Rep. Jefferson Shreve Purchases Shares of American International Group, Inc. (NYSE:AIG)

Representative Jefferson Shreve (R-Indiana) recently bought shares of American International Group, Inc. (NYSE:AIG). In a filing disclosed on April 11th, the Representative disclosed that they had bought between $15,001 and $50,000 in American International Group stock on March 13th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Harley-Davidson (NYSE:HOG) on 3/31/2025.
• Purchased $50,001 – $100,000 in shares of Block (NYSE:XYZ) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of DuPont de Nemours (NYSE:DD) on 3/31/2025.
• Purchased $15,001 – $50,000 in shares of United Community Banks (NASDAQ:UCB) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of IDEX (NYSE:IEX) on 3/31/2025.
• Purchased $15,001 – $50,000 in shares of HNI (NYSE:HNI) on 3/31/2025.
• Sold $50,001 – $100,000 in shares of ServiceNow (NYSE:NOW) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Coinbase Global (NASDAQ:COIN) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Constellation Energy (NASDAQ:CEG) on 3/31/2025.
• Sold $50,001 – $100,000 in shares of Simon Property Group (NYSE:SPG) on 3/31/2025.

American International Group Stock Up 0.7 %

Shares of AIG traded up $0.60 during trading hours on Wednesday, reaching $82.55. 568,933 shares of the stock traded hands, compared to its average volume of 4,456,432. American International Group, Inc. has a 52 week low of $69.00 and a 52 week high of $88.07. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.21. The stock has a fifty day simple moving average of $80.72 and a 200 day simple moving average of $76.79. The company has a market cap of $49.16 billion, a price-to-earnings ratio of -39.63, a PEG ratio of 1.01 and a beta of 0.63.

American International Group (NYSE:AIG) last issued its quarterly earnings results on Tuesday, February 11th. The insurance provider reported $1.30 EPS for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.03). American International Group had a negative net margin of 4.25% and a positive return on equity of 8.01%. On average, equities analysts forecast that American International Group, Inc. will post 6.24 EPS for the current year.

American International Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date was Monday, March 17th. American International Group’s payout ratio is currently -76.92%.

Insider Buying and Selling

In other news, Director John G. Rice acquired 10,000 shares of American International Group stock in a transaction on Thursday, February 13th. The stock was acquired at an average cost of $77.00 per share, for a total transaction of $770,000.00. Following the purchase, the director now owns 10,000 shares in the company, valued at $770,000. This trade represents a ? increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.61% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts have issued reports on AIG shares. Hsbc Global Res upgraded American International Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 5th. UBS Group reduced their price objective on shares of American International Group from $88.00 to $86.00 and set a “buy” rating for the company in a research note on Tuesday, February 18th. Morgan Stanley lifted their price target on American International Group from $76.00 to $82.00 and gave the company an “equal weight” rating in a research report on Friday, April 4th. BMO Capital Markets upped their price target on American International Group from $75.00 to $83.00 and gave the company a “market perform” rating in a research report on Thursday, March 13th. Finally, Jefferies Financial Group increased their target price on shares of American International Group from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Friday, April 11th. Nine investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, American International Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $87.65.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Miracle Mile Advisors LLC increased its position in shares of American International Group by 1.6% in the first quarter. Miracle Mile Advisors LLC now owns 8,094 shares of the insurance provider’s stock valued at $704,000 after acquiring an additional 124 shares during the period. Snowden Capital Advisors LLC boosted its holdings in American International Group by 1.4% in the fourth quarter. Snowden Capital Advisors LLC now owns 10,564 shares of the insurance provider’s stock valued at $769,000 after acquiring an additional 146 shares in the last quarter. Catalina Capital Group LLC increased its position in shares of American International Group by 5.1% during the fourth quarter. Catalina Capital Group LLC now owns 3,044 shares of the insurance provider’s stock valued at $222,000 after buying an additional 148 shares during the period. Laird Norton Wetherby Wealth Management LLC boosted its position in American International Group by 1.8% during the 4th quarter. Laird Norton Wetherby Wealth Management LLC now owns 8,799 shares of the insurance provider’s stock valued at $641,000 after acquiring an additional 152 shares in the last quarter. Finally, Pitcairn Co. boosted its position in shares of American International Group by 2.2% during the fourth quarter. Pitcairn Co. now owns 7,368 shares of the insurance provider’s stock valued at $536,000 after purchasing an additional 158 shares in the last quarter. Institutional investors own 90.60% of the company’s stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

American International Group Company Profile

American International Group, Inc offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers’ compensation, excess casualty, and crisis management insurance products; and professional liability insurance.