Tuttle Tactical Management Has Raised Facebook (FB) Stake; American International Group (AIG)’s Sentiment Is 0.7

March 24, 2018 - By Ellis Scott

American International Group, Inc. provides insurance products for commercial, institutional, and individual clients primarily in the United States, Europe, and Japan. The company has market cap of $48.20 billion. The companyÂ’s Commercial Insurance segment offers general liability, environmental, commercial automobile liability, workersÂ’ compensation, excess casualty, and crisis management insurance products, as well as various risk-sharing and other customized structured programs; commercial, industrial, and energy-related property insurance; aerospace, political risk, trade credit, surety, and marine insurance; and various insurance products for small and medium sized enterprises. It currently has negative earnings. It also provides professional liability insurance products for a range of businesses and risks, including directors and officers liability, fidelity, employment practices, fiduciary liability, cybersecurity risk, kidnap and ransom, and errors and omissions insurance.

Tuttle Tactical Management Llc increased Facebook Inc (FB) stake by 30.75% reported in 2017Q3 SEC filing. Tuttle Tactical Management Llc acquired 2,488 shares as Facebook Inc (FB)’s stock rose 10.88%. The Tuttle Tactical Management Llc holds 10,579 shares with $1.81M value, up from 8,091 last quarter. Facebook Inc now has $463.03 billion valuation. The stock decreased 3.34% or $5.5 during the last trading session, reaching $159.39. About 53.61M shares traded or 89.71% up from the average. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since March 24, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Investors sentiment increased to 1.21 in Q3 2017. Its up 0.06, from 1.15 in 2017Q2. It increased, as 53 investors sold FB shares while 618 reduced holdings. 128 funds opened positions while 644 raised stakes. 1.63 billion shares or 0.88% more from 1.62 billion shares in 2017Q2 were reported. Natixis owns 0.14% invested in Facebook, Inc. (NASDAQ:FB) for 87,411 shares. Intrust Retail Bank Na has invested 1.26% of its portfolio in Facebook, Inc. (NASDAQ:FB). Villere St Denis J Ltd Limited Liability Company invested in 1,700 shares. Maverick Ltd invested in 3.29M shares or 7.13% of the stock. Oak Ridge Investments Ltd Limited Liability Company holds 0.99% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 142,153 shares. Brown Capital Mngmt Limited Liability Corp has invested 0.03% of its portfolio in Facebook, Inc. (NASDAQ:FB). Wealth Architects Ltd Limited Liability Company stated it has 94,850 shares or 5.64% of all its holdings. 6,400 are held by Carlton Hofferkamp & Jenks Wealth Management Limited Co. D L Carlson Inc has 0.73% invested in Facebook, Inc. (NASDAQ:FB). South Street Advsr Limited Co holds 3.31% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 99,775 shares. The Connecticut-based Halsey Assocs Inc Ct has invested 3.25% in Facebook, Inc. (NASDAQ:FB). Registered Invest Advisor Inc owns 15,318 shares. Dekabank Deutsche Girozentrale stated it has 958,477 shares. Cambridge Advsrs Inc holds 0.68% in Facebook, Inc. (NASDAQ:FB) or 295,047 shares. Moore Capital Mngmt Lp, a New York-based fund reported 973,577 shares.

Since September 26, 2017, it had 0 buys, and 40 selling transactions for $1.16 billion activity. Zuckerberg Mark had sold 220,000 shares worth $39.03 million. Shares for $7.14 million were sold by Schroepfer Michael Todd on Tuesday, January 9. $2.80M worth of Facebook, Inc. (NASDAQ:FB) was sold by Cox Christopher K. Stretch Colin sold $123,160 worth of stock. $9.75M worth of Facebook, Inc. (NASDAQ:FB) shares were sold by Sandberg Sheryl. Koum Jan had sold 1.25 million shares worth $221.33M. $2.66 million worth of stock was sold by Wehner David M. on Thursday, February 22.

Among 55 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 3 Hold. Therefore 91% are positive. Facebook had 241 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Rosenblatt on Thursday, November 5. The company was maintained on Thursday, July 30 by Mizuho. The firm earned “Buy” rating on Monday, July 17 by M Partners. The firm earned “Buy” rating on Thursday, October 19 by SunTrust. The firm has “Buy” rating by Robert W. Baird given on Monday, October 2. The firm has “Buy” rating by Wells Fargo given on Wednesday, September 27. The rating was maintained by Axiom Capital on Monday, April 4 with “Buy”. BMO Capital Markets maintained Facebook, Inc. (NASDAQ:FB) rating on Monday, September 11. BMO Capital Markets has “Hold” rating and $170.0 target. The firm earned “Buy” rating on Monday, July 24 by Canaccord Genuity. The stock has “Buy” rating by Credit Suisse on Thursday, November 2.

Analysts await American International Group, Inc. (NYSE:AIG) to report earnings on May, 2. They expect $1.33 EPS, down 2.21% or $0.03 from last year’s $1.36 per share. AIG’s profit will be $1.20B for 10.04 P/E if the $1.33 EPS becomes a reality. After $0.57 actual EPS reported by American International Group, Inc. for the previous quarter, Wall Street now forecasts 133.33% EPS growth.

Since January 1, 0001, it had 0 buys, and 2 selling transactions for $331,484 activity.

Starr International Co Inc holds 85.9% of its portfolio in American International Group, Inc. for 15.38 million shares. Spindletop Capital Llc owns 305,000 shares or 14.42% of their US portfolio. Moreover, Icahn Carl C has 12.42% invested in the company for 42.98 million shares. The Tennessee-based Nfc Investments Llc has invested 9.58% in the stock. Knightsbridge Asset Management Llc, a California-based fund reported 155,243 shares.

The stock decreased 2.55% or $1.4 during the last trading session, reaching $53.41. About 8.22 million shares traded or 17.06% up from the average. American International Group, Inc. (AIG) has risen 8.59% since March 24, 2017 and is uptrending. It has underperformed by 8.11% the S&P500.

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