Central Securities Co. (NYSE:CET) CEO John C. Hill Purchases 600 Shares

Central Securities Co. (NYSE:CET - Get Free Report) CEO John C. Hill bought 600 shares of the business's stock in a transaction that occurred on Wednesday, October 30th. The shares were bought at an average price of $46.71 per share, with a total value of $28,026.00. Following the completion of the purchase, the chief executive officer now owns 69,296 shares in the company, valued at approximately $3,236,816.16. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Central Securities Trading Up 0.7 %

Central Securities stock traded up $0.33 during trading hours on Friday, hitting $46.88. The stock had a trading volume of 18,885 shares, compared to its average volume of 31,219. The company has a 50-day moving average of $45.66 and a two-hundred day moving average of $43.92. Central Securities Co. has a fifty-two week low of $34.77 and a fifty-two week high of $47.38.

Institutional Investors Weigh In On Central Securities

A number of institutional investors have recently bought and sold shares of the business. Cetera Advisors LLC acquired a new stake in Central Securities during the first quarter valued at approximately $606,000. International Assets Investment Management LLC acquired a new stake in Central Securities in the 3rd quarter valued at $54,760,000. Raymond James Trust N.A. bought a new stake in Central Securities in the second quarter valued at $222,000. Cetera Investment Advisers raised its stake in Central Securities by 3.2% during the second quarter. Cetera Investment Advisers now owns 37,700 shares of the company's stock worth $1,660,000 after acquiring an additional 1,161 shares in the last quarter. Finally, Wolverine Asset Management LLC lifted its holdings in shares of Central Securities by 5,584.1% during the second 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. 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.