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American Equity Investment Life Holding (NYSE:AEL) VP Jeffrey Lorenzen sold 5,000 shares of the company’s stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $25.70, for a total transaction of $128,500.00. Following the transaction, the vice president now directly owns 27,171 shares in the company, valued at approximately $698,295. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

American Equity Investment Life Holding (NYSE:AEL) last released its earnings data on Tuesday, November 5th. The company reported $0.80 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.46 by $0.34. The company had revenue of $572.90 million for the quarter, compared to the consensus estimate of $351.10 million. During the same quarter last year, the company posted $0.34 earnings per share.

A number of analysts have recently weighed in on AEL shares. Analysts at Jefferies Group raised their price target on shares of American Equity Investment Life Holding from $22.00 to $24.00 in a research note to investors on Wednesday, November 6th. They now have a “buy” rating on the stock. Separately, analysts at Raymond James downgraded shares of American Equity Investment Life Holding from a “strong-buy” rating to a “market perform” rating in a research note to investors on Wednesday, October 23rd. They now have a $23.00 price target on the stock. Finally, analysts at Sandler O’Neill downgraded shares of American Equity Investment Life Holding from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, October 9th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $23.66.

American Equity Investment Life Holding Company is engaged in the development and sale of fixed index and fixed rate annuity products.

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