Central Securities Co. (NYSE:CET) VP Purchases $32,104.00 in Stock

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

Central Securities Stock Up 1.4 %

Central Securities stock traded up $0.58 during trading hours on Monday, hitting $40.69. The stock had a trading volume of 22,761 shares, compared to its average volume of 39,876. The company’s 50-day simple moving average is $40.02. Central Securities Co. has a fifty-two week low of $33.85 and a fifty-two week high of $41.99.

Hedge Funds Weigh In On Central Securities

Several large investors have recently added to or reduced their stakes in CET. Bulldog Investors LLP raised its holdings in shares of Central Securities by 2.3% in the 4th quarter. Bulldog Investors LLP now owns 249,645 shares of the company’s stock worth $9,429,000 after buying an additional 5,562 shares in the last quarter. Shaker Financial Services LLC raised its holdings in shares of Central Securities by 1.4% in the 4th quarter. Shaker Financial Services LLC now owns 210,770 shares of the company’s stock worth $7,961,000 after buying an additional 2,884 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in shares of Central Securities by 0.7% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 209,056 shares of the company’s stock worth $7,411,000 after buying an additional 1,516 shares in the last quarter. Raymond James & Associates raised its holdings in shares of Central Securities by 1.9% in the 4th quarter. Raymond James & Associates now owns 107,307 shares of the company’s stock worth $4,053,000 after buying an additional 1,996 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of Central Securities in the fourth quarter valued at approximately $37,180,000. Institutional investors and hedge funds own 8.68% of the company’s stock.

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.