Ameriprise Financial (NYSE:AMP) has been encountering various market fluctuations. Despite a 12% weekly dip amid global trade tensions, the company saw several positive developments. Ameriprise Financial showed improved relative price performance, though it is still behind its benchmark. It continues to gain significant assets with teams holding $100 million and $210 million assets respectively joining to fulfil growth aspirations. The firm also reported record-setting Q4 results, with upward adjustments in its price target by Goldman Sachs. There is businessman interest in the firm's stock, marked by the firmβs CEO selling $4.87 million in stock. It has been recognized as a potential cheap asset management stock for investment. Additionally, 73 of Ameripriseβs advisors were named amongst the top 1,200, by Barron's. Even amidst these developments, questions arise about whether investors are undervaluing the firm, given its steady increase in institutional ownership. The company's stock has shown impressive growth of 251% over the past five years. Moreover, Ameriprise's Q4 results exceeded the estimates due to higher revenues and assets under management (AUM), despite rising expenses. Lastly, its executives have recently sold a significant amount of stock, potentially signalling caution for potential investors.
