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 purchased 1,080 shares of the stock in a transaction that occurred on Thursday, October 24th. The stock was acquired at an average cost of $46.09 per share, with a total value of $49,777.20. Following the completion of the acquisition, the vice president now directly owns 84,916 shares of the company’s stock, valued at $3,913,778.44. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Central Securities Price Performance

CET stock opened at $46.80 on Friday. The company’s 50 day moving average is $45.41 and its two-hundred day moving average is $43.72. Central Securities Co. has a twelve month low of $34.58 and a twelve month high of $47.05.

Institutional Investors Weigh In On Central Securities

Several hedge funds and other institutional investors have recently bought and sold shares of CET. International Assets Investment Management LLC purchased a new position in shares of Central Securities during the third quarter worth about $54,760,000. Raymond James & Associates boosted its position in shares of Central Securities by 1.0% in the 3rd quarter. Raymond James & Associates now owns 99,620 shares of the company’s stock valued at $4,567,000 after purchasing an additional 962 shares during the period. Blue Bell Private Wealth Management LLC grew its stake in Central Securities by 2.0% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 95,565 shares of the company’s stock worth $4,207,000 after buying an additional 1,911 shares during the last quarter. Matisse Capital acquired a new position in Central Securities during the first quarter worth approximately $2,506,000. Finally, Sanctuary Advisors LLC purchased a new stake in Central Securities in the second quarter valued at approximately $2,169,000. 8.68% of the stock is currently owned by institutional investors and hedge funds.

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.