General American Investors, Inc. (NYSE:GAM) Chairman Spencer Davidson acquired 5,000 shares of the business’s stock in a transaction dated Monday, December 18th. The stock was acquired at an average price of $34.18 per share, with a total value of $170,900.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Friday, December 15th, Spencer Davidson acquired 800 shares of General American Investors stock. The stock was acquired at an average price of $33.87 per share, with a total value of $27,096.00.
  • On Wednesday, December 13th, Spencer Davidson purchased 400 shares of General American Investors stock. The shares were purchased at an average price of $33.83 per share, with a total value of $13,532.00.

Shares of General American Investors, Inc. (NYSE GAM) traded up $0.34 on Monday, hitting $34.15. The company had a trading volume of 51,950 shares, compared to its average volume of 44,032. General American Investors, Inc. has a 52-week low of $31.01 and a 52-week high of $36.59.

The company also recently declared an annual dividend, which will be paid on Friday, December 29th. Investors 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 boost from General American Investors’s previous annual dividend of $0.05. The ex-dividend date is Friday, November 10th.

Several institutional investors and hedge funds have recently modified their holdings of the stock. Columbia Asset Management increased its position in shares of General American Investors by 0.3% during the second quarter. Columbia Asset Management now owns 79,775 shares of the investment management company’s stock worth $2,126,000 after purchasing an additional 250 shares in the last quarter. Deschutes Portfolio Strategy LLC increased its position in shares of General American Investors by 1.1% during the third quarter. Deschutes Portfolio Strategy LLC now owns 176,500 shares of the investment management company’s stock worth $6,358,000 after purchasing an additional 2,000 shares in the last quarter. Doliver Capital Advisors LP increased its position in shares of General American Investors by 7.9% during the second quarter. Doliver Capital Advisors LP now owns 28,539 shares of the investment management company’s stock worth $980,000 after purchasing an additional 2,100 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of General American Investors by 9.8% during the second quarter. PNC Financial Services Group Inc. now owns 25,132 shares of the investment management company’s stock worth $862,000 after purchasing an additional 2,245 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC purchased a new stake in General American Investors in the 3rd quarter valued at $117,000. Hedge funds and other institutional investors own 26.56% of the company’s stock.

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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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