Mraz Amerine & Associates Inc. Decreases Stock Position in General American Investors Company, Inc. (NYSE:GAM)

Mraz Amerine & Associates Inc. cut its position in General American Investors Company, Inc. (NYSE:GAM) by 6.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,643 shares of the investment management company’s stock after selling 2,449 shares during the quarter. Mraz Amerine & Associates Inc.’s holdings in General American Investors were worth $1,488,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Lazard Asset Management LLC boosted its stake in General American Investors by 1.4% during the 1st quarter. Lazard Asset Management LLC now owns 1,314,303 shares of the investment management company’s stock valued at $55,818,000 after acquiring an additional 18,292 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its stake in General American Investors by 22.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 692,546 shares of the investment management company’s stock valued at $29,745,000 after acquiring an additional 125,281 shares during the last quarter. Blue Bell Private Wealth Management LLC boosted its stake in General American Investors by 1.3% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 634,708 shares of the investment management company’s stock valued at $26,112,000 after acquiring an additional 8,141 shares during the last quarter. Bank of America Corp DE boosted its stake in General American Investors by 5.1% during the 4th quarter. Bank of America Corp DE now owns 191,130 shares of the investment management company’s stock valued at $6,909,000 after acquiring an additional 9,234 shares during the last quarter. Finally, Shaker Financial Services LLC boosted its stake in General American Investors by 4.2% during the 3rd quarter. Shaker Financial Services LLC now owns 121,842 shares of the investment management company’s stock valued at $5,013,000 after acquiring an additional 4,947 shares during the last quarter. 36.85% of the stock is currently owned by hedge funds and other institutional investors.

General American Investors Trading Down 0.4 %

NYSE GAM traded down $0.18 during trading hours on Wednesday, reaching $44.92. 31,976 shares of the company traded hands, compared to its average volume of 20,851. General American Investors Company, Inc. has a 12 month low of $38.40 and a 12 month high of $46.81. The company has a 50 day moving average of $45.38 and a two-hundred day moving average of $43.19.

Insider Buying and Selling at General American Investors

In other General American Investors news, VP Eugene S. Stark purchased 2,500 shares of General American Investors stock in a transaction dated Wednesday, April 10th. The shares were bought at an average cost of $25.00 per share, for a total transaction of $62,500.00. Following the transaction, the vice president now owns 10,000 shares in the company, valued at approximately $250,000. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, CEO Jeffrey W. Priest acquired 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 3rd. The shares were acquired at an average price of $25.09 per share, with a total value of $100,360.00. Following the acquisition, the chief executive officer now directly owns 7,200 shares in the company, valued at $180,648. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Eugene S. Stark acquired 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, April 10th. The stock was purchased at an average cost of $25.00 per share, for a total transaction of $62,500.00. Following the acquisition, 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 have purchased 7,630 shares of company stock worth $207,312 in the last ninety days. 8.30% of the stock is owned by insiders.

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.