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American International Group Inc (AIG) Becoming More Attractive for Investors

American International Group Inc’s filing revealed that its Director Inglis John C acquired Company’s shares for reported $49867.0 on May 22 ’24. In the deal valued at $78.53 per share,635 shares were bought. As a result of this transaction, Inglis John C now holds 1,294 shares worth roughly $0.1 million.

Then, Inglis John C bought 9 shares, generating $792 in total proceeds. Upon buying the shares at $86.14, the Director now owns 1,988 shares.

Before that, RICE JOHN G bought 10,000 shares. American International Group Inc shares valued at $770,000 were divested by the Director at a price of $77.00 per share. As a result of the transaction, RICE JOHN G now holds 10,000 shares, worth roughly $0.79 million.

HSBC Securities upgraded its American International Group Inc [AIG] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Neutral”. BMO Capital Markets also remained covering AIG and has decreased its forecast on October 15, 2024 with a “Market perform” recommendation from previously “an Outperform” rating. JP Morgan revised its rating on October 10, 2024. It rated AIG as “an Overweight” which previously was an “a Neutral”.

Price Performance Review of AIG

On Friday, American International Group Inc [NYSE:AIG] saw its stock fall -8.41% to $78.95. Over the last five days, the stock has lost -5.58%. American International Group Inc shares have risen nearly 8.45% since the year began. Nevertheless, the stocks have risen 1.48% over the past one year. While a 52-week high of $88.07 was reached on 04/02/25, a 52-week low of $69.00 was recorded on 01/10/25. SMA at 50 days reached $79.59, while 200 days put it at $75.91.

Levels Of Support And Resistance For AIG Stock

The 24-hour chart illustrates a support level at 76.63, which if violated will result in even more drops to 74.31. On the upside, there is a resistance level at 82.92. A further resistance level may holdings at 86.88. The Relative Strength Index (RSI) on the 14-day chart is 39.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.07%. Stochastics %K at 56.24% 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 2025-03-14, growing by 5.85 million shares to a total of 16.23 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 10.37 million shares. There was a rise of 36.07%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on September 05, 2024 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $90 price target.

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