New insider activity at Ameriprise Financial ( (AMP) ) has taken place on February 22, 2025.
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Joseph Edward Sweeney, PRES-AWM PRODUCTS & SERVICES, has sold 4,636 shares of Ameriprise Financial stock, amounting to a total of $2,499,128.
Recent Updates on AMP stock
Recent developments for Ameriprise Financial include the appointment of Glynis A. Bryan to its Board of Directors, expected to enhance governance and strategic oversight. The company’s stock has seen various price target adjustments by analysts, driven primarily by strong financial performance and growth across several segments. Argus raised the price target due to solid revenue generation from net inflows, experienced adviser additions, and growth at Ameriprise Bank, predicting a positive outlook for the Advice & Wealth Management segment and steady asset management. Keefe Bruyette also increased their target following an EPS beat and organic growth in Advice & Wealth Management, although it noted some margin challenges. Piper Sandler, on the other hand, raised their target but maintained a cautious stance due to concerns about the quality of earnings beat, driven largely by corporate and tax factors rather than core business strength. Despite these mixed sentiments, Ameriprise’s latest earnings report highlighted record assets under management and robust revenue growth, reflecting a strong position in the market.
More about Ameriprise Financial
YTD Price Performance: 1.89%
Average Trading Volume: 524,330
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $52.49B