Gerald Hellerman, a director at High Income Securities Fund (NYSE:PCF), recently acquired 2,000 shares of the company’s common stock. This transaction, valued at $12,680, was executed on December 19, 2024, at a price of $6.34 per share. The timing appears strategic, as InvestingPro data shows the stock trading near its 52-week low of $6.19, while offering an impressive 11.74% dividend yield. Following this purchase, Hellerman’s total holdings amount to 37,259 shares. The transaction was documented in a filing submitted to the Securities and Exchange Commission. The company, currently valued at $120 million, has maintained dividend payments for 18 consecutive years and trades at a P/E ratio of 10.44. For deeper insights into PCF’s valuation and additional analysis, InvestingPro subscribers have access to more than 5 additional key metrics and ProTips.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.