American International Group (NYSE:AIG) Insider Peter Zaffino Sells 36,829 Shares

American International Group, Inc. (NYSE:AIG) insider Peter Zaffino sold 36,829 shares of the company’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $76.14, for a total transaction of $2,804,160.06. Following the completion of the sale, the insider owned 556,004 shares in the company, valued at approximately $42,334,144.56. This trade represents a 6.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Peter Zaffino also recently made the following trade(s):

• On Wednesday, August 12th, Peter Zaffino sold 200,000 shares of American International Group stock. The shares were sold at an average price of $76.47, for a total transaction of $15,294,000.00.

American International Group Stock Performance

Shares of AIG opened at $76.05 on Friday. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.23. The business’s 50 day moving average price is $77.55 and its 200-day moving average price is $76.90. American International Group, Inc. has a 52 week low of $71.25 and a 52 week high of $87.29. The stock has a market cap of $39.77 billion, a P/E ratio of 13.90, a P/E/G ratio of 0.70 and a beta of 0.53.

American International Group (NYSE:AIG) last posted its quarterly earnings results on Thursday, August 6th. The insurance provider reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.92 by $0.08. American International Group had a return on equity of 11.03% and a net margin of 11.13%.The company had revenue of $7.08 billion for the quarter, compared to the consensus estimate of $7.25 billion. During the same quarter in the prior year, the business posted $1.81 EPS. Equities research analysts anticipate that American International Group, Inc. will post 8.01 earnings per share for the current fiscal year.

American International Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Wednesday, September 16th. American International Group’s dividend payout ratio is currently 36.56%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on AIG. Weiss Ratings raised American International Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 2nd. Royal Bank Of Canada raised their price objective on shares of American International Group from $85.00 to $87.00 and gave the company a “sector perform” rating in a research note on Monday. Morgan Stanley decreased their target price on shares of American International Group from $82.00 to $81.00 and set an “equal weight” rating for the company in a report on Wednesday. Wells Fargo & Company dropped their target price on shares of American International Group from $89.00 to $85.00 and set an “equal weight” rating on the stock in a research note on Monday. Finally, JPMorgan Chase & Co. increased their price target on shares of American International Group from $86.00 to $90.00 and gave the company a “neutral” rating in a report on Monday, July 20th. Seven investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $88.39.

American International Group News Summary

Here are the key news stories impacting American International Group this week:

• Positive Sentiment: AIG introduced a Parametric Cloud Outage Solution, designed to provide predetermined payments when cloud-service disruptions meet specified conditions. The offering expands the insurer’s cyber coverage and could support future growth as businesses seek protection against cloud-related interruptions. AIG Expands Cyber Insurance Offering to Help Businesses Manage Cloud Outage Risks
• Positive Sentiment: KBW maintained a Buy rating on AIG, while Royal Bank of Canada raised its price target to $87. These views indicate that some analysts see additional upside from current trading levels. KBW Remains a Buy on American International Group Royal Bank of Canada Increases AIG Price Target
• Neutral Sentiment: Morgan Stanley lowered its AIG price target from $82 to $81 and kept an Equal Weight rating. The revised target still implied roughly 6.5% upside based on the referenced price, but the reduction signals more limited near-term conviction. Morgan Stanley AIG analyst update
• Neutral Sentiment: AIG appointed a 15-year company veteran to lead its North American cyber and professional liability business. The move may support execution in a strategically important insurance segment, although no immediate financial impact was disclosed. AIG taps veteran to head cyber and professional liability
• Negative Sentiment: Chief Executive Peter Zaffino sold a combined 236,829 AIG shares for approximately $18.1 million, reducing his holdings. Because both transactions were conducted under a pre-arranged Rule 10b5-1 plan, the sales may reflect scheduled diversification rather than a change in his outlook, but they can nevertheless weigh on sentiment.
• Neutral Sentiment: Analyst opinions on AIG remain mixed, suggesting the stock lacks a clear consensus catalyst despite its moderate valuation and continued analyst price targets above the referenced market price. Analysts’ Opinions Are Mixed on AIG

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD lifted its position in American International Group by 39.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,371,853 shares of the insurance provider’s stock valued at $1,400,613,000 after purchasing an additional 4,661,246 shares during the period. Franklin Resources Inc. grew its position in American International Group by 36.9% in the 4th quarter. Franklin Resources Inc. now owns 15,618,321 shares of the insurance provider’s stock worth $1,336,147,000 after purchasing an additional 4,210,363 shares during the period. Hotchkis & Wiley Capital Management LLC raised its stake in American International Group by 22.0% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 10,256,290 shares of the insurance provider’s stock valued at $805,529,000 after buying an additional 1,846,979 shares during the last quarter. Bank of New York Mellon Corp raised its stake in American International Group by 6.1% during the 1st quarter. Bank of New York Mellon Corp now owns 8,237,375 shares of the insurance provider’s stock valued at $619,862,000 after buying an additional 474,035 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in shares of American International Group by 10.8% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 7,482,558 shares of the insurance provider’s stock valued at $640,133,000 after buying an additional 731,802 shares during the period. 90.60% of the stock is owned by hedge funds and other institutional investors.

About American International Group

American International Group, Inc (AIG) is a global insurance holding company that provides a broad range of property-casualty insurance, specialty insurance, and risk management solutions to institutional, commercial and individual customers. Through its operating subsidiaries, AIG underwrites commercial and personal lines products—ranging from general liability, property, and casualty coverages to specialty lines such as professional liability, surety, cyber and marine—along with related services designed to help clients manage and transfer risk.

The company also has a long history in life insurance, retirement solutions and asset management through businesses that have been restructured or separated over time.