General American Investors Co. Chairman Sells $114,300 in Stock (GAM)
General American Investors Co. (NYSE:GAM) Chairman Spencer Davidson unloaded 3,000 shares of General American Investors Co. stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $38.10, for a total transaction of $114,300.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
General American Investors Co. (NYSE:GAM) traded up 0.29% on Tuesday, hitting $38.24. 9,647 shares of the company’s stock traded hands. General American Investors Co. has a 1-year low of $32.30 and a 1-year high of $38.13. The stock’s 50-day moving average is $37.05 and its 200-day moving average is $35.83. The company has a market cap of $1.129 billion and a price-to-earnings ratio of 4.56.
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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