Pathstone Holdings LLC Sells 17,070 Shares of General American Investors Company, Inc. (NYSE:GAM)

Pathstone Holdings LLC decreased its holdings in General American Investors Company, Inc. (NYSE:GAM - Free Report) by 5.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 313,514 shares of the investment management company's stock after selling 17,070 shares during the quarter. Pathstone Holdings LLC owned 1.31% of General American Investors worth $15,990,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in GAM. Sit Investment Associates Inc. raised its stake in shares of General American Investors by 35.9% in the 4th quarter. Sit Investment Associates Inc. now owns 239,050 shares of the investment management company's stock valued at $12,194,000 after buying an additional 63,197 shares in the last quarter. Advisors Asset Management Inc. increased its position in shares of General American Investors by 139.7% during the 4th quarter. Advisors Asset Management Inc. now owns 66,603 shares of the investment management company's stock worth $3,397,000 after purchasing an additional 38,814 shares in the last quarter. Cohen & Steers Inc. increased its position in shares of General American Investors by 19.8% during the 4th quarter. Cohen & Steers Inc. now owns 222,069 shares of the investment management company's stock worth $11,328,000 after purchasing an additional 36,746 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new stake in shares of General American Investors during the 4th quarter worth about $1,564,000. Finally, Epoch Investment Partners Inc. increased its position in shares of General American Investors by 50.8% during the 4th quarter. Epoch Investment Partners Inc. now owns 65,216 shares of the investment management company's stock worth $3,327,000 after purchasing an additional 21,965 shares in the last quarter. Institutional investors and hedge funds own 36.85% of the company's stock.

Insider Buying and Selling

In other news, VP Eugene S. Stark bought 2,500 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The stock was acquired at an average price of $25.00 per share, for a total transaction of $62,500.00. Following the transaction, the vice president now directly owns 14,500 shares of the company's stock, valued at $362,500. This trade represents a 20.83% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Trust Fbo Altschul Arthur G, Jr. sold 2,000 shares of the stock in a transaction dated Tuesday, April 8th. The stock was sold at an average price of $24.62, for a total transaction of $49,240.00. The disclosure for this sale can be found here. In the last quarter, insiders bought 6,026 shares of company stock worth $149,931 and sold 32,599 shares worth $808,839. 8.33% of the stock is currently owned by corporate insiders.

General American Investors Trading Up 0.7%

Shares of General American Investors stock traded up $0.37 during mid-day trading on Friday, reaching $53.31. 19,184 shares of the stock were exchanged, compared to its average volume of 29,339. The firm has a 50-day simple moving average of $50.13 and a 200 day simple moving average of $51.29. General American Investors Company, Inc. has a fifty-two week low of $41.80 and a fifty-two week high of $55.44.

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.