Tidal Investments LLC sold 7.6% of its AIG shares, while other investors increased their stakes in the company.

Several institutional investors have adjusted their holdings in American International Group (AIG) during the third quarter, with Tidal Investments LLC selling 7.6% of its shares. Wellington Management Group and Prana Capital Management increased their stakes significantly. AIG's stock opened at $72.87 on Friday, and the company has a market cap of $45.45 billion. Analysts project AIG will post earnings of $5.12 per share for the current year, with a "Moderate Buy" rating and a target price of $84.80.

3 months ago
6 Articles