News articles about General American Investors (NYSE:GAM) have trended somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. General American Investors earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news articles about the investment management company an impact score of 46.7132997948109 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
GAM stock opened at $33.34 on Friday. General American Investors has a 52 week low of $32.20 and a 52 week high of $36.59.
In other General American Investors news, Director Rodney B. Berens sold 4,000 shares of the business’s stock in a transaction dated Thursday, January 25th. The shares were sold at an average price of $36.18, for a total transaction of $144,720.00. Following the sale, the director now directly owns 9,218 shares in the company, valued at approximately $333,507.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jeffrey W. Priest purchased 1,200 shares of the company’s stock in a transaction on Wednesday, March 21st. The shares were bought at an average price of $25.80 per share, for a total transaction of $30,960.00. Following the completion of the transaction, the chief executive officer now directly owns 1,200 shares in the company, valued at approximately $30,960. The disclosure for this purchase can be found here. Insiders have acquired a total of 5,668 shares of company stock worth $179,660 over the last 90 days. 7.04% of the stock is owned by insiders.
About General American Investors
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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