F&G Annuities & Life CEO Boosts Stake Amid Industry-Competitive Valuation

Christopher Blunt, CEO of F&G Annuities & Life Inc, recently purchased 6,000 shares of the company, increasing his total holdings to approximately 900,964 shares.

Over the past year, Blunt has acquired 81,000 shares with no sales, reflecting a trend of insider buying within the company. F&G Annuities & Life Inc specializes in annuity and life insurance products, focusing on retirement and financial planning solutions.

On the day of this insider purchase, shares traded at $31.88 each, with a market capitalization of $4.365 billion and a price-earnings ratio of 8.59, which is below the industry and the company's historical median ratios. Insider buying activity like this is often monitored by investors as a potential indicator of company confidence and future prospects, supported by various financial metrics including price-sales and price-book ratios.