Insider Selling: General American Investors Co. Chairman Sells 1,250 Shares of Stock (GAM)
General American Investors Co. (NYSE:GAM) Chairman Spencer Davidson sold 1,250 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $34.33, for a total value of $42,912.50. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
General American Investors Co. (NYSE:GAM) opened at 34.11 on Thursday. General American Investors Co. has a 1-year low of $29.66 and a 1-year high of $36.04. The stock has a 50-day moving average of $33.94 and a 200-day moving average of $34.21. The company has a market cap of $1.021 billion and a P/E ratio of 3.35.
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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