General American Investors, Inc. (NYSE:GAM) Chairman Spencer Davidson purchased 400 shares of the stock in a transaction that occurred on Wednesday, December 13th. The shares were purchased at an average price of $33.83 per share, with a total value of $13,532.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

General American Investors, Inc. (NYSE GAM) traded up $0.14 during trading hours on Thursday, reaching $33.86. 23,200 shares of the company were exchanged, compared to its average volume of 43,730. General American Investors, Inc. has a 52 week low of $31.01 and a 52 week high of $36.59.

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

A number of large investors have recently bought and sold shares of the stock. Columbia Asset Management increased its position in General American Investors by 0.3% during the 2nd 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 period. Deschutes Portfolio Strategy LLC increased its position in General American Investors by 1.1% during the 3rd 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 period. Doliver Capital Advisors LP increased its position in General American Investors by 7.9% during the 2nd 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 period. PNC Financial Services Group Inc. increased its position in 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 purchasing an additional 2,245 shares during the period. Finally, Steward Partners Investment Advisory LLC purchased a new position in General American Investors during the 3rd quarter valued at $117,000. Institutional investors own 26.56% of the company’s stock.

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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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