General American Investors Co. Director Sells $34,500 in Stock (GAM)
General American Investors Co. (NYSE:GAM) Director Trust Fbo Arthur Altschul, Jr. unloaded 1,000 shares of General American Investors Co. stock on the open market in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $34.50, for a total transaction of $34,500.00. Following the transaction, the director now directly owns 42,300 shares in the company, valued at approximately $1,459,350. The transaction was disclosed in a filing with the SEC, which is available at this link.
General American Investors Co. (NYSE:GAM) traded down 0.20% during mid-day trading on Thursday, hitting $34.21. The stock had a trading volume of 271,565 shares. General American Investors Co. has a 1-year low of $28.75 and a 1-year high of $36.04. The stock’s 50-day moving average is $34.43 and its 200-day moving average is $33.99. The company has a market cap of $1.003 billion and a P/E ratio of 4.10.
General American Investors Company, Inc is a diversified, closed-end management investment company. The primary objective of the Company is long-term capital appreciation.
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