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 $770,000 were purchased by RICE JOHN G on Feb 13 ’25. At $77.00 per share, RICE JOHN G acquired 10,000 shares. The insider’s holdings grew to 10,000 shares worth approximately $0.75 million following the completion of this transaction.
Also, Inglis John C purchased 11 shares, netting a total of over 787 in proceeds. Following the buying of shares at $72.16 each, the insider now holds 1,344 shares.
Before that, AMERICAN INTERNATIONAL GROUP, had sold 121,956,256 shares from its account. In a trade valued at $3,838,012,159, the 10% Owner traded American International Group Inc shares for $31.47 each. Upon closing the transaction, the insider’s holdings decreased to 121,956,256 shares, worth approximately $9.58 billion.
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 -0.86%. Over the course of the year, American International Group Inc shares have jumped approximately 3.41%. Shares of the company reached a 52-week high of $77.25 on 02/13/25 and a 52-week low of $69.24 on 01/10/25. A 50-day SMA is recorded $73.65, while a 200-day SMA reached $75.19. Nevertheless, trading volume fell to 4.19 million shares from 4.31 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 74.12, which, if violated, would cause prices to drop to 72.97. In the upper region, resistance lies at 76.12. The next price resistance is at 76.97. RSI (Relative Strength Index) is 53.44 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.25, which suggests the price will decrease in the coming days. Percent R is at 35.75%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
