Insider Selling: General American Investors Co. Chairman Sells 6,666 Shares of Stock (GAM)
General American Investors Co. (NYSE:GAM) Chairman Spencer Davidson sold 6,666 shares of the 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 $217,311.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
General American Investors Co. (NYSE:GAM) traded down 0.12% during mid-day trading on Wednesday, hitting $32.53. The stock had a trading volume of 62,612 shares. 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 $953.9 million and a P/E 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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