Insider Buying: Central Securities Co. (NYSE:CET) VP Buys 800 Shares of Stock

Central Securities Co. (NYSE:CET) VP Andrew J. O’neill purchased 800 shares of the firm’s stock in a transaction that occurred on Friday, April 19th. The stock was acquired at an average price of $40.13 per share, for a total transaction of $32,104.00. Following the completion of the purchase, the vice president now owns 83,639 shares of the company’s stock, valued at $3,356,433.07. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Central Securities Trading Down 0.1 %

CET opened at $40.87 on Thursday. The business’s fifty day moving average price is $40.17. Central Securities Co. has a one year low of $33.85 and a one year high of $41.99.

Institutional Trading of Central Securities

Institutional investors have recently bought and sold shares of the company. Harbor Investment Advisory LLC purchased a new stake in Central Securities during the first quarter worth $35,000. NBC Securities Inc. purchased a new stake in Central Securities during the third quarter worth $57,000. Evanson Asset Management LLC purchased a new stake in Central Securities during the first quarter worth $207,000. Quad Cities Investment Group LLC boosted its position in Central Securities by 3.7% during the fourth quarter. Quad Cities Investment Group LLC now owns 7,503 shares of the company’s stock worth $281,000 after purchasing an additional 268 shares in the last quarter. Finally, Accel Wealth Management boosted its position in Central Securities by 4.5% during the fourth quarter. Accel Wealth Management now owns 7,931 shares of the company’s stock worth $300,000 after purchasing an additional 341 shares in the last quarter. 8.68% of the stock is currently owned by hedge funds and other institutional investors.

About Central Securities

Central Securities Corp. is a publicly owned investment manager. The firm invests in the public equity markets of the United States. It also invests on bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations.