American International Group, Inc. (NYSE:AIG) marched up 48.23% compared to a 52-week low price of $36.16. The shares were last seen trading 0.47% higher, taking the closing price at $53.6 on 6/19/2019. At a recent session, the prices were hovering between $53.4 and $53.94. This company shares are 4.59% off its target price of $56.06 and the current market capitalization stands at $46.92B. The recent change has given its price a 7.56% lead over SMA 50 and -4.9% deficit over its 52-week high. The stock witnessed 2.23% gains, 24.77% gains and 43.09% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found AIG’s volatility during a week at 1.24% and during a month it has been found around 1.57%.

What Does American International Group, Inc. (AIG) Do?

The company describes itself in regulatory filings as, “American International Group, Inc. engages in the provision of a range of property casualty insurance, life insurance, retirement products, and other financial services to commercial and individual customers. It operates through the following segments: General Insurance, Life and Retirement, Other Operations, and Legacy Portfolio. The General Insurance segment consists of insurance businesses in North America and International business areas. The Life and Retirement segment includes Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets. The Other Operations segment covers income from assets held by the company and other corporate subsidiaries. The Legacy Portfolio segment consists of run-off insurance lines and legacy investments. The company was founded by Cornelius Vander Starr in 1919 and is headquartered in New York, NY.” [Text can be found here: under company description.]

American International Group, Inc. (AIG) Top Holders

Institutional investors currently hold around $42.35 billion or 92.4% in AIG stock. Look at its top three institutional owners: Vanguard Group Inc owns $3.6 billion in American International Group, Inc., which represents roughly 7.67% of the company’s market cap and approximately 8.5% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 65,991,709 shares of the stock are valued at $3.52 billion. The third largest holder is Price T Rowe Associates Inc /Md/, which currently holds $2.29 billion worth of this stock and that ownership represents nearly 4.87% of its market capitalization.

American International Group, Inc. 13F Filings

At the end of March reporting period, 338 institutional holders increased their position in American International Group, Inc. (NYSE:AIG) by some 43,787,761 shares, 370 decreased positions by 46,388,761 and 148 held positions by 703,672,447. That puts total institutional holdings at 793,848,969 shares, according to SEC filings. The stock grabbed 77 new institutional investments totaling 6,909,058 shares while 82 institutional investors sold out their entire positions totaling 7,725,489 shares.

American International Group, Inc. (NYSE:AIG) Insider Trades

Multiple company employees have indulged in significant insider trading. American International Group, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Vaughan Therese M has acquired 1,000 shares of American International Group, Inc. (AIG) in the trading session dated May. 23, 2019. These shares are worth $51,710 and were traded at $51.71 each. The SEC filing shows that LEONARDI THOMAS B performed a purchase of 2,500 shares. The Executive Vice President added these shares by way of transaction on May. 04, 2018. The company’s shares were assimilated at $51.55 per share worth to an investment of some $128,875 to the account of LEONARDI THOMAS B.

Director, STEENLAND DOUGLAS M, purchased 4,800 common shares of American International Group, Inc. (AIG) in the open market. In a transaction dated May. 04, 2018, the shares were bought at an average price of $52.06, giving away a sum of $249,888. After this purchase, 4,800 common shares of AIG are directly owned by the insider, with total stake valued at $257,280.

In the transaction dated Feb. 28, 2018, a great number of shares sold came courtesy the Director; CORNWELL W DON disposed a total of 2,500 shares at an average price of $58.78, amounting to approximately $146,950. The insider now directly owns shares worth $.

American International Group, Inc. (AIG) Analyst Guide

Several analysts have released their opinion on American International Group, Inc. (NYSE:AIG), with 5 analysts believing it is a strong buy. Whereas 8 of them predict the stock is a hold. Also, there are 6 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.16 average brokerage recommendation [T1].