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Gabelli buys Gabelli multimedia (GGT) shares worth $644

Published 04/09/2025, 20:42
Gabelli buys Gabelli multimedia (GGT) shares worth $644
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Mario J. Gabelli, a director at Gabelli Multimedia Trust Inc (NYSE:GGT), acquired 152 shares of the company’s common stock on September 2, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were purchased at $4.24, totaling $644. The trust, currently valued at $142.44 million, offers an impressive 22.54% dividend yield and has maintained dividend payments for 16 consecutive years, according to InvestingPro data.

Following the transaction, Mr. Gabelli directly owns 1,020,654 shares of Gabelli Multimedia Trust Inc.

Additionally, the filing details indirect ownership of Gabelli Multimedia Trust Inc. shares through Associated Capital Group, Inc., Gabelli & Company Investment Advisers, Inc., GGCP, Inc., and GPJ Retirement Partners.

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