American International Group Inc (NYSE: AIG) is -0.29% lower on its value in year-to-date trading and has touched a low of $66.06 and a high of $80.83 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 $70.84 in the last trading session, with the day’s gains setting it 1.75%.
Currently trading at $72.59, the stock is 0.60% and -2.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.83 million and changing 2.47% at the moment leaves the stock -3.55% off its SMA200. AIG registered 7.88% gain for a year compared to 6-month loss of -6.48%. The firm has a 50-day simple moving average (SMA 50) of $74.2862 and a 200-day simple moving average (SMA200) of $75.29215.
The stock witnessed a -1.43% gain in the last 1 month and extending the period to 3 months gives it a -6.01%, and is 0.17% up 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 2.32% over the week and 1.85% over the month.
American International Group Inc (AIG) has around 25200 employees, a market worth around $45.28B and $35.60B in sales. Current P/E ratio is 19.82 and Fwd P/E is 11.00. Profit margin for the company is 6.94%. Distance from 52-week low is 9.88% and -10.19% from its 52-week high. The company has generated returns on investments over the last 12 months (4.48%).
with sales reaching $6.74B over the same period.The EPS is expected to shrink by -25.46% this year, but quarterly earnings will post -42.41% year-over-year. Quarterly sales are estimated to shrink -31.44% in year-over-year returns.
American International Group Inc (AIG) Top Institutional Holders
1427.0 institutions hold shares in American International Group Inc (AIG), with institutional investors hold 94.65% of the company’s shares. The shares outstanding are 630.29M, and float is at 621.87M with Short Float at 1.30%. Institutions hold 94.41% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 68.08 million shares valued at $5.05 billion. The investor’s holdings represent 9.9734% of the AIG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 57.15 million shares valued at $4.24 billion to account for 8.3723 of the shares outstanding. The other top investors are CAPITAL RESEARCH GLOBAL INVESTORS which holds 41.75 million shares representing 6.116% and valued at over $3.1 billion, while STATE STREET CORP holds 4.2708 of the shares totaling 29.15 million with a market value of $2.16 billion.
American International Group Inc (AIG) Insider Activity
The most recent transaction is an insider purchase by Inglis John C, the company’s Director. SEC filings show that Inglis John C bought 11 shares of the company’s common stock on Dec 30 ’24 at a price of $72.16 per share for a total of $787.0. Following the purchase, the insider now owns 1344.0 shares.
American International Group Inc disclosed in a document filed with the SEC on Dec 09 ’24 that AMERICAN INTERNATIONAL GROUP, (10% Owner) sold a total of 121,956,256 shares of the company’s common stock. The trade occurred on Dec 09 ’24 and was made at $31.47 per share for $3.84 billion. Following the transaction, the insider now directly holds 127.28 million shares of the AIG stock.
Still, SEC filings show that on Nov 26 ’24, Inglis John C (Director) acquired 660 shares at an average price of $75.76 for $50002.0. The insider now directly holds 1,333 shares of American International Group Inc (AIG).
