Safestore (LON:SAFE) Insider Simon Clinton Buys 6,166 Shares

Key Points

• Insider purchase: Director Simon Clinton bought 6,166 shares on 23 March at GBX 613 each, a total of £37,797.58.
• The stock opened at GBX 636.66 (down 0.7%), trades in a 12‑month range of GBX 525.50–849.50 and has a market cap of £1.39 billion with a P/E of 12.58.
• Business and recent results: Safestore is the UK’s largest self‑storage group with 190 stores across the UK and Europe; last quarter EPS was GBX 40.10, net margin 47.44%, and analysts forecast roughly GBX 42.69 EPS for the year.

Safestore Holdings Plc (LON:SAFE - Get Free Report) insider Simon Clinton acquired 6,166 shares of the stock in a transaction on Monday, March 23rd. The stock was bought at an average cost of GBX 613 per share, for a total transaction of £37,797.58.

Safestore Stock Down 0.7%

SAFE opened at GBX 636.66 on Monday. Safestore Holdings Plc has a twelve month low of GBX 525.50 and a twelve month high of GBX 849.50. The company's 50-day moving average price is GBX 773.04 and its two-hundred day moving average price is GBX 725.52. The stock has a market cap of £1.39 billion, a price-to-earnings ratio of 12.58, a PEG ratio of 2.05 and a beta of 1.12.

Safestore (LON:SAFE - Get Free Report) last posted its quarterly earnings results on Thursday, January 15th. The company reported GBX 40.10 EPS for the quarter. Safestore had a net margin of 47.44% and a return on equity of 4.88%. As a group, sell-side analysts anticipate that Safestore Holdings Plc will post 42.6926692 earnings per share for the current year.

Safestore Company Profile

Safestore is the UK's largest self storage group with 190 stores on 31 October 2023, comprising 133 wholly owned stores in the UK (including 73 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle, and Bristol), 29 wholly owned stores in the Paris region, 11 stores in Spain, 11 stores in the Netherlands and 6 stores in Belgium. In addition, the Group operates 7 stores in Germany under a Joint Venture agreement with Carlyle.

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