International Assets Investment Management LLC Buys Shares of 119,464 Central Securities Co. (NYSE:CET)

International Assets Investment Management LLC acquired a new stake in shares of Central Securities Co. (NYSE:CET - Free Report) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 119,464 shares of the company's stock, valued at approximately $54,760,000. International Assets Investment Management LLC owned 0.42% of Central Securities at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Wolverine Asset Management LLC boosted its position in Central Securities by 5,584.1% during the second quarter. Wolverine Asset Management LLC now owns 4,661 shares of the company's stock worth $205,000 after purchasing an additional 4,579 shares in the last quarter. Raymond James Trust N.A. acquired a new position in shares of Central Securities during the 2nd quarter worth about $222,000. Wittenberg Investment Management Inc. purchased a new position in Central Securities in the 1st quarter valued at about $217,000. Evanson Asset Management LLC increased its stake in Central Securities by 12.4% during the 2nd quarter. Evanson Asset Management LLC now owns 5,576 shares of the company's stock worth $245,000 after buying an additional 615 shares in the last quarter. Finally, Essex Financial Services Inc. acquired a new position in shares of Central Securities during the second quarter valued at approximately $302,000. 8.68% of the stock is owned by hedge funds and other institutional investors.

Central Securities Trading Up 0.7 %

CET traded up $0.35 on Monday, hitting $46.99. 21,251 shares of the company's stock were exchanged, compared to its average volume of 31,337. The firm has a 50-day moving average price of $45.41 and a 200-day moving average price of $43.75. Central Securities Co. has a fifty-two week low of $34.77 and a fifty-two week high of $47.18.

Insider Buying and Selling at Central Securities

In related news, VP Andrew J. O'neill acquired 1,080 shares of the stock in a transaction on Thursday, October 24th. The shares were bought at an average price of $46.09 per share, with a total value of $49,777.20. Following the completion of the purchase, the vice president now owns 84,916 shares of the company's stock, valued at approximately $3,913,778.44. This represents a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 10.30% of the stock is owned by insiders.

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.