Andrew J. O’Neill, Vice President of Central Securities Corp (NYSE:CET), has purchased 1,309 shares of the company’s common stock. The shares were acquired on January 6 at a price of $45.65 each, totaling approximately $59,755. Following this transaction, O’Neill directly owns 88,146 shares of Central Securities Corp. Additionally, there are 1,544 shares held indirectly by a child, as noted in the filing.
The insider purchase comes as Central Securities maintains its impressive 52-year streak of consecutive dividend payments, currently offering an attractive 9% yield. InvestingPro data shows the stock has delivered a robust 28% return over the past year, while maintaining relatively low price volatility. For deeper insights into insider trading patterns and additional financial metrics, investors can access more than 5 exclusive InvestingPro Tips.
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