American Equity Investment Life Holding Co (AEL): Harley A Whitfield , director of American Equity Investment Life Holding Co sold 3,000 shares on Sep 19, 2016. The Insider selling transaction was reported by the company on Sep 27, 2016 to the Securities and Exchange Commission. The shares were sold at $18.00 per share for a total value of $54,000.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 5, 2016, Ronald James Grensteiner (Executive Vice President) purchased 1,770 shares at $14.08 per share price.On Jun 8, 2016, Alexander Meeker Clark (director) sold 5,000 shares at $16.66 per share price.Also, On Apr 8, 2016, Renee Denise Montz (Exec VP-Gen Counsel & Asst Sec) purchased 885 shares at $13.45 per share price.On Apr 8, 2016, Scott A. Samuelson (Vice President-Controller) purchased 3,000 shares at $13.45 per share price.
American Equity Investment Life Holding (AEL) witnessed a volatile trading activity on Thursday Sep 22, 2016 and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $18.13 and reached the intraday high at $18.32. The bulls started the profit booking and pushed the shares to intraday low of $17.935. The trading session was marked by a volume range of 5,97,414 shares exchanging hands. The 52-week high of the shares is $28.3 and the 52-week low is $12.65. The market cap of the company stands at $1,582 M and there are 8,79,97,986 shares in public circulation.
American Equity Investment Life Holding Company is engaged in the development and sale of fixed index and fixed rate annuity products. The Company issues fixed annuity and life insurance products through its wholly owned life insurance subsidiaries American Equity Investment Life Insurance Company (American Equity Life) American Equity Investment Life Insurance Company of New York and Eagle Life Insurance Company (Eagle Life). The Companys business consists primarily of the sale of fixed index and fixed rate annuities. The Companys products include Fixed Index Annuities Fixed Rate Annuities Withdrawal Options-Fixed Index and Fixed Rate Annuities and Life Insurance.