Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Ameriprise Financial Inc shares valued at $3,846,009 were sold by Davies William on Aug 30 ’24. At $442.07 per share, Davies William sold 8,700 shares. The insider’s holdings dropped to 13,199 shares worth approximately $6.66 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, William Davies purchased 8,700 shares, netting a total of over 3,846,009 in proceeds.
Before that, TRUSCOTT WILLIAM F had sold 15,584 shares from its account. In a trade valued at $6,881,234, the CEO, GLOBAL ASSET MANAGEMENT traded Ameriprise Financial Inc shares for $441.56 each. Upon closing the transaction, the insider’s holdings decreased to 15,584 shares, worth approximately $6.76 million.
As published in a research note from Goldman on September 26, 2024, Ameriprise Financial Inc [AMP] has been rated down from a Buy to a Neutral and the price target has been revised to $476 from $485. Analysts at Raymond James started covering the stock with ‘”a Mkt perform”‘ outlook in a report released in late March. As of January 04, 2024, Evercore ISI has decreased its “an Outperform” rating to a “an In-line” for AMP. Earlier on January 03, 2024, Goldman upgraded its rating. Their new recommendation was “a Buy” for AMP stock which previously was a “a Neutral”.
Analyzing AMP Stock Performance
During the last five days, there has been a drop of approximately -3.30%. Over the course of the year, Ameriprise Financial Inc shares have jumped approximately 32.75%. Shares of the company reached a 52-week high of $524.89 on 10/18/24 and a 52-week low of $368.41 on 01/17/24. A 50-day SMA is recorded $465.29, while a 200-day SMA reached $429.19. Nevertheless, trading volume fell to 0.72 million shares from 0.39 million shares the previous day.
Support And Resistance Levels for Ameriprise Financial Inc (AMP)
According to the 24-hour chart, there is a support level at 491.98, which, if violated, would cause prices to drop to 479.76. In the upper region, resistance lies at 511.58. The next price resistance is at 518.96. RSI (Relative Strength Index) is 60.33 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 7.89, which suggests the price will increase in the coming days. Percent R is at 45.89%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
