Athene Holding Ltd (NYSE:ATH) Director Manfred Puffer sold 10,000 shares of Athene stock in a transaction dated Friday, March 9th. The shares were sold at an average price of $52.92, for a total transaction of $529,200.00. Following the completion of the transaction, the director now directly owns 55,728 shares of the company’s stock, valued at $2,949,125.76. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Athene Holding Ltd (ATH) traded up $0.13 during trading on Monday, reaching $52.50. 3,485,410 shares of the company’s stock were exchanged, compared to its average volume of 1,691,046. The firm has a market cap of $10,550.00 and a price-to-earnings ratio of 7.07. Athene Holding Ltd has a 52-week low of $45.15 and a 52-week high of $55.22.
Athene (NYSE:ATH) last posted its earnings results on Wednesday, February 21st. The insurance provider reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.46. The firm had revenue of $861.00 million during the quarter, compared to analyst estimates of $884.38 million. Athene had a net margin of 16.47% and a return on equity of 12.97%. During the same period in the previous year, the business posted $1.80 EPS. sell-side analysts expect that Athene Holding Ltd will post 5.22 EPS for the current year.
Institutional investors have recently bought and sold shares of the business. American International Group Inc. acquired a new position in Athene during the 4th quarter valued at about $116,000. Envestnet Asset Management Inc. boosted its stake in Athene by 661.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,014 shares of the insurance provider’s stock valued at $162,000 after purchasing an additional 2,618 shares during the period. Public Employees Retirement Association of Colorado boosted its stake in Athene by 147.0% during the 3rd quarter. Public Employees Retirement Association of Colorado now owns 3,379 shares of the insurance provider’s stock valued at $182,000 after purchasing an additional 2,011 shares during the period. Macquarie Group Ltd. boosted its stake in Athene by 131.3% during the 4th quarter. Macquarie Group Ltd. now owns 3,700 shares of the insurance provider’s stock valued at $191,000 after purchasing an additional 2,100 shares during the period. Finally, CIBC Asset Management Inc acquired a new position in Athene during the 3rd quarter valued at about $200,000. 50.50% of the stock is owned by hedge funds and other institutional investors.
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Athene Holding Ltd. is an insurance holding company. The Company’s segments include Retirement Services, Corporate and Other. Retirement Services segment consists of the United States and Bermuda operations, which issue and reinsure retirement savings products and institutional products. Retirement Services has retail operations, which provide annuity retirement solutions to its policyholders.
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