New insider activity at Ameriprise Financial ( (AMP) ) has taken place on February 21, 2025.
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Director Robert Francis Sharpe sold 1,000 shares of Ameriprise Financial stock, totaling $551,440. Meanwhile, EVP & CFO Walter Stanley Berman sold 8,000 shares, amounting to $4,391,480.
Recent Updates on AMP stock
Ameriprise Financial has seen several analysts adjust their price targets following recent developments. Argus raised its price target due to solid revenue growth driven by net inflows, the addition of experienced advisers, and growth at Ameriprise Bank, despite some volatility in equity and fixed income. Keefe Bruyette also increased its target, acknowledging an EPS beat and improved growth in Advice & Wealth Management, though it noted weaker earnings and margins in that segment. Meanwhile, Piper Sandler raised its target citing a low-quality beat primarily driven by corporate and tax factors, and expressed concern over potential EPS estimate reductions in the company’s largest business segment. Overall, Ameriprise’s recent earnings call painted a positive picture with record assets under management and strong revenue and earnings growth, despite challenges like a decline in net interest income and outflows in institutional asset management.
More about Ameriprise Financial
YTD Price Performance: 3.48%
Average Trading Volume: 525,265
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $53.07B