Ameriprise Financial AMP has frequently made news recently with multiple occurrences.
Equitable Trust Co and
Foster & Motley Inc both have hefty positions valued at $6.12 million and $11.42 million, respectively. In a diverse transaction, SVP of Ameriprise sold $196,041 worth of company's stocks while
Principal Financial Group Inc disposed of 11,016 shares. However, on a positive note, the company's shares soared to an all-time high of $553.79 and have been deemed as a top value and momentum stock for long-term investment.
National Pension Service and several other institutions have also increased their stake in the company. Risks remain as insiders have been reportedly selling stocks and AMP has missed Q3 estimate while also underperforming compared to competitors on certain days. Nonetheless, with 87% of shares dominated by institutional owners and an impressive 280% return over the past five years, AMP maintains a solid foothold.
Ameriprise Financial AMP News Analytics from Sun, 02 Jun 2024 07:00:00 GMT to Sat, 09 Nov 2024 11:32:36 GMT -
Rating 3
- Innovation -4
- Information 7
- Rumor -2
