American Financial Group Inc (AFG) Files Form 4 Insider Selling : Carl H Iii Lindner Sells 100,000 Shares

American Financial Group Inc (AFG): Carl H Iii Lindner , Co-CEO & Co-President of American Financial Group Inc sold 100,000 shares on Sep 22, 2016. The Insider selling transaction was reported by the company on Sep 26, 2016 to the Securities and Exchange Commission. The shares were sold at $75.04 per share for a total value of $7,514,174.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 26, 2016, Terry S Jacobs (director) sold 400 shares at $75.57 per share price.On Sep 9, 2016, Vito C Peraino (Senior VP & General Counsel) sold 4,041 shares at $75.20 per share price.Also, On Sep 1, 2016, James E Evans (director) sold 15,000 shares at $75.16 per share price.On Aug 29, 2016, John B Berding (President of Subsidiary) sold 6,000 shares at $74.46 per share price.

American Financial Group Inc: On Thursday, Sep 22, 2016 heightened volatility was witnessed in American Financial Group Inc which led to swings in the share price. The shares opened for trading at $75.75 and hit $76.03 on the upside , eventually ending the session at $75.96, with a gain of 0.62% or 0.47 points. The heightened volatility saw the trading volume jump to 2,99,642 shares. The 52-week high of the share price is $75.8 and the company has a market cap of $6,600 M . The 52-week low of the share price is at $64.87.

American Financial Group Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.American Financial Group Inc is Upgraded by Sandler O’Neill to Buy. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Aug 12, 2016.

American Financial Group Inc. (AFG) is a holding company engaged primarily in property and casualty insurance businesses. The Company through Great American Insurance Group provides property and casualty insurance commercial products and also engaged in the sale of fixed and fixed-indexed annuities in the retail financial institutions and education markets. The Company operates in four segments: Property and casualty insurance Annuity Run-off long-term care and life and Other. AFG’s property and casualty operations provide a range of commercial coverages through the approximately 30 insurance businesses. AFG sells traditional fixed and fixed-indexed annuities in the retail financial institutions and education markets through independent producers and through direct relationships with certain financial institutions. Run-off Long-term Care receives renewal premiums on its in-force block of life insurance policies.

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