Insider Selling: General American Investors Co. Director Unloads 1,604 Shares of Stock (GAM)
General American Investors Co. (NYSE:GAM) Director Reis Siri Von sold 1,604 shares of the stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $36.56, for a total value of $58,642.24. Following the completion of the transaction, the director now directly owns 146 shares in the company, valued at approximately $5,338. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
General American Investors Co. (NYSE:GAM) traded down 0.37% during mid-day trading on Friday, hitting $36.345. The stock had a trading volume of 43,104 shares. General American Investors Co. has a 1-year low of $32.30 and a 1-year high of $37.44. The stock has a 50-day moving average of $36.94 and a 200-day moving average of $35.40. The company has a market cap of $1.077 billion and a price-to-earnings ratio of 5.26.
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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