In Thursday’s Wall Street session, American International Group Inc (NYSE:AIG) shares traded at $83.71, up 0.06% from the previous session.
AIG stock price is now 8.59% away from the 50-day moving average and 11.01% away from the 200-day moving average. The market capitalization of the company currently stands at $49.67B.
With the price target maintained at $93, HSBC Securities recently Upgraded its rating from Hold to Buy for American International Group Inc (NYSE: AIG). On January 08, 2025, Goldman Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock reducing its target price from $83 to quote $79, while ‘BMO Capital Markets’ rates the stock as ‘Market Perform’
In other news, RICE JOHN G, Director bought 10,000 shares of the company’s stock on Feb 13 ’25. The stock was bought for $770,000 at an average price of $77.00. Upon completion of the transaction, the Director now directly owns 10,000 shares in the company, valued at $0.84 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 30 ’24, Director Inglis John C bought 11 shares of the business’s stock. A total of $787 was incurred on buying the stock at an average price of $72.16. This leaves the insider owning 1,344 shares of the company worth $0.11 million. A total of 0.37% of the company’s stock is owned by insiders.
During the past 12 months, American International Group Inc has had a low of $69.00 and a high of $84.99. According to the stock market information, the enterprise value for the company is $43777900544, which is based on a 16.59 price-to-earnings ratio, a 0.79 price-to-earnings-growth ratio, and a beta of 0.67. The fifty day moving average price for AIG is $77.0876 and a two-hundred day moving average price translates $75.4088 for the stock.
The latest earnings results from American International Group Inc (NYSE: AIG) was released for 2024-12-31. The net profit margin was 9.95% and return on equity was 7.10% for AIG. The company reported revenue of $1.36 billion for the quarter, compared to $2.25 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -39.49 percent.
