General American Investors Company, Inc. (NYSE:GAM) CEO Jeffrey W. Priest Acquires 2,192 Shares

General American Investors Company, Inc. (NYSE:GAMGet Free Report) CEO Jeffrey W. Priest acquired 2,192 shares of the company’s stock in a transaction dated Thursday, May 23rd. The shares were acquired at an average cost of $24.67 per share, with a total value of $54,076.64. Following the completion of the purchase, the chief executive officer now owns 9,392 shares in the company, valued at $231,700.64. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

General American Investors Trading Down 1.5 %

Shares of GAM traded down $0.75 during mid-day trading on Thursday, reaching $47.80. 34,665 shares of the company’s stock were exchanged, compared to its average volume of 21,789. The company has a 50-day simple moving average of $46.31 and a two-hundred day simple moving average of $44.19. General American Investors Company, Inc. has a 52-week low of $39.12 and a 52-week high of $49.38.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. BNP Paribas purchased a new position in shares of General American Investors during the 1st quarter worth approximately $35,000. Authentikos Wealth Advisory LLC acquired a new position in shares of General American Investors during the 3rd quarter valued at $51,000. Matisse Capital acquired a new position in shares of General American Investors during the 1st quarter valued at $247,000. Stolper Co lifted its holdings in General American Investors by 5.0% in the 4th quarter. Stolper Co now owns 5,779 shares of the investment management company’s stock worth $248,000 after buying an additional 275 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in General American Investors by 6.8% in the 3rd quarter. Janney Montgomery Scott LLC now owns 6,892 shares of the investment management company’s stock worth $284,000 after buying an additional 440 shares in the last quarter. 36.85% of the stock is owned by hedge funds and other institutional investors.

General American Investors Company Profile

(Get Free Report)

General American Investors Company, Inc is a publicly owned investment manager. The firm invests in the public equity markets of United States. It invests in growth stocks of companies. It makes investments in Information Technology, Financials, Consumer Staples, Consumer Discretionary, Retailing, Communication Services, Industrials, Health Care, Energy and Materials.

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

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