On November 26, 2024, John Inglis, a Director at American International Group Inc (AIG, Financial), purchased 660 shares of the company. Following this transaction, the insider now owns a total of 1,333.0629 shares. The purchase is documented in the SEC Filing.
American International Group Inc (AIG) is a leading global insurance organization. The company provides a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions.
The insider's recent purchase is part of a broader trend over the past year, during which John Inglis has acquired a total of 1,319 shares and has not sold any shares. The overall insider transaction history for American International Group Inc shows two insider buys and two insider sells over the past year.
On the day of the purchase, shares of American International Group Inc were trading at $75.76, giving the stock a market cap of $47,593.605 million. The stock's GF Value is estimated at $52.63, resulting in a price-to-GF-Value ratio of 1.44. This indicates that the stock is significantly overvalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company's past returns and growth, as well as future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
