general electric chairman and ceo larry culp bought ge stock on may 2 taking advantage of recent decline with an openmarket purchase investors hope that’s a positive signal about what’s to come for shares investors in another large us industrial company would love a similar signal from its ceo monday culp purchased 65000 ge ticker ge shares worth 484 million that brings his direct ownership of ge stock to about 211000 shares ge’s proxy statement lists 22 million shares for culp in all “stockbased holdings”