General American Investors Co. Chairman Spencer Davidson Sells 4,000 Shares (GAM)
General American Investors Co. (NYSE:GAM) Chairman Spencer Davidson sold 4,000 shares of the company’s stock on the open market in a transaction dated Tuesday, May 20th. The stock was sold at an average price of $35.39, for a total transaction of $141,560.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
General American Investors Co. (NYSE:GAM) traded up 0.06% on Wednesday, hitting $35.24. The stock had a trading volume of 105,332 shares. General American Investors Co. has a one year low of $30.28 and a one year high of $36.04. The stock’s 50-day moving average is $35.29 and its 200-day moving average is $34.7. The company has a market cap of $1.044 billion and a P/E ratio of 5.08.
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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