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A peek at American International Group Inc. (AIG): Who has invested in It?

American International Group Inc. (NYSE: AIG) is -9.94% lower on its value in year-to-date trading and has touched a low of $48.40 and a high of $65.73 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AIG stock was last observed hovering at around $52.29 in the last trading session, with the day’s loss setting it -1.08% off its average median price target of $60.00 for the next 12 months. It is also 34.35% off the consensus price target high of $78.00 offered by 13 analysts, but current levels are 8.55% higher than the price target low of $56.00 for the same period.

Currently trading at $51.21, the stock is -4.54% and -3.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.95 million and changing -2.07% at the moment leaves the stock -10.15% off its SMA200. AIG registered -4.65% loss for a year compared to 6-month loss of -17.20%.

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The stock witnessed a -5.64% gain in the last 1 month and extending the period to 3 months gives it a 3.25%, and is -5.48% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.28% over the week and 2.80% over the month.

American International Group Inc. (AIG) has around 36600 employees, a market worth around $39.33B and $57.17B in sales. Current P/E ratio is 3.35 and Fwd P/E is 8.03. Profit margin for the company is 22.20%. Distance from 52-week low is 5.82% and -22.09% from its 52-week high. The company has generated returns on investments over the last 12 months (11.70%).

American International Group Inc. (AIG) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for American International Group Inc. (AIG) is a “Overweight”. 13 analysts offering their recommendations for the stock have an average rating of 2.40, where 6 rate it as a Hold and 3 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

American International Group Inc. is expected to release its quarterly report on 11/03/2022.The EPS is expected to grow by 257.40% this year

American International Group Inc. (AIG) Top Institutional Holders

The shares outstanding are 790.90M, and float is at 758.27M with Short Float at 1.03%.

American International Group Inc. (AIG) Insider Activity

A total of 2 insider transactions have happened at American International Group Inc. (AIG) in the last six months, with sales accounting for 2 and purchases happening 0 times. The most recent transaction is an insider sale by AMERICAN INTERNATIONAL GROUP, the company’s 10% Owner. SEC filings show that AMERICAN INTERNATIONAL GROUP, sold 80,000,000 shares of the company’s common stock on Sep 19 at a price of $21.00 per share for a total of $1.68 billion. Following the sale, the insider now owns 501.14 million shares.

American International Group Inc. disclosed in a document filed with the SEC on Sep 01 that AMERICAN INTERNATIONAL GROUP, (10% Owner) bought a total of 720,000 shares of the company’s common stock. The trade occurred on Sep 01 and was made at $25.00 per share for $18.0 million. Following the transaction, the insider now directly holds 0.72 million shares of the AIG stock.

Still, SEC filings show that on Aug 24, Fato Luciana (EVP, GC, Comms & Govt Affairs) disposed off 17,000 shares at an average price of $54.01 for $0.92 million. The insider now directly holds 45,444 shares of American International Group Inc. (AIG).

American International Group Inc. (AIG): Who are the competitors?

The company’s main competitors (and peers) include Autoliv Inc. (ALV) that is trading -17.29% down over the past 12 months and Chubb Limited (CB) that is 2.58% higher over the same period. Cigna Corporation (CI) is 40.06% up on the 1-year trading charts.

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