Ameriprise Financial Inc’s recently made public that its PRESIDENT-INSURANCE&ANNUITIES Alvero Gumer unloaded Company’s shares for reported $0.72 million on Mar 27 ’24. In the deal valued at $437.00 per share,1,652 shares were sold. As a result of this transaction, Alvero Gumer now holds 6,994 shares worth roughly $2.97 million.
Then, Brockman Dawn M. sold 224 shares, generating $97,245 in total proceeds. Upon selling the shares at $434.13, the SVP AND CONTROLLER now owns 1,288 shares.
Before that, TRUSCOTT WILLIAM F sold 8,000 shares. Ameriprise Financial Inc shares valued at $3,296,360 were divested by the CEO, GLOBAL ASSET MANAGEMENT at a price of $412.05 per share. As a result of the transaction, TRUSCOTT WILLIAM F now holds 13,134 shares, worth roughly $5.58 million.
Raymond James initiated its Ameriprise Financial Inc [AMP] rating to a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in early January from “an Outperform” to “an In-line”. Goldman also remained covering AMP and has increased its forecast on January 03, 2024 with a “Buy” recommendation from previously “Neutral” rating.
Price Performance Review of AMP
On Tuesday, Ameriprise Financial Inc [NYSE:AMP] saw its stock fall -0.02% to $424.87. Over the last five days, the stock has gained 3.18%. Ameriprise Financial Inc shares have risen nearly 11.86% since the year began. Nevertheless, the stocks have risen 45.91% over the past one year. While a 52-week high of $440.67 was reached on 04/04/24, a 52-week low of $286.58 was recorded on 01/17/24. SMA at 50 days reached $420.27, while 200 days put it at $370.49. A total of 0.39 million shares were traded, compared to the trading of 0.44 million shares in the previous session.
Levels Of Support And Resistance For AMP Stock
The 24-hour chart illustrates a support level at 423.60, which if violated will result in even more drops to 422.33. On the upside, there is a resistance level at 426.55. A further resistance level may holdings at 428.23. The Relative Strength Index (RSI) on the 14-day chart is 57.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.26, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.27%. Stochastics %K at 87.87% indicates the stock is a selling.
