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Phillip Goldstein, the Chairman and Secretary of Special Opportunities Fund, Inc. (NYSE:SPE), recently acquired 3,000 shares of the company's common stock. The transaction, which took place on April 4, 2025, was executed at a price of $13.80 per share, amounting to a total purchase value of $41,400. The purchase comes as the stock has declined over 11% in the past week, with InvestingPro data indicating oversold conditions. Following this acquisition, Goldstein's total holdings in the company increased to 34,822 shares. This transaction reflects his ongoing commitment to the fund, as indicated in the recent SEC filing. The company maintains a notable 9.9% dividend yield and has sustained dividend payments for 33 consecutive years, while trading at an attractive P/E ratio of 4.2. InvestingPro subscribers can access additional insights and 5 more exclusive ProTips about SPE's valuation and financial health.
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