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 Price Performance

Shares of AIG stock opened at $81.52 on Tuesday. American International Group, Inc. has a 12 month low of $69.00 and a 12 month high of $88.07. The company has a market capitalization of $48.54 billion, a P/E ratio of -39.19, a P/E/G ratio of 1.01 and a beta of 0.63. The stock has a 50 day moving average of $80.57 and a two-hundred day moving average of $76.75. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.21.

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

American International Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were paid a dividend of $0.40 per share. The ex-dividend date was Monday, March 17th. This represents a $1.60 annualized dividend and a yield of 1.96%. American International Group’s dividend payout ratio is -76.92%.

Insiders Place Their Bets

In related news, Director John G. Rice bought 10,000 shares of the company’s stock in a transaction on Thursday, February 13th. The shares were purchased at an average cost of $77.00 per share, for a total transaction of $770,000.00. Following the acquisition, the director now owns 10,000 shares of the company’s stock, valued at approximately $770,000. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.61% of the company’s stock.

Institutional Investors Weigh In On American International Group

A number of institutional investors have recently made changes to their positions in AIG. Duncker Streett & Co. Inc. bought a new stake in shares of American International Group in the 4th quarter valued at about $25,000. Asset Planning Inc acquired a new stake in American International Group in the fourth quarter worth $26,000. Ameriflex Group Inc. bought a new position in shares of American International Group during the fourth quarter worth $29,000. BankPlus Trust Department acquired a new position in shares of American International Group in the 4th quarter valued at $36,000. Finally, Whipplewood Advisors LLC acquired a new stake in American International Group during the 4th quarter worth $40,000. 90.60% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on AIG shares. BMO Capital Markets increased their price target on shares of American International Group from $75.00 to $83.00 and gave the stock a “market perform” rating in a research report on Thursday, March 13th. Evercore ISI raised their target price on American International Group from $81.00 to $89.00 and gave the stock an “in-line” rating in a research report on Tuesday, April 1st. Barclays dropped their price objective on American International Group from $98.00 to $92.00 and set an “overweight” rating for the company in a research note on Friday. Keefe, Bruyette & Woods lowered their target price on shares of American International Group from $98.00 to $94.00 and set an “outperform” rating on the stock in a report on Wednesday, April 9th. Finally, UBS Group cut their price target on shares of American International Group from $88.00 to $86.00 and set a “buy” rating for the company in a report on Tuesday, February 18th. Nine investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $87.65.

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.

About American International Group

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.