New insider activity at F&G Annuities & Life Inc ( (FG) ) has taken place on March 27, 2025.
Director Celina J. Doka Wang has made a significant investment in F&G Annuities & Life Inc by purchasing 3,000 shares of the company’s stock, amounting to a total value of $105,720.
Recent Updates on FG stock
In the past 24 hours, F&G Annuities & Life Inc. experienced significant stock price declines, falling by approximately 11.3% to 11.8%. This downturn followed the announcement of an 8 million share secondary offering priced at $35.00, which was below the last closing price of $36.44. Despite the company’s strong 2024 financial results and record earnings, the market reacted negatively to the pricing of the secondary offering. Additionally, the company’s Q4 adjusted EPS of $1.12 fell short of the consensus estimate of $1.20, contributing to the downward pressure on the stock. The involvement of major financial institutions like BofA and JPMorgan as joint book-running managers for the offering did not mitigate the negative market sentiment.
More about F&G Annuities & Life Inc
YTD Price Performance: -14.87%
Average Trading Volume: 156,242
Technical Sentiment Signal: Strong Buy
Current Market Cap: $4.73B