Safeguard Scientifics, Inc (NYSE:SFE) was the recipient of unusually large options trading activity on Tuesday. Traders acquired 664 call options on the company. This is an increase of 797% compared to the typical daily volume of 74 call options.
NYSE:SFE opened at $12.69 on Wednesday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.06 and a current ratio of 1.06. Safeguard Scientifics has a 52 week low of $7.98 and a 52 week high of $13.60. The firm has a market capitalization of $252.68 million, a PE ratio of -16.70 and a beta of 0.93.
Safeguard Scientifics (NYSE:SFE) last posted its quarterly earnings data on Thursday, May 2nd. The asset manager reported $1.05 EPS for the quarter, beating the Zacks’ consensus estimate of $0.80 by $0.25. Equities research analysts forecast that Safeguard Scientifics will post 1.37 earnings per share for the current year.
Large investors have recently bought and sold shares of the company. BNP Paribas Arbitrage SA boosted its stake in shares of Safeguard Scientifics by 227.9% in the 1st quarter. BNP Paribas Arbitrage SA now owns 4,033 shares of the asset manager’s stock valued at $44,000 after purchasing an additional 2,803 shares during the last quarter. Requisite Energy Fund I LP bought a new stake in shares of Safeguard Scientifics in the 4th quarter valued at $97,000. JPMorgan Chase & Co. boosted its stake in shares of Safeguard Scientifics by 118.1% in the 1st quarter. JPMorgan Chase & Co. now owns 12,052 shares of the asset manager’s stock valued at $131,000 after purchasing an additional 6,525 shares during the last quarter. Salzhauer Michael boosted its stake in shares of Safeguard Scientifics by 29.1% in the 1st quarter. Salzhauer Michael now owns 20,405 shares of the asset manager’s stock valued at $221,000 after purchasing an additional 4,600 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its stake in shares of Safeguard Scientifics by 18.7% in the 1st quarter. Wells Fargo & Company MN now owns 24,485 shares of the asset manager’s stock valued at $265,000 after purchasing an additional 3,851 shares during the last quarter. 68.34% of the stock is currently owned by institutional investors.
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Safeguard Scientifics Company Profile
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.
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