American International Group Inc (NYSE: AIG) is 5.15% higher on its value in year-to-date trading and has touched a low of $57.02 and a high of $80.83 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AIG stock was last observed hovering at around $70.16 in the last trading session, with the day’s gains setting it 1.08%.
Currently trading at $71.24, the stock is -6.68% and -6.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.51 million and changing 1.54% at the moment leaves the stock -0.73% off its SMA200. AIG registered 17.38% gain for a year compared to 6-month gain of 3.35%.
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The stock witnessed a -4.77% loss in the last 1 month and extending the period to 3 months gives it a -10.92%, and is -9.83% 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 3.14% over the week and 2.29% over the month.
American International Group Inc (AIG) has around 25200 employees, a market worth around $45.87B and $42.04B in sales. Fwd P/E is 9.79. Profit margin for the company is -1.61%. Distance from 52-week low is 24.94% and -11.86% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.24%).
The EPS is expected to shrink by -14.16% this year.
American International Group Inc (AIG) Top Institutional Holders
The shares outstanding are 688.84M, and float is at 642.05M with Short Float at 1.38%.
American International Group Inc (AIG) Insider Activity
American International Group Inc disclosed in a document filed with the SEC on Jul 02 ’24 that AMERICAN INTERNATIONAL GROUP, (10% Owner) sold a total of 1,932,609 shares of the company’s common stock. The trade occurred on Jul 02 ’24 and was made at $29.20 per share for $56.43 million. Following the transaction, the insider now directly holds 292.27 million shares of the AIG stock.
Still, SEC filings show that on Jun 28 ’24, Inglis John C (Director) acquired 7 shares at an average price of $74.89 for $518.0. The insider now directly holds 666 shares of American International Group Inc (AIG).
