Q
2023 Q2
Quarterly report
4 Aug 23
8-K
Safety Insurance Group, Inc. Announces Second Quarter 2023 Results and Declares Third Quarter 2023 Dividend
2 Aug 23
8-K
Submission of Matters to a Vote of Security Holders
18 May 23
Latest ownership filings
3
Brian Siu-Gae Lam
26 Mar 24
4
Stephen Albert Varga
7 Mar 24
144
Notice of proposed sale of securities
6 Mar 24
4
Ann Marie McKeown
4 Mar 24
4
James Berry
4 Mar 24
4
Glenn Hiltpold
4 Mar 24
4
Stephen Albert Varga
4 Mar 24
4
Paul J Narciso
4 Mar 24
4
John Patrick Drago
4 Mar 24
4
George Murphy
4 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 30.89 mm | 30.89 mm | 30.89 mm | 30.89 mm | 30.89 mm | 30.89 mm |
Cash burn (monthly) | (no burn) | 228.42 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 1.57 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 29.32 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 128.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
78.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 169 |
Opened positions | 16 |
Closed positions | 16 |
Increased positions | 54 |
Reduced positions | 73 |
13F shares | Current |
---|---|
Total value | 787.62 bn |
Total shares | 11.71 mm |
Total puts | 500.00 |
Total calls | 3.90 k |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 2.13 mm | $145.06 bn |
SRB | 1.84 mm | $125.63 bn |
Vanguard | 1.62 mm | $110.79 bn |
Victory Capital Management | 1.16 mm | $78.78 bn |
Dimensional Fund Advisors | 742.37 k | $50.62 bn |
STT State Street | 555.13 k | $37.85 bn |
Geode Capital Management | 314.76 k | $21.47 bn |
Charles Schwab Investment Management | 206.69 k | $14.09 bn |
Renaissance Technologies | 199.60 k | $13.62 bn |
BK Bank Of New York Mellon | 195.61 k | $13.34 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
6 Mar 24 | Stephen Albert Varga | Common Stock | Sell | Dispose S | No | No | 79.35 | 900 | 71.42 k | 28,465 |
27 Feb 24 | John Daniel Jr. Farina | Common Stock | Grant | Acquire A | No | No | 0 | 1,000 | 0.00 | 3,000 |
27 Feb 24 | Mary Coffey Moran | Common Stock | Grant | Acquire A | No | No | 0 | 1,000 | 0.00 | 5,000 |
27 Feb 24 | Thalia Meehan | Common Stock | Grant | Acquire A | No | No | 0 | 1,000 | 0.00 | 8,000 |