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General American Investors Co. (NYSE:GAM) Director Trust Fbo Arthur G. Altschul, Jr. sold 4,995 shares of General American Investors Co. stock on the open market in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $32.60, for a total transaction of $162,837.00. Following the sale, the director now directly owns 36,758 shares of the company’s stock, valued at approximately $1,198,311. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of General American Investors Co. (NYSE:GAM) traded up 0.49% during mid-day trading on Wednesday, hitting $32.73. 53,489 shares of the company’s stock traded hands. General American Investors Co. has a one year low of $29.66 and a one year high of $36.04. The stock’s 50-day moving average is $34.26 and its 200-day moving average is $34.20. The company has a market cap of $959.8 million and a price-to-earnings ratio of 3.89.

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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