On March 24, 2025, Christopher Blunt, the CEO of F&G Annuities & Life Inc, purchased 10,000 shares of the company, as reported in the SEC Filing. Following this transaction, the insider now owns a total of 829,584.3755 shares of the company.
F&G Annuities & Life Inc (FG, Financial) is a provider of annuities and life insurance products. The company focuses on offering retirement solutions and life insurance products to help individuals plan for their financial future.
The recent purchase by Christopher Blunt marks a significant insider buying activity. Over the past year, the insider has purchased a total of 10,000 shares and has not sold any shares. This activity is part of a broader trend within the company, where there have been two insider buys and one insider sell over the past year.
Shares of F&G Annuities & Life Inc were trading at $35.03 each on the day of the insider's recent purchase. This price gives the stock a market cap of $4.399 billion. The company's price-earnings ratio stands at 7.15, which is lower than the industry median of 11.715 and also lower than the company's historical median price-earnings ratio.
The insider's purchase may be viewed as a positive signal by some investors, as insider buying can often indicate confidence in the company's future prospects. However, it is important to consider this information in the context of other financial metrics and market conditions.
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