Insider Selling: S Craig Lindner Sells 40,000 Shares of American Financial Group Stock (AFG)
American Financial Group (NYSE:AFG) CEO S Craig Lindner sold 40,000 shares of American Financial Group stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $57.93, for a total transaction of $2,317,200.00. The sale was disclosed in a filing with the SEC, which is available at this link.
American Financial Group (NYSE:AFG) traded up 0.41% on Thursday, hitting $58.87. 143,133 shares of the company’s stock traded hands. American Financial Group has a 1-year low of $51.22 and a 1-year high of $60.00. The stock’s 50-day moving average is $57.97 and its 200-day moving average is $57.65. The company has a market cap of $5.252 billion and a P/E ratio of 11.92.
American Financial Group (NYSE:AFG) last released its earnings data on Monday, July 28th. The company reported $1.08 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.97 by $0.11. The company had revenue of $931.00 million for the quarter, compared to the consensus estimate of $845.50 million. During the same quarter in the prior year, the company posted $0.96 earnings per share. The company’s quarterly revenue was up 31.3% on a year-over-year basis. On average, analysts predict that American Financial Group will post $4.78 earnings per share for the current fiscal year.
Separately, analysts at Raymond James raised their price target on shares of American Financial Group from $60.00 to $62.00 in a research note on Thursday, July 17th. They now have an “outperform” rating on the stock.
American Financial Group, Inc (NYSE:AFG) is a holding company, which through subsidiaries, is engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses and in the sale of traditional fixed and fixed-indexed annuities in the individual, bank and education markets.
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