1 insider bought €3,254 of shares over the last 90 days, the latest filed 30 Sept 2026.
Saul Centers, Inc. is a Real Estate company. Its directors and officers file their transactions with SEC (Form 4). In the past year (18 October 2025 to 18 October 2026), 20 filings came from 13 insiders.
Not one open-market sale was filed. On the buying side, 4 insiders reported 7 purchases totalling €172k. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. One trade stands out by size: a purchase of €86k from Pearson David Todd, disclosed on 13 November 2025. Among those who bought: 3 senior executives and 1 finance chief.
Compared with its exchange (5,458 companies, median 22 filings), a count of 20 filings is below the norm. Since 2021, the database holds 25 purchases and 3 sales by insiders of the company. The 10-K for the year ended 31 December 2025 shows 289.8 m USD of revenue and 37.5 m USD of net income and a dividend of 2.36 USD per share.
Within a 30-day window, 5 purchases overlapped with buying by a second insider. When several insiders buy within a few weeks of each other, analysts speak of a cluster purchase. The last purchase on record was published on 30 September 2026, which is 18 days ago. Typically, a trade is published a median of 1 day after it takes place. For comparison, the SEC allows two business days to file a Form 4.
For comparison within the same sector, see the insider buying recorded at Simon Property Group Inc /DE/ and Angel Oak Mortgage REIT, Inc. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Transparent value + quality ranking, distinct from the insider signal.
FY ended December 2025 · cache
25 of 163 declarations
Saul Centers, Inc. is a United States real estate investment trust (REIT) listed on the NYSE under the ticker BFS; its preferred shares of Series E trade under BFS-PE. Headquartered in Bethesda, Maryland, the company is a self-managed and self-administered REIT focused on neighborhood and community shopping centers as well as mixed-use properties. Built over time from a family-origin platform associated with the Saul name, the company has evolved into a regional retail-and-mixed-use landlord with a long-standing concentration on the East Coast of the United States, especially the Washington, DC/Baltimore metropolitan area.
Its business is organized around two core operating segments: Shopping Centers and Mixed-Use Properties. According to recent company disclosures, Saul Centers operates and manages a portfolio of roughly 61 properties, including community and neighborhood shopping centers, mixed-use assets, and a small land and development pipeline. Revenue is primarily generated from commercial rental income, supplemented by residential income at mixed-use projects and by value creation from development and redevelopment activities. The strategy is centered on well-located assets in dense trade areas, with strong household counts, convenient access, and a tenant base designed to support stable occupancy and recurring cash flow.
In competitive terms, Saul Centers is best viewed as a focused regional owner-operator rather than a large diversified national REIT. Its edge comes from local market knowledge, disciplined capital allocation, and a portfolio mix that balances income stability with selective development upside. Many of its centers are anchored by essential or traffic-driving tenants, which helps support occupancy and makes the portfolio comparatively resilient. For investors, the key analytical considerations remain the same as for most listed retail REITs: consumer spending trends, refinancing costs, interest-rate sensitivity, lease spreads, and the pace at which redevelopment projects contribute to earnings.
Recent developments have been centered on the company’s Twinbrook Quarter Phase I mixed-use project, where Saul Centers continued leasing residential units and building out retail space during 2025. The company’s quarterly releases also indicated revenue growth, although net income was pressured in the near term by the initial operating costs associated with new assets coming online. A notable strategic point is that more than 85% of property operating income is generated from the Washington, DC/Baltimore region, underscoring how geographically concentrated the platform remains. For global investors, Saul Centers represents a niche U.S. listed property company with a defensive income profile, a strong regional footprint, and a business model anchored in essential retail and mixed-use real estate.
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Dividend per share | Filing |
|---|---|---|---|---|---|
| Dec 2025 | 289.8 m USD | 37.5 m USD | 1.09 USD | 2.36 USD | 10-K |
| Dec 2024 | 268.8 m USD | 50.6 m USD | 1.63 USD | 2.36 USD | 10-K |
| Dec 2023 | 257.2 m USD | 52.7 m USD | 1.73 USD | 0.59 USD | 10-K |
| Dec 2022 | 245.9 m USD | 50.2 m USD | 1.63 USD | 2.32 USD | 10-K |
| Dec 2021 | 239.2 m USD | 48.4 m USD | 1.57 USD | 2.16 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.