General American Investors, Inc. (NYSE:GAM) Chairman Spencer Davidson bought 800 shares of the stock in a transaction dated Friday, December 15th. The shares were purchased at an average cost of $33.87 per share, for a total transaction of $27,096.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Spencer Davidson also recently made the following trade(s):

  • On Monday, December 18th, Spencer Davidson bought 5,000 shares of General American Investors stock. The shares were purchased at an average cost of $34.18 per share, for a total transaction of $170,900.00.
  • On Wednesday, December 13th, Spencer Davidson bought 400 shares of General American Investors stock. The shares were purchased at an average cost of $33.83 per share, for a total transaction of $13,532.00.

Shares of General American Investors, Inc. (NYSE:GAM) traded up $0.34 during trading hours on Monday, hitting $34.15. The stock had a trading volume of 51,950 shares, compared to its average volume of 44,032. General American Investors, Inc. has a one year low of $31.01 and a one year high of $36.59.

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

Several large investors have recently modified their holdings of GAM. Relative Value Partners Group LLC raised its position in shares of General American Investors by 19.0% during the third quarter. Relative Value Partners Group LLC now owns 479,748 shares of the investment management company’s stock worth $17,276,000 after purchasing an additional 76,448 shares during the period. Shaker Financial Services LLC raised its position in General American Investors by 38.2% in the 3rd quarter. Shaker Financial Services LLC now owns 247,950 shares of the investment management company’s stock valued at $8,931,000 after buying an additional 68,494 shares during the last quarter. Sit Investment Associates Inc. raised its position in General American Investors by 79.5% in the 3rd quarter. Sit Investment Associates Inc. now owns 137,031 shares of the investment management company’s stock valued at $4,936,000 after buying an additional 60,696 shares during the last quarter. Blue Bell Private Wealth Management LLC raised its position in General American Investors by 2.9% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 578,367 shares of the investment management company’s stock valued at $20,833,000 after buying an additional 16,314 shares during the last quarter. Finally, Citigroup Inc. raised its position in General American Investors by 2,379.3% in the 2nd quarter. Citigroup Inc. now owns 13,686 shares of the investment management company’s stock valued at $470,000 after buying an additional 13,134 shares during the last quarter. 26.56% of the stock is currently owned by institutional investors.

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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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