Central Securities Co. (NYSE:CET) CEO John C. Hill Acquires 600 Shares of Stock

Central Securities Co. (NYSE:CET) CEO John C. Hill bought 600 shares of the company’s stock in a transaction dated Wednesday, October 30th. The stock was bought at an average cost of $46.71 per share, with a total value of $28,026.00. Following the completion of the transaction, the chief executive officer now owns 69,296 shares in the company, valued at approximately $3,236,816.16. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Central Securities Stock Up 0.7 %

NYSE:CET opened at $46.88 on Friday. Central Securities Co. has a 12 month low of $34.77 and a 12 month high of $47.38. The company has a 50-day moving average price of $45.66 and a 200-day moving average price of $43.92.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Wolverine Asset Management LLC lifted its position in Central Securities by 5,584.1% during the 2nd quarter. Wolverine Asset Management LLC now owns 4,661 shares of the company’s stock valued at $205,000 after acquiring an additional 4,579 shares during the period. Wittenberg Investment Management Inc. purchased a new position in Central Securities during the 1st quarter valued at about $217,000. Raymond James Trust N.A. purchased a new position in Central Securities during the 2nd quarter valued at about $222,000. Evanson Asset Management LLC lifted its position in Central Securities by 12.4% during the 2nd quarter. Evanson Asset Management LLC now owns 5,576 shares of the company’s stock valued at $245,000 after acquiring an additional 615 shares during the period. Finally, Essex Financial Services Inc. purchased a new position in Central Securities during the 2nd quarter valued at about $302,000. 8.68% of the stock is owned by hedge funds and other institutional investors.

Central Securities Company Profile

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.