Safeguard Scientifics, Inc. (NYSE:SFE – Get Rating) major shareholder Thomas A. Satterfield, Jr. purchased 13,646 shares of Safeguard Scientifics stock in a transaction that occurred on Wednesday, May 25th. The shares were bought at an average cost of $3.79 per share, for a total transaction of $51,718.34. Following the completion of the transaction, the insider now directly owns 476,904 shares in the company, valued at approximately $1,807,466.16. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Safeguard Scientifics stock traded up $0.06 during midday trading on Friday, hitting $4.28. 27,568 shares of the company were exchanged, compared to its average volume of 37,785. The company’s fifty day moving average price is $4.47 and its 200-day moving average price is $5.92. Safeguard Scientifics, Inc. has a fifty-two week low of $3.32 and a fifty-two week high of $8.98. The company has a market cap of $71.16 million, a PE ratio of -86.40 and a beta of 1.05.
Separately, StockNews.com began coverage on Safeguard Scientifics in a research report on Saturday, May 21st. They set a “hold” rating on the stock.
About Safeguard Scientifics (Get Rating)
Safeguard Scientifics, Inc no longer investing. It is a private equity and venture capital firm specializing in expansion financings, growth capital, management buyouts, recapitalizations, industry consolidations, corporate spinouts, growth stage, and early stage financings. It initially invests in a Series A-C round and opportunistically in a seed round.
- Get a free copy of the StockNews.com research report on Safeguard Scientifics (SFE)
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