Insider Selling: Spencer Davidson Sells 1,000 Shares of General American Investors Co. Stock (GAM)
General American Investors Co. (NYSE:GAM) Chairman Spencer Davidson sold 1,000 shares of the stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $36.81, for a total value of $36,810.00. The sale was disclosed in a filing with the SEC, which is available at this link.
Shares of General American Investors Co. (NYSE:GAM) opened at 37.14 on Thursday. General American Investors Co. has a 52 week low of $31.81 and a 52 week high of $37.29. The stock’s 50-day moving average is $36.15 and its 200-day moving average is $35.04. The company has a market cap of $1.100 billion and a P/E ratio of 5.36.
General American Investors Company, Inc is a diversified, closed-end management investment company. The primary objective of the Company is long-term capital appreciation.