Shares of General American Investors Company, Inc. (NYSE:GAM – Get Free Report) hit a new 52-week high on Monday . The stock traded as high as $46.95 and last traded at $46.76, with a volume of 16806 shares trading hands. The stock had previously closed at $46.33.
General American Investors Trading Up 1.2 %
The company has a 50 day moving average of $45.55 and a two-hundred day moving average of $43.56.
Insider Activity
In other General American Investors news, VP Eugene S. Stark bought 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, April 10th. The stock was acquired at an average cost of $25.00 per share, with a total value of $62,500.00. Following the completion of the purchase, the vice president now directly owns 10,000 shares in the company, valued at $250,000. The purchase was disclosed in a filing with the SEC, which is accessible through this link. In related news, CEO Jeffrey W. Priest acquired 4,000 shares of the business’s stock in a transaction on Wednesday, April 3rd. The shares were purchased at an average price of $25.09 per share, for a total transaction of $100,360.00. Following the acquisition, the chief executive officer now owns 7,200 shares in the company, valued at $180,648. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Eugene S. Stark bought 2,500 shares of the firm’s stock in a transaction on Wednesday, April 10th. The stock was purchased at an average price of $25.00 per share, with a total value of $62,500.00. Following the completion of the acquisition, the vice president now owns 10,000 shares of the company’s stock, valued at $250,000. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 7,230 shares of company stock worth $190,216. Corporate insiders own 8.30% of the company’s stock.
Institutional Investors Weigh In On General American Investors
General American Investors Company Profile
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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