American International Group (AIG): The stock had negative money flow to the tune of ($3.04 million) on Tuesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $14.82 million, whereas, the outflow of money on downticks was $17.87 million and the ratio between the two was 0.83. The block trade had a negative net money flow of ($4.74 million). On the other hand, downticks amounted to $4.74 million of the traded value, which shows distribution in the stock by traders. American International Group (AIG) closed with marginal gains of 90 cents to end the day at $54.19, an increase of 1.69% over the previous days close. The stock recorded 2.23% for the week.
The company Insiders own 1.04% of American International Group shares according to the proxy statements. Institutional Investors own 85.68% of American International Group shares. In an insider trading activity, Fisher Peter R., director of American International Group Inc had purchased 4,280 shares on May 5, 2015 in a transaction. The price per share was $57.99 and the total amount of the disclosed transaction was $248,197.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
Shares of American International Group, Inc. appreciated by 5.17% during the last five trading days but lost 2.05% on a 4-week basis. American International Group, Inc. is up 0.7% in the last 3-month period. Year-to-Date the stock performance stands at -12.05%.
American International Group (NYSE:AIG): stock turned positive on Tuesday. Though the stock opened at $53.67, the bulls momentum made the stock top out at $54.28 level for the day. The stock recorded a low of $53.64 and closed the trading day at $53.86, in the green by 1.07%. The total traded volume for the day was 7,960,400. The stock had closed at $53.29 in the previous days trading.
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.