Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. American International Group Inc shares valued at $520 were purchased by Inglis John C on Sep 30 ’24. At $72.76 per share, Inglis John C acquired 7 shares. The insider’s holdings grew to 673 shares worth approximately $53294.869999999995 following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, AMERICAN INTERNATIONAL GROUP, sold 5,000,000 shares, netting a total of over 144,300,000 in proceeds. Following the sale of shares at $28.86 each, the insider now holds 279,238,898 shares.
Before that, American International Group, had added 5,000,000 shares to its account. In a trade valued at $135,900,000, the 10% Owner bought American International Group Inc shares for $27.18 each.
As published in a research note from BMO Capital Markets on October 15, 2024, American International Group Inc [AIG] has been rated down from an Outperform to a Market perform and the price target has been revised to $84 from $90. Analysts at JP Morgan upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in early October. As of September 05, 2024, Barclays has initiated its “an Overweight” rating for AIG. Earlier on May 15, 2024, HSBC Securities downgraded its rating. Their new recommendation was “a Hold” for AIG stock which previously was a “a Buy”.
Analyzing AIG Stock Performance
During the last five days, there has been a surge of approximately 3.48%. Over the course of the year, American International Group Inc shares have jumped approximately 16.89%. Shares of the company reached a 52-week high of $80.83 on 05/10/24 and a 52-week low of $66.06 on 01/18/24. A 50-day SMA is recorded $74.20, while a 200-day SMA reached $74.26. Nevertheless, trading volume fell to 5.2 million shares from 3.14 million shares the previous day.
Support And Resistance Levels for American International Group Inc (AIG)
According to the 24-hour chart, there is a support level at 78.18, which, if violated, would cause prices to drop to 77.17. In the upper region, resistance lies at 79.72. The next price resistance is at 80.26. RSI (Relative Strength Index) is 67.85 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.39, which suggests the price will increase in the coming days. Percent R is at 0.77%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
