American International Group Inc’s filing revealed that its Director Inglis John C acquired Company’s shares for reported $787.0 on Dec 30 ’24. In the deal valued at $72.16 per share,11 shares were bought. As a result of this transaction, Inglis John C now holds 1,344 shares worth roughly $97399.68.
Then, AMERICAN INTERNATIONAL GROUP, sold 121,956,256 shares, generating $3,838,012,159 in total proceeds. Upon selling the shares at $31.47, the 10% Owner now owns 127,282,642 shares.
Before that, Inglis John C bought 660 shares. American International Group Inc shares valued at $50,002 were divested by the Director at a price of $75.76 per share. As a result of the transaction, Inglis John C now holds 1,333 shares, worth roughly $96602.51.
BMO Capital Markets downgraded its American International Group Inc [AIG] rating to a Market perform from a an Outperform in a research note published on October 15, 2024; the price target was decreased to $84 from $90. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early October from “a Neutral” to “an Overweight”. Barclays began covering AIG with “an Overweight” recommendation on September 05, 2024. HSBC Securities revised its rating on May 15, 2024. It rated AIG as “a Hold” which previously was an “a Buy”.
Price Performance Review of AIG
On Monday, American International Group Inc [NYSE:AIG] saw its stock fall -0.47% to $72.47. Over the last five days, the stock has lost -0.73%. American International Group Inc shares have fallen nearly -0.45% since the year began. Nevertheless, the stocks have risen 5.60% over the past one year. While a 52-week high of $80.83 was reached on 01/06/25, a 52-week low of $66.06 was recorded on 01/06/25. SMA at 50 days reached $74.75, while 200 days put it at $75.40.
Levels Of Support And Resistance For AIG Stock
The 24-hour chart illustrates a support level at 71.87, which if violated will result in even more drops to 71.27. On the upside, there is a resistance level at 73.51. A further resistance level may holdings at 74.55. The Relative Strength Index (RSI) on the 14-day chart is 43.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 37.19%. Stochastics %K at 69.80% indicates the stock is a holding.
How much short interest is there in American International Group Inc?
A steep rise in short interest was recorded in American International Group Inc stocks on 2024-12-13, growing by 0.33 million shares to a total of 10.38 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 10.05 million shares. There was a rise of 3.21%, which implies that there is a positive sentiment for the stock.
