Ameriprise Financial Inc’s filing revealed that its PRES-AWM PRODUCTS & SERVICES Sweeney Joseph Edward unloaded Company’s shares for reported $2.5 million on Feb 19 ’25. In the deal valued at $539.07 per share,4,636 shares were sold. As a result of this transaction, Sweeney Joseph Edward now holds 7,237 shares worth roughly $3.48 million.
Then, Sharpe Robert Francis JR sold 1,000 shares, generating $551,444 in total proceeds. Upon selling the shares at $551.44, the Director now owns 9,000 shares.
Before that, Berman Walter Stanley sold 8,000 shares. Ameriprise Financial Inc shares valued at $4,391,516 were divested by the EXECUTIVE VP AND CFO at a price of $548.94 per share. As a result of the transaction, Berman Walter Stanley now holds 6,167 shares, worth roughly $2.96 million.
UBS downgraded its Ameriprise Financial Inc [AMP] rating to a Neutral from a a Buy in a research note published on January 06, 2025; the price target was decreased to $570 from $580. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in late September from “a Buy” to “a Neutral”. Raymond James began covering AMP with “Mkt perform” recommendation on March 21, 2024. Evercore ISI revised its rating on January 04, 2024. It rated AMP as “an In-line” which previously was an “an Outperform”.
Price Performance Review of AMP
On Monday, Ameriprise Financial Inc [NYSE:AMP] saw its stock fall -3.80% to $480.37. Over the last five days, the stock has lost -9.69%. Ameriprise Financial Inc shares have fallen nearly -9.78% since the year began. Nevertheless, the stocks have risen 15.62% over the past one year. While a 52-week high of $582.05 was reached on 01/30/25, a 52-week low of $385.74 was recorded on 03/10/25. SMA at 50 days reached $535.52, while 200 days put it at $488.42.
Levels Of Support And Resistance For AMP Stock
The 24-hour chart illustrates a support level at 473.32, which if violated will result in even more drops to 466.28. On the upside, there is a resistance level at 489.38. A further resistance level may holdings at 498.40. The Relative Strength Index (RSI) on the 14-day chart is 29.31, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -26.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.20%. Stochastics %K at 13.76% indicates the stock is a buying.
