Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. American International Group Inc shares valued at $787 were purchased by Inglis John C on Dec 30 ’24. At $72.16 per share, Inglis John C acquired 11 shares. The insider’s holdings grew to 1,344 shares worth approximately $96001.92000000001 following the completion of this transaction.
Also, AMERICAN INTERNATIONAL GROUP, sold 121,956,256 shares, netting a total of over 3,838,012,159 in proceeds. Following the sale of shares at $31.47 each, the insider now holds 127,282,642 shares.
Before that, Inglis John C had added 660 shares to its account. In a trade valued at $50,002, the Director bought American International Group Inc shares for $75.76 each. Upon closing the transaction, the insider’s holdings increased to 660 shares, worth approximately $95216.19.
As published in a research note from Goldman on January 08, 2025, American International Group Inc [AIG] has been rated down from a Buy to a Neutral and the price target has been revised to $79 from $83. Analysts at BMO Capital Markets downgraded the stock from ‘”an Outperform”‘ to ‘”a Market perform”‘ outlook in a report released in mid October. As of October 10, 2024, JP Morgan has increased its “Neutral” rating to a “an Overweight” for AIG. Earlier on September 05, 2024, Barclays initiated its rating. Their recommendation was “an Overweight” for AIG stock.
Analyzing AIG Stock Performance
During the last five days, there has been a drop of approximately -1.88%. Over the course of the year, American International Group Inc shares have dropped approximately -1.88%. Shares of the company reached a 52-week high of $73.95 on 01/06/25 and a 52-week low of $69.50 on 01/08/25. A 50-day SMA is recorded $74.54, while a 200-day SMA reached $75.36. Nevertheless, trading volume fell to 6.85 million shares from 3.24 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 70.00, which, if violated, would cause prices to drop to 68.57. In the upper region, resistance lies at 72.36. The next price resistance is at 73.29. RSI (Relative Strength Index) is 38.54 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.20, which suggests the price will decrease in the coming days. Percent R is at 56.63%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
