General American Investors Co. Director Arthur G. Altschul, Jr. Sells 88,050 Shares (GAM)
General American Investors Co. (NYSE:GAM) Director Arthur G. Altschul, Jr. unloaded 88,050 shares of the company’s stock on the open market in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $35.32, for a total transaction of $3,109,926.00. 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 up 0.45% during mid-day trading on Tuesday, hitting $35.62. The stock had a trading volume of 13,844 shares. General American Investors Co. has a 52-week low of $30.28 and a 52-week high of $36.04. The stock’s 50-day moving average is $35.29 and its 200-day moving average is $34.71. The company has a market cap of $1.055 billion and a P/E ratio of 5.11.
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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