Central Securities Co. (NYSE:CET) VP Andrew J. O’neill Buys 800 Shares of Stock

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

Central Securities Trading Up 1.4 %

Shares of CET stock opened at $40.69 on Tuesday. Central Securities Co. has a fifty-two week low of $33.85 and a fifty-two week high of $41.99. The company has a 50-day moving average price of $40.06.

Hedge Funds Weigh In On Central Securities

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Harbor Investment Advisory LLC purchased a new stake in shares of Central Securities in the 1st quarter valued at $35,000. NBC Securities Inc. acquired a new stake in Central Securities during the 3rd quarter worth about $57,000. Evanson Asset Management LLC purchased a new position in shares of Central Securities during the 1st quarter valued at about $207,000. Quad Cities Investment Group LLC lifted its holdings in shares of Central Securities by 3.7% in the 4th quarter. Quad Cities Investment Group LLC now owns 7,503 shares of the company’s stock valued at $281,000 after buying an additional 268 shares during the period. Finally, Accel Wealth Management boosted its stake in shares of Central Securities by 4.5% in the fourth quarter. Accel Wealth Management now owns 7,931 shares of the company’s stock worth $300,000 after buying an additional 341 shares during the last quarter. 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.