General American Investors Inc. (NYSE:GAM) CEO Jeffrey W. Priest bought 7,100 shares of the stock in a transaction dated Tuesday, November 15th. The shares were acquired at an average price of $29.48 per share, with a total value of $209,308.00. Following the completion of the purchase, the chief executive officer now directly owns 62,585 shares of the company’s stock, valued at $1,845,005.80. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

General American Investors Inc. (NYSE:GAM) opened at 30.37 on Friday. The firm has a market capitalization of $817.68 million, a P/E ratio of 8.85 and a beta of 1.18. General American Investors Inc. has a 1-year low of $26.37 and a 1-year high of $33.38. The company has a 50-day moving average price of $31.60 and a 200-day moving average price of $31.79.

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