Safety Insurance Group Jumps on $105-Per-Share Cash Buyout Deal

Safety Insurance Group (SAFT) is up 41.8% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is a newly announced agreement for Mapfre U.S.A. to acquire Safety Insurance Group in an all-cash transaction valued at about $1.54 billion. A takeover priced at $105 per share gives investors a clear valuation anchor, which typically pulls the stock price sharply higher toward the deal price while still leaving a small spread for closing risk and timing.

Details:

Mapfre disclosed that it entered a definitive agreement to buy Safety through a merger in which Safety would survive as a wholly owned subsidiary.

The transaction values Safety at about $1.54 billion, with Safety shareholders set to receive $105 per share in cash if the deal closes.

The buyer said both boards unanimously approved the deal, and the expected closing window is the first quarter of 2027, subject to shareholder and regulatory approvals.

The offer represented a sizable premium to Safety’s prior closing price, which helps explain why SAFT surged close to the deal value in trading.

Sources:

Mapfre, SEC, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$SAFT Insider Trading Activity

$SAFT insiders have traded $SAFT stock on the open market 10 times in the past 6 months. Of those trades, 0 have been purchases and 10 have been sales.

Here’s a breakdown of recent trading of $SAFT stock by insiders over the last 6 months:

CORP SRB has made 0 purchases and 10 sales selling 78,385 shares for an estimated $5,929,217.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$SAFT Hedge Fund Activity

We have seen 91 institutional investors add shares of $SAFT stock to their portfolio, and 91 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

STATE STREET CORP added 182,658 shares (+31.7%) to their portfolio in Q1 2026, for an estimated $13,268,277
UBS GROUP AG added 109,331 shares (+373.7%) to their portfolio in Q1 2026, for an estimated $7,941,803
GOLDMAN SACHS GROUP INC added 98,723 shares (+32.2%) to their portfolio in Q1 2026, for an estimated $7,171,238
PRICE T ROWE ASSOCIATES INC /MD/ removed 82,279 shares (-76.5%) from their portfolio in Q1 2026, for an estimated $5,976,746
QUBE RESEARCH & TECHNOLOGIES LTD added 58,160 shares (+58.8%) to their portfolio in Q1 2026, for an estimated $4,224,742
ADAGE CAPITAL PARTNERS GP, L.L.C. added 51,400 shares (+20.7%) to their portfolio in Q1 2026, for an estimated $3,733,696
Y-INTERCEPT (HONG KONG) LTD added 50,782 shares (+inf%) to their portfolio in Q2 2026, for an estimated $3,801,540

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.