Central Securities Corp (CET): John C Hill , Vice President of Central Securities Corp purchased 1,000 shares on Apr 15, 2016. The Insider buying transaction was reported by the company on Apr 18, 2016 to the Securities and Exchange Commission. The shares were purchased at $19.38 per share for a total value of $19,380.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 17, 2016, John C Hill (Vice President) purchased 1,000 shares at $18.83 per share price.On Mar 10, 2016, Leo Price Blackford (director) purchased 3,700 shares at $18.67 per share price.Also, On Dec 8, 2015, Simms C Browning (director) purchased 5,000 shares at $19.48 per share price.On Jun 26, 2015, Andrew J O’neill (Vice President) purchased 539 shares at $21.77 per share price.
Currently the company Insiders own 11.7% of Central Securities Corp. shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by 85.62%.Institutional Investors own 9.37% of Central Securities Corp. shares.During last six month period, the net percent change held by insiders has seen a change of 67.92%.
Central Securities Corporation is a non-diversified closed-end management investment company. The Company’s investment objective is long-term growth of capital. The Company invests primarily in common stocks but it may invest in bonds convertible bonds preferred stocks convertible preferred stocks warrants options real estate or short-term obligations of Governments banks and corporations. From time to time the Company also invests in securities the resale of which is restricted. It may also invest in exchange-traded securities that do not actively trade. The Company invests in various sectors including insurance technology hardware and equipment banking and finance semiconductor health care diversified industrial software and services energy and retailing among others.