General American Investors Company, Inc. (NYSE:GAM – Get Free Report)’s share price reached 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 changing hands. The stock had previously closed at $46.33.
General American Investors Price Performance
The firm’s 50-day moving average is $45.55 and its 200 day moving average is $43.56.
Insider Transactions at General American Investors
In other news, VP Eugene S. Stark bought 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, April 10th. The shares were acquired at an average price of $25.00 per share, with a total value of $62,500.00. Following the transaction, the vice president now owns 10,000 shares in the company, valued at $250,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CEO Jeffrey W. Priest purchased 4,000 shares of the company’s stock in a transaction on Wednesday, April 3rd. The shares were purchased at an average cost of $25.09 per share, with a total value of $100,360.00. Following the completion of the transaction, the chief executive officer now owns 7,200 shares of the company’s stock, valued at approximately $180,648. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Eugene S. Stark acquired 2,500 shares of the firm’s stock in a transaction dated Wednesday, April 10th. The stock was purchased at an average cost of $25.00 per share, with a total value of $62,500.00. Following the transaction, the vice president now owns 10,000 shares in the company, valued at $250,000. The disclosure for this purchase can be found here. Insiders bought 7,230 shares of company stock valued at $190,216 over the last three months. Company insiders own 8.30% of the company’s stock.
Hedge Funds 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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