Shares of General American Investors Company, Inc. (NYSE:GAM – Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as $52.85 and last traded at $52.60, with a volume of 15310 shares trading hands. The stock had previously closed at $52.10.
General American Investors Stock Performance
The firm’s 50 day moving average is $50.76 and its 200 day moving average is $47.95.
Insider Activity
In other General American Investors news, VP Eugene S. Stark bought 1,973 shares of the firm’s stock in a transaction on Friday, June 14th. The shares were acquired at an average cost of $24.76 per share, for a total transaction of $48,851.48. Following the purchase, the vice president now directly owns 12,000 shares of the company’s stock, valued at $297,120. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 8.30% of the company’s stock.
Institutional Investors Weigh In On General American Investors
About General American Investors
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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