Representative Jefferson Shreve (R-Indiana) recently sold shares of American International Group, Inc. NYSE: AIG. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $15,001 and $50,000 in American International Group stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.
Representative Jefferson Shreve also recently made the following trade(s):
- Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
- Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
- Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
- Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
- Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
- Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
- Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
- Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
- Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
- Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.
American International Group Stock Performance
NYSE:AIG traded up $0.89 during midday trading on Friday, hitting $80.12. The company's stock had a trading volume of 4,476,835 shares, compared to its average volume of 4,154,542. American International Group, Inc. has a fifty-two week low of $69.00 and a fifty-two week high of $88.07. The firm's 50 day moving average is $83.43 and its 200-day moving average is $80.81. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.64 and a quick ratio of 0.64. The firm has a market cap of $46.17 billion, a P/E ratio of -30.12, a P/E/G ratio of 0.87 and a beta of 0.63.
American International Group (NYSE:AIG - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The insurance provider reported $1.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.04 by $0.13. American International Group had a negative net margin of 7.05% and a positive return on equity of 7.13%. The firm had revenue of $6.77 billion for the quarter, compared to analysts' expectations of $6.89 billion. During the same quarter last year, the company earned $1.25 EPS. Equities analysts anticipate that American International Group, Inc. will post 6.24 earnings per share for the current fiscal year.
American International Group Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Friday, June 13th were given a $0.45 dividend. This is a positive change from American International Group's previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a dividend yield of 2.25%. The ex-dividend date was Friday, June 13th. American International Group's dividend payout ratio (DPR) is presently -67.67%.
Institutional Investors Weigh In On American International Group
A number of institutional investors have recently made changes to their positions in the stock. Duncker Streett & Co. Inc. purchased a new position in American International Group in the 4th quarter valued at about $25,000. Ameriflex Group Inc. acquired a new stake in American International Group in the fourth quarter worth $29,000. Sachetta LLC boosted its position in shares of American International Group by 194.5% in the 1st quarter. Sachetta LLC now owns 377 shares of the insurance provider's stock valued at $33,000 after purchasing an additional 249 shares during the period. GFG Capital LLC acquired a new stake in shares of American International Group during the 2nd quarter valued at about $33,000. Finally, Barrett & Company Inc. bought a new position in American International Group in the 2nd quarter worth approximately $35,000. 90.60% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other American International Group news, EVP Christopher Flatt sold 46,182 shares of the business's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $83.26, for a total value of $3,845,113.32. Following the transaction, the executive vice president owned 21,400 shares of the company's stock, valued at approximately $1,781,764. The trade was a 68.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.50% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
A number of research analysts recently issued reports on the stock. Keefe, Bruyette & Woods lifted their price target on shares of American International Group from $94.00 to $97.00 and gave the stock an "outperform" rating in a research note on Thursday, May 8th. JPMorgan Chase & Co. restated a "neutral" rating and set a $91.00 price target (up previously from $83.00) on shares of American International Group in a research note on Tuesday, April 8th. Evercore ISI upped their target price on American International Group from $81.00 to $89.00 and gave the company an "in-line" rating in a report on Tuesday, April 1st. Wells Fargo & Company increased their price objective on American International Group from $81.00 to $82.00 and gave the company an "equal weight" rating in a research note on Tuesday, May 6th. Finally, Morgan Stanley raised their price objective on American International Group from $81.00 to $85.00 and gave the stock an "equal weight" rating in a report on Monday, May 19th. Nine equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, American International Group presently has an average rating of "Moderate Buy" and an average price target of $88.19.
View Our Latest Stock Report on AIG
About Representative Shreve
Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election.
Email editor@ballotpedia.org to notify us of updates to this biography.
Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive.
Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.
American International Group Company Profile
(
Get Free Report)
American International Group, Inc offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers' compensation, excess casualty, and crisis management insurance products; and professional liability insurance.
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