Key Points
- AGI CTO Vinicius Birkeland Aloe sold 256,386 shares at an average price of $11.99, generating $3.07 million. His remaining direct ownership fell 59.24% to 176,423 shares.
- AGI shares opened at $6.75, with a $1.08 billion market capitalization, a 52-week range of $5.91 to $12.21, and a 50-day moving average of $6.70.
- Analyst sentiment is mixed: six analysts rate the stock Buy, one rates it Hold, and two rate it Sell. The consensus rating is Hold, with a $14.14 average price target.
AGI Inc (NYSE:AGBK - Get Free Report) CTO Vinicius Birkeland Aloe sold 256,386 shares of the business's stock in a transaction on Monday, August 31st. The stock was sold at an average price of $11.99, for a total value of $3,074,068.14. Following the completion of the sale, the chief technology officer directly owned 176,423 shares in the company, valued at $2,115,311.77. This represents a 59.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.
Vinicius Birkeland Aloe also recently made the following trade(s):
- On Monday, August 31st, Vinicius Birkeland Aloe sold 406 shares of AGI stock. The shares were sold at an average price of $5.96, for a total value of $2,419.76.
AGI Stock Up 1.7%
NYSE:AGBK opened at $6.75 on Thursday. The business's 50-day moving average price is $6.70. The firm has a market capitalization of $1.08 billion and a price-to-earnings ratio of 11.43. AGI Inc has a 52-week low of $5.91 and a 52-week high of $12.21. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.31.
Analyst Upgrades and Downgrades
AGBK has been the topic of a number of research reports. Susquehanna set a $14.00 target price on shares of AGI in a report on Friday, May 8th. Itau BBA Securities cut AGI from an "outperform" rating to a "market perform" rating and set a $9.00 price target on the stock. in a report on Wednesday, May 6th. Weiss Ratings restated a "sell (d)" rating on shares of AGI in a report on Friday, August 7th. The Goldman Sachs Group set a $13.00 target price on AGI in a research report on Thursday, August 6th. Finally, Zacks Research lowered AGI from a "hold" rating to a "strong sell" rating in a research report on Thursday, July 16th. Six analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $14.14.
Check Out Our Latest Research Report on AGI
About AGI
(
Get Free Report)
Our mission is to revolutionize financial services for the largest and fastest growing segment of Brazil's population: individuals who have been underserved by incumbent banks and have not been effectively reached by digital-only banks. We seek to make credit and banking solutions more accessible and affordable for the Brazilian consumers who we believe need it the most, including social security beneficiaries and private and public sector workers. We have designed a unique value proposition for this population, who may be older, have a lower income, be less tech-savvy or have less access to education.
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