General American Investors, Inc. (NYSE:GAM) CEO Jeffrey W. Priest acquired 300 shares of the company’s stock in a transaction dated Friday, September 15th. The shares were purchased at an average price of $35.21 per share, with a total value of $10,563.00. Following the completion of the acquisition, the chief executive officer now owns 70,439 shares in the company, valued at $2,480,157.19. The purchase was disclosed in a filing with the SEC, which is available at this link.

General American Investors, Inc. (GAM) traded up 0.45% during mid-day trading on Tuesday, hitting $35.50. The stock had a trading volume of 10,530 shares. The firm’s 50-day moving average is $34.71 and its 200 day moving average is $34.20. The stock has a market cap of $951.79 million, a PE ratio of 6.26 and a beta of 1.19. General American Investors, Inc. has a one year low of $28.72 and a one year high of $35.50.

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Large investors have recently modified their holdings of the business. Janney Montgomery Scott LLC acquired a new stake in shares of General American Investors during the 2nd quarter valued at $200,000. Raymond James Trust N.A. acquired a new stake in shares of General American Investors during the 2nd quarter valued at $204,000. Citigroup Inc. boosted its stake in shares of General American Investors by 2,379.3% during the 2nd quarter. Citigroup Inc. now owns 13,686 shares of the investment management company’s stock valued at $470,000 after buying an additional 13,134 shares during the period. First Manhattan Co. boosted its stake in shares of General American Investors by 14.8% during the 2nd quarter. First Manhattan Co. now owns 18,812 shares of the investment management company’s stock valued at $646,000 after buying an additional 2,420 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in shares of General American Investors by 9.8% during the 2nd quarter. PNC Financial Services Group Inc. now owns 25,132 shares of the investment management company’s stock valued at $862,000 after buying an additional 2,245 shares during the period. 25.74% of the stock is owned by institutional investors.

General American Investors Company Profile

Insider Buying and Selling by Quarter for General American Investors (NYSE:GAM)

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