Where Do We Go From Here? American International Group, Inc. (AIG), Lam Research Corporation (LRCX)

LEONARDI THOMAS B, Executive Vice President, bought 2,500 shares of the American International Group, Inc. (NYSE:AIG) in an exchange that happened on May 4th, 2018. The stock was bought at an average price of $51.55 per share, amounting to a transaction worth $128,875. The purchase was made public in a document filed with the SEC. Additionally, Director STEENLAND DOUGLAS M bought 4,800 shares of this stock in a transaction that took place on May 4th, 2018. The stock was bought at an average price of $52.06 per share, for a total exchange amounting to $249,879. After the transaction, the Director STEENLAND DOUGLAS M currently holds 4,800 shares of the company’s stock, which is worth approximately $185232.

With this stock price’s latest movement, it is now -40.68% away from its 1-year high and 6.72% higher than its 1-year low price. In the past seven days, the stock price volatility for American International Group, Inc. was 5.23%, whereas its volatility in the past 30 days has been 3.99%. This public company’s stock also has a beta score of 1.57. When the beta value is less/more than 1, it can imply that the stock is less/more volatile than the wider stock market – a metric that traders will surely be keeping tabs on.

American International Group, Inc. (NYSE:AIG) most recently published its quarterly earnings results. The firm posted -$0.34 earnings per share (EPS) for the three-month period, missing analysts’ consensus estimate of $0.06 by $0.40. The publicly-traded organization reported revenue of $11,486.00 million for the quarter, compared to the average analyst forecast calling for $12,443.50 million, which was missing the analyst consensus estimate.

Shares of American International Group, Inc. (AIG) surged 3.38%, amounting to a gain of $1.26 per share, to finish the regular trading session at $38.59 on Wednesday 12/26/2018. After beginning the session at $37.33, shares of American International Group, Inc. reached as high as $38.62 during the day, while hitting a 1-day low of $36.54. Trade volume reached 6,111,714 shares against this stock’s average daily volume of 8.30M shares, with a total float of 883.82M. As a consequence of the price increase, American International Group, Inc. now has a current market value of 34.55B.

Lam Research Corporation (NASDAQ:LRCX) added 6.13% to its trading price by the close of the most recent session, jumping from its previous closing price of $123.28 to $130.84. This stock decreased in value by -5.14% during the last 7-day period, and experienced a loss of -9.10% over the past 30-day period. In the past three months, this stock’s price lost by -13.52% , and subtracted -24.77% to its price during the last six months of trading. LRCX demonstrated a yearly price loss of -29.92% , while its year-to-date (YTD) price performance has been down -28.92% . This stock’s price changed by +6.69% compared to its 90-day low, and moved down -19.67% comparing to its 90-day high price.

Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the LRCX stock as “Sell”. In the short-term, Lam Research Corporation (LRCX) has a 20-day average volume of 3,141,345 shares and short-term indicators sets the LRCX stock as “ 60% Sell ” on average basis. In the medium-term, LRCX stock has a 50-Day average volume of 3,248,316 shares and medium-term indicators gave the average rating of “ 100% Sell ”, while in the long-term period the FB stock has a 100-Day average volume of 3,020,712 shares. On average, long-term indicators rated the stock as “100% Sell ”. The overall picture from all short, medium and long-term indicators sets the LRCX stock as “88% Sell ” on average basis.

Recently, multiple brokerages have sent out reports on LRCX. Needham, for example, Initiated its rating on shares of Lam Research Corporation to a “Buy”, while setting a $180 price target on shares of the company’s stock, according to a research note from Friday December 21st, 2018. B. Riley FBR Downgrade their target price for this stock from $225 to $160, while giving the stock a “ Neutral” from “Buy ” rating, as stated in a research report from Monday, October 29th, 2018. Susquehanna, on the other hand, Downgrade a from “Positive ” to “ Neutral” rating on this stock in a research note dated Tuesday, October 23rd, 2018.

In other news related to Lam Research Corporation stock, 93.54% shares of LRCX held by institutions. The total number of institutions who held the LRCX shares was 1,181, according to most recent SEC filling. During the past quarter, total 145,162,602 shares held by institutions with the net change of -1,489,511 shares. In the meantime, 78 new institutions bought the shares of Lam Research Corporation for the first time and 165 institutions sold all their holdings in the company’s common stock. 462 institutions increased their investment in the LRCX stock and 591 institutions decreased their investment in the Lam Research Corporation (LRCX)’s stock during the last quarter.