An Insider at American National Insurance (ANAT) is Buying Shares


Today, an Insider at American National Insurance (NASDAQ: ANAT), Douglas Mcleod, bought shares of ANAT for $119K.

Following Douglas Mcleod’s last ANAT Buy transaction on June 01, 2012, the stock climbed by 61.0%. Following this transaction Douglas Mcleod’s holding in the company was increased by 5.06% to a total of $2.44 million.

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Based on American National Insurance’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $819 million and quarterly net profit of $18.78 million. In comparison, last year the company earned revenue of $763 million and had a net profit of $39.84 million. ANAT’s market cap is $3.17B and the company has a P/E ratio of 6.72. Currently, American National Insurance has an average volume of 78.74K.

The insider sentiment on American National Insurance has been positive according to 37 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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American National Insurance Co. is a financial services company, which engages in the provision of life insurance, annuities, health insurance, credit insurance, pension products and property, and casualty insurance for personal lines, agribusiness, and commercial exposures.

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