Andrew J. O’neill Buys 1,080 Shares of Central Securities Co. (NYSE:CET) Stock

Central Securities Co. (NYSE:CET) VP Andrew J. O’neill bought 1,080 shares of Central Securities stock in a transaction that occurred on Thursday, October 24th. The stock was purchased at an average price of $46.09 per share, with a total value of $49,777.20. Following the purchase, the vice president now directly owns 84,916 shares in the company, valued at $3,913,778.44. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Central Securities Stock Performance

Shares of NYSE CET traded up $0.54 during trading on Friday, reaching $47.00. 5,561 shares of the company traded hands, compared to its average volume of 31,359. Central Securities Co. has a 12-month low of $34.58 and a 12-month high of $47.05. The firm’s fifty day simple moving average is $45.36 and its 200 day simple moving average is $43.68.

Hedge Funds Weigh In On Central Securities

Institutional investors and hedge funds have recently modified their holdings of the business. Wolverine Asset Management LLC increased its stake in shares of Central Securities by 5,584.1% in the 2nd quarter. Wolverine Asset Management LLC now owns 4,661 shares of the company’s stock valued at $205,000 after purchasing an additional 4,579 shares in the last quarter. Raymond James Trust N.A. purchased a new stake in Central Securities in the second quarter valued at approximately $222,000. Wittenberg Investment Management Inc. purchased a new stake in Central Securities in the first quarter valued at approximately $217,000. Evanson Asset Management LLC increased its position in shares of Central Securities by 12.4% during the second quarter. Evanson Asset Management LLC now owns 5,576 shares of the company’s stock worth $245,000 after acquiring an additional 615 shares during the period. Finally, Essex Financial Services Inc. purchased a new stake in shares of Central Securities during the second quarter worth $302,000. Hedge funds and other institutional investors 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.