Recent Insider Purchases Shine Spotlight on BYON and Central Securities
Two significant insider buys have emerged, highlighting investor confidence in Beyond (BYON) and Central Securities.
On Sunday, Marcus Lemonis, Executive Chairman of Beyond, reported to the SEC that he purchased 156,985 shares of BYON at $6.37 each, totaling an impressive $999,994. Today, BYON shares reached a high of $7.33, marking a 15.1% gain for Lemonis during trading. Overall, Beyond has risen about 10.1% today. This isn’t Lemonis’s first investment in BYON; he also bought shares twice in the past year, spending $349,258 at an average price of $15.18 per share.
Meanwhile, on Thursday, Vice President Andrew J. O’Neill invested $62,406 in Central Securities, buying 1,354 shares at $46.09 each. O’Neill’s previous purchase in the last twelve months was for $32,104 worth of shares at an average price of $40.13. Currently, Central Securities is up approximately 0.4% today, and O’Neill has already seen a 2.0% gain based on today’s high of $47.00.
VIDEO: Monday 10/28 Insider Buying Report: BYON, CET
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