Mraz Amerine & Associates Inc. Has $1.49 Million Position in General American Investors Company, Inc. (NYSE:GAM)

Mraz Amerine & Associates Inc. reduced its stake in shares of General American Investors Company, Inc. (NYSE:GAM) by 6.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,643 shares of the investment management company’s stock after selling 2,449 shares during the quarter. Mraz Amerine & Associates Inc. owned 0.14% of General American Investors worth $1,488,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC boosted its holdings in General American Investors by 22.1% in the fourth 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. Stolper Co grew its stake in General American Investors by 5.0% in the fourth quarter. Stolper Co now owns 5,779 shares of the investment management company’s stock valued at $248,000 after purchasing an additional 275 shares in the last quarter. Walleye Capital LLC grew its stake in General American Investors by 58.1% in the third quarter. Walleye Capital LLC now owns 17,055 shares of the investment management company’s stock valued at $702,000 after purchasing an additional 6,266 shares in the last quarter. Almitas Capital LLC boosted its stake in shares of General American Investors by 8.7% during the 3rd quarter. Almitas Capital LLC now owns 119,406 shares of the investment management company’s stock worth $4,663,000 after acquiring an additional 9,542 shares during the period. Finally, Royal Bank of Canada boosted its stake in shares of General American Investors by 9.9% during the 3rd quarter. Royal Bank of Canada now owns 118,272 shares of the investment management company’s stock worth $4,866,000 after acquiring an additional 10,620 shares during the period. 36.85% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at General American Investors

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

General American Investors Stock Performance

Shares of NYSE GAM traded down $0.18 during midday trading on Wednesday, hitting $44.92. 31,976 shares of the company’s stock were exchanged, compared to its average volume of 20,851. The company’s 50 day moving average price is $45.38 and its 200 day moving average price is $43.19. General American Investors Company, Inc. has a 12 month low of $38.40 and a 12 month high of $46.81.

General American Investors 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.