Insider Buying: General American Investors Inc. (GAM) CEO Acquires $67,574.00 in Stock
General American Investors Inc. (NYSE:GAM) CEO Jeffrey W. Priest bought 2,600 shares of General American Investors stock in a transaction on Wednesday, November 16th. The shares were purchased at an average cost of $25.99 per share, for a total transaction of $67,574.00. Following the completion of the purchase, the chief executive officer now directly owns 62,585 shares of the company’s stock, valued at $1,626,584.15. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of General American Investors Inc. (NYSE:GAM) opened at 30.43 on Monday. The stock has a market capitalization of $819.30 million, a P/E ratio of 8.87 and a beta of 1.18. The stock has a 50 day moving average of $31.58 and a 200-day moving average of $31.79. General American Investors Inc. has a 1-year low of $26.37 and a 1-year high of $33.38.
About General American Investors
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