News articles about General American Investors (NYSE:GAM) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. General American Investors earned a news impact score of 0.19 on Accern’s scale. Accern also gave headlines about the investment management company an impact score of 46.8405945251963 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of General American Investors stock opened at $34.08 on Tuesday. General American Investors has a fifty-two week low of $32.20 and a fifty-two week high of $36.59.
In other news, CEO Jeffrey W. Priest acquired 1,200 shares of the company’s stock in a transaction dated Wednesday, March 21st. The stock was acquired at an average cost of $25.80 per share, for a total transaction of $30,960.00. Following the acquisition, the chief executive officer now directly owns 1,200 shares in the company, valued at approximately $30,960. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jeffrey W. Priest acquired 4,000 shares of the company’s stock in a transaction dated Thursday, February 8th. The shares were purchased at an average price of $33.16 per share, with a total value of $132,640.00. Following the completion of the acquisition, the chief executive officer now owns 79,226 shares in the company, valued at $2,627,134.16. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 5,668 shares of company stock valued at $179,660. Insiders own 7.04% of the company’s stock.
General American Investors Company Profile
General American Investors Company, Inc is a publicly owned investment manager. The firm invests in the public equity markets. It invests in growth stocks of companies. The firm employs fundamental analysis with a bottom-up stock picking approach to make its investments. General American Investors Company, Inc was founded in 1927 and is based in New York, New York.
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