Large Outflow of Money Witnessed in American International Group

American International Group (NYSE:AIG) During the most recent session, the shares traded at 0.08 points or 0.15% higher at $55.07. The money flow data is unimpressive with the net money flow value of $(-3.43) million. As per the intraday data, the upticks measured $8.37 million and the downticks measured $11.8 million. As a result, the up/down ratio registered a value of 0.71. The shares have seen -3.82% price change for the week.A block trade also made an entry with $0.58 million flowing in through upticks while $4.26 million flew out through downticks. The block tradeoff had the up/down ratio of 0.14. The net money flow for this big transaction was $(-3.67) million.


Currently the company Insiders own 1.04% of American International Group shares according to the proxy statements. Institutional Investors own 72.12% of American International Group shares. On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of American International Group Inc, Fisher Peter R. had purchased shares worth of $248,197 in a transaction dated on May 5, 2015. A total of 4,280 shares were purchased at a price of $57.99 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

American International Group (NYSE:AIG) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.59 points or 1.07% at $54.4 with 5,452,981 shares getting traded. Post opening the session at $54.61, the shares hit an intraday low of $54.37 and an intraday high of $55.14 and the price was in this range throughout the day. The company has a market cap of $60,875 million and the number of outstanding shares have been calculated to be 1,119,032,380 shares. The 52-week high of American International Group (NYSE:AIG) is $64.93 and the 52-week low is $50.2.

Many analysts have stated their opinion on the company shares. Major Brokerage house, Wells Fargo upgrades its ratings on American International Group (NYSE:AIG). According to the latest information available, the shares are now rated Outperform by the analysts at the agency. Previously, the analysts had a Market Perform rating on the shares. The rating by the firm was issued on May 17, 2016.

American International Group, Inc. (AIG) is an insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services. Its various offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. The Companys AIG Global Benefits Network provides administrative and marketing services to insurance companies offering benefit solutions to multinational employers. AIG Global Benefits Network can develop global benefit plan solutions for multinational clients by tapping the coverage options offered by carriers throughout the network. AIG operates through two segments: Commercial Insurance and Consumer Insurance. Commercial Insurance is a provider of insurance products and services for commercial and institutional customers.

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