Carl Lindner (Insider Trades), co-CEO and co-president of American Financial Group Inc. (AFG), sold 100,000 shares of the company on Sept. 26. The average price per share was $75.14, for a total transaction of $7,514,000. American Financial Group is a holding company, and through the operations of Great American Insurance Group, American Financial 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. The company has a market cap of $6.42 billion.
Including the aforementioned transaction, Lindner sold 740,000 shares in 10 transactions since the end of 2012. There were 18 American Financial insider sells totaling 583,283 shares in 2016 to date. There were 24 insider sells of the company totaling 691,610 shares in 2015, and 14 insider sells totaling 295,858 shares in 2014. There were 28 insider sells totaling 836,128 shares in 2013. Overall, American Financial's month end price increased each year since 2013, however, the total number of insider sells and the total insider sell volume has not increased since then. For more information about insider trades with American Financial Group, click here. Continue Reading »