7,875 Shares in General American Investors Company, Inc. (NYSE:GAM) Bought by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. bought a new position in shares of General American Investors Company, Inc. (NYSE:GAM) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 7,875 shares of the investment management company’s stock, valued at approximately $422,000.

Other large investors have also recently bought and sold shares of the company. Cornerstone Advisors LLC boosted its position in shares of General American Investors by 24.8% during the 2nd quarter. Cornerstone Advisors LLC now owns 441,951 shares of the investment management company’s stock valued at $21,974,000 after purchasing an additional 87,843 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in General American Investors in the second quarter valued at approximately $1,818,000. Shaker Financial Services LLC increased its holdings in General American Investors by 41.9% in the 2nd quarter. Shaker Financial Services LLC now owns 108,528 shares of the investment management company’s stock worth $5,396,000 after acquiring an additional 32,065 shares during the last quarter. Logan Stone Capital LLC lifted its stake in shares of General American Investors by 69.3% during the 2nd quarter. Logan Stone Capital LLC now owns 64,946 shares of the investment management company’s stock valued at $3,229,000 after buying an additional 26,595 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC boosted its holdings in shares of General American Investors by 3.7% in the second quarter. Blue Bell Private Wealth Management LLC now owns 675,276 shares of the investment management company’s stock worth $33,575,000 after acquiring an additional 24,196 shares during the period. 36.85% of the stock is currently owned by institutional investors.

General American Investors Stock Up 0.0 %

General American Investors stock opened at $52.76 on Monday. General American Investors Company, Inc. has a 1-year low of $39.12 and a 1-year high of $54.19. The firm’s 50 day simple moving average is $53.05 and its 200 day simple moving average is $50.48.

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.