CET

Insiders Were Right: CET Makes New 52-Week High

In trading on Wednesday, shares of Central Securities Corporation (Symbol: CET) touched a new 52-week high of $37.42/share. That's a 13.36% rise, or $4.41 per share from the 52-week low of $33.01 set back on 12/28/2022. That means at today's intraday high, any investor who purchased CET stock any time over the past 52 weeks has an unrealized gain, including company insiders.

Over the past six months, insiders have been scooping up shares, and those bets are now paying off handsomely. As summarized by the table below, CET has seen 2 different instances of insiders buying over the trailing six month period.

Purchased Insider Title Shares Price/Share Value
06/28/2023 Andrew J. O'neill Vice President 222 $35.79 $7,945.38
10/19/2023 Andrew J. O'neill Vice President 1,954 $35.80 $69,947.34
10/20/2023 John C. Hill CEO & President 200 $35.51 $7,102.00
10/25/2023 John C. Hill CEO & President 300 $35.15 $10,545.00

The chart below shows where CET has traded over the past year, with the 50-day and 200-day moving averages included.

Central Securities Corporation Moving Averages Chart

In afternoon trading on Wednesday, CET shares are changing hands at $37.35/share, slightly below the new 52-week high.

Ten Bargains You Can Buy Cheaper Than The Insiders Did »

Also see:
• Selling Calls For Income
• ASAP Options Chain
• EFT Historical Stock Prices

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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