General Electric (GE) Sees More Insider Buying

November 21, 2008 11:29 AM EST
General Electric (NYSE: GE) Director Ralph Larsen bought 30,000 shares on 11/19 at prices from $14.79-$15.83, bringing his stake to 135,905 shares.

Shares of GE are up 2% today to $13.12, just above the 52-week low of $12.58. Last week, GE CEO Jeff Immelt and GE Capital head Michael Neal each bought 50,000 shares, but the stock has continued its free fall on concerns about its balance sheet and access to capital.

General Electric operates as a technology, media, and financial services company worldwide.

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