General American Investors, Inc. (NYSE:GAM) CEO Jeffrey W. Priest purchased 5,000 shares of the stock in a transaction dated Tuesday, November 28th. The stock was acquired at an average cost of $33.49 per share, for a total transaction of $167,450.00. Following the completion of the transaction, the chief executive officer now owns 73,939 shares of the company’s stock, valued at approximately $2,476,217.11. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Shares of General American Investors, Inc. (NYSE GAM) traded up $0.10 during trading hours on Wednesday, hitting $33.50. The stock had a trading volume of 127,900 shares, compared to its average volume of 39,995. General American Investors, Inc. has a 12 month low of $30.62 and a 12 month high of $36.59.

The firm also recently declared an annual dividend, which will be paid on Friday, December 29th. Stockholders of record on Monday, November 13th will be given a $0.48 dividend. This is an increase from General American Investors’s previous annual dividend of $0.05. This represents a dividend yield of 1.33%. The ex-dividend date of this dividend is Friday, November 10th.

Several large investors have recently modified their holdings of the company. Columbia Asset Management grew its position in shares of General American Investors by 0.3% in the second quarter. Columbia Asset Management now owns 79,775 shares of the investment management company’s stock valued at $2,126,000 after purchasing an additional 250 shares during the last quarter. Deschutes Portfolio Strategy LLC grew its position in shares of General American Investors by 1.1% in the third quarter. Deschutes Portfolio Strategy LLC now owns 176,500 shares of the investment management company’s stock valued at $6,358,000 after purchasing an additional 2,000 shares during the last quarter. Doliver Capital Advisors LP grew its position in shares of General American Investors by 7.9% in the second quarter. Doliver Capital Advisors LP now owns 28,539 shares of the investment management company’s stock valued at $980,000 after purchasing an additional 2,100 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of General American Investors by 9.8% in the second quarter. PNC Financial Services Group Inc. now owns 25,132 shares of the investment management company’s stock valued at $862,000 after purchasing an additional 2,245 shares during the last quarter. Finally, First Manhattan Co. grew its position in shares of General American Investors by 14.8% in the second quarter. First Manhattan Co. now owns 18,812 shares of the investment management company’s stock valued at $646,000 after purchasing an additional 2,420 shares during the last quarter. 26.54% of the stock is currently owned by institutional investors.

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General American Investors Company Profile

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

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