American National (ANAT)

American National is a family of companies. American National Insurance Company, founded in 1905 and headquartered in Galveston, Texas, and other American National subsidiaries offer a broad portfolio of products and services, which include life insurance, annuities, property and casualty insurance, health insurance, credit insurance, and pension products. The American National companies operate in all 50 states. American National established a dedicated property and casualty division in 1973 with American National Property And Casualty Company, Springfield, MO. This company serves 38 states not including NY. To better serve the unique insurance needs of the agricultural market, American National acquired the Farm Family group of insurance companies based in NY in 2001

Company profile

Ticker

ANAT

Exchange

NASDAQ

Website

www.americannational.com

CEO

James Edward Pozzi

Incorporated

Delaware

Location

Texas

Fiscal year end

Dec 31

Sector

Finance and Insurance > Direct Life Insurance Carriers

Industry (SIC)

Life Insurance

Metlife • Prudential Financial • Jackson Financial • Lincoln National Life Insurance • Brighthouse Financial • Voya Financial • Lincoln National • Genworth Financial • Athene Holding • Protective Life ...

SEC CIK

0001801075

Corporate docs

Articles of Incorporation & Bylaws

Plans of Reorganization

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Alternative Benefit Management, Inc. • American National Administrators, Inc. • American National General Insurance Company • American National Insurance Company • American National Insurance Service Company • American National Life Insurance Company • ANH Investments, LLC • American National Property and Casualty Company • American National Registered Investment Advisor, Inc. • ANICO Eagle, LLC ...

ANAT stock data

1M 1Y 5Y

Press releases

From Benzinga Pro

AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of American National Insurance Company and Subsidiaries

7 Jul 22

AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a+" (Excellent) of

Brookfield Reinsurance Records $128 Million of Net Income and Announces Regular Distribution

12 May 22

BROOKFIELD, NEWS, May 12, 2022 (GLOBE NEWSWIRE) -- Brookfield Reinsurance ((NYSE, TSX:BAMR) today announced financial results for the quarter ended March 31, 2022. Sachin Shah, CEO of Brookfield

Calendar

5 May 22

9 Aug 22

31 Dec 22

Financial summary

Financial statements Chart ANAT financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.2B	1.2B	1.2B	1.2B	1.2B	1.2B
Cash burn (monthly)	245.04M	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	1.05B	n/a	n/a	n/a	n/a	n/a
Cash remaining	140.83M	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	0.6	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

ANAT insider ownership history Insider history

Date	Owner	Security	Code	Indirect	10b5-1	$Price	#Shares	$Value
25 May 22	Yarbrough James D	Common Stock	Dispose U	No	No	190	13,250	2.52M
25 May 22	Moody-Dahlberg Frances A	Common Stock	Dispose U	Yes	No	190	10,725	2.04M
25 May 22	Moody-Dahlberg Frances A	Common Stock	Dispose U	Yes	No	190	6,116,316	1.16B
25 May 22	Moody-Dahlberg Frances A	Common Stock	Dispose U	No	No	190	3,187	605.53K
25 May 22	Timothy A Walsh	Common Stock	Dispose U	No	No	190	6,964	1.32M
25 May 22	Lucas Robert Eugene	Common Stock	Dispose U	Yes	No	190	8,752	1.66M
25 May 22	Moody Ross R	Common Stock	Dispose U	Yes	No	190	77,892	14.8M
25 May 22	Moody Ross R	Common Stock	Dispose U	Yes	No	190	6,116,316	1.16B
25 May 22	Moody Ross R	Common Stock	Dispose U	No	No	190	2,790	530.1K

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

ANAT institutional ownership history Ownership history

66.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	176	177	-0.6%
Opened positions	22	42	-47.6%
Closed positions	23	29	-20.7%
Increased positions	63	49	+28.6%
Reduced positions	56	50	+12.0%

13F shares	Current	Prev Q	Change
Total value	3.4B	3.32B	+2.3%
Total shares	17.96M	17.6M	+2.0%
Total puts	66.5K	41.9K	+58.7%
Total calls	57.5K	36.6K	+57.1%
Total put/call ratio	1.2	1.1	+1.0%

Largest owners	Shares	Value	Change
Moody National Bank Trust Division	11.42M	$2.16B	0.0%
Dimensional Fund Advisors	663.08K	$125.38M	-11.6%
BLK Blackrock	606.65K	$114.71M	-2.2%
Arp Americas	531.66K	$100.53M	+16.4%
Millennium Management	251.53K	$47.56M	+27.9%
Vanguard	238.36K	$45.07M	-9.2%
Tudor Investment Corp Et Al	232.77K	$44.02M	+0.0%
Geode Capital Management	193.82K	$36.65M	-3.5%
Glazer Capital	184.78K	$34.94M	+8804.9%
BMO Bank of Montreal	171.19K	$32.38M	+12599.2%

Largest transactions	Shares	Bought/sold	Change
Glazer Capital	184.78K	+182.7K	+8804.9%
BMO Bank of Montreal	171.19K	+169.84K	+12599.2%
Norges Bank	0	-156.91K	EXIT
FIL	123.15K	+123.15K	NEW
LSV Asset Management	0	-109.15K	EXIT
Highland Capital Management Fund Advisors	142.48K	+102.88K	+259.8%
Dimensional Fund Advisors	663.08K	-86.82K	-11.6%
Renaissance Technologies	126.35K	+75.05K	+146.3%
Arp Americas	531.66K	+74.82K	+16.4%
Two Sigma Advisers	71.1K	+63.9K	+887.5%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

•An increase in operating expenses primarily due to Merger-related expenses of $21.5 million
ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS — (Continued)
(1)A negative change indicates more expense was deferred than amortized and represents a decrease to expenses in the period indicated.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Bad

New words: accelerate, accrual, automotive, behavior, block, breach, calendar, ceased, CVM, deliberating, distancing, easing, experiencing, fourth, introduce, leaving, led, local, masking, moving, NCY, occupancy, occurrence, onsite, oppose, renewal, scope, slightly, stable, Subtopic, team, tender, transportation, Vintage

Removed: actively, added, addressing, advantage, allocation, ANPAC, ANPLA, augment, bankruptcy, begun, conform, consolidator, deficit, drove, franchise, gave, generate, hospitality, impacted, incremental, initially, membership, projected, reclassified, reflecting, removing, SAR, Simplifying, transparency, underwriting, unearned, vested

From filing 10-Q 2022 Q1

Financial reports

Annual report (amended)

18 Apr 22

10-K

2021 FY