Shares of American Financial Group (AFG) Sees Large Inflow of Net Money Flow

American Financial Group (AFG) : $3.13 million worth of transactions were on upticks in American Financial Group (AFG), compared to $2.57 million on downticks. The ratio between the two was 1.22, whereas, the net money flow stood at a healthy $0.56 million on Fridays session.The block trades show a bullish bias with only $1.04 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $1.48million worth of trades. The up-down ratio between the uptick and downtick was 1.42, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $0.44 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.05%. The stock was trading at $74.81, with a drop of $0.04 over the previous days close. The stock recorded 0.58% for the week.


The company Insiders own 14.9% of American Financial Group shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -29.14% . Institutional Investors own 60.1% of American Financial Group shares. During last six month period, the net percent change held by insiders has seen a change of -29.14%.

In a related news, The Securities and Exchange Commission has divulged that Peraino Vito C, officer (Senior VP & General Counsel) of American Financial Group Inc, had unloaded 2,450 shares at an average price of $75.09 in a transaction dated on September 1, 2016. The total value of the transaction was worth $183,971.

American Financial Group (NYSE:AFG): The stock opened at $75.04 and touched an intraday high of $75.14 on Friday. During the day, the stock corrected to an intraday low of $74.67, however, the bulls stepped in and pushed the price higher to close in the green at $75.07 with a gain of 0.29% for the day. The total traded volume for the day was 401,658. The stock had closed at $74.85 in the previous trading session.

American Financial Group (AFG) : Traders are bullish on American Financial Group (AFG) as it has outperformed the S&P 500 by a wide margin of 2.68% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.42%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.93% in the last 1 week, and is up 2.54% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

American Financial Group, Inc. (AFG) is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, provides property and casualty insurance, commercial products, and also engaged in the sale of fixed and fixed-indexed annuities in the retail, financial institutions and education markets. The Company operates in four segments: Property and casualty insurance, Annuity, Run-off long-term care and life, and Other. AFGs property and casualty operations provide a range of commercial coverages through the approximately 30 insurance businesses. AFG sells traditional fixed and fixed-indexed annuities in the retail, financial institutions and education markets through independent producers and through direct relationships with certain financial institutions. Run-off Long-term Care receives renewal premiums on its in-force block of life insurance policies.

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