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 $2,499,148 were sold by Sweeney Joseph Edward on Feb 19 ’25. At $539.07 per share, Sweeney Joseph Edward sold 4,636 shares. The insider’s holdings dropped to 7,237 shares worth approximately $3.7 million following the completion of this transaction.
Also, Sharpe Robert Francis JR sold 1,000 shares, netting a total of over 551,444 in proceeds. Following the sale of shares at $551.44 each, the insider now holds 9,000 shares.
Before that, Berman Walter Stanley had sold 8,000 shares from its account. In a trade valued at $4,391,516, the EXECUTIVE VP AND CFO traded Ameriprise Financial Inc shares for $548.94 each. Upon closing the transaction, the insider’s holdings decreased to 8,000 shares, worth approximately $3.15 million.
As published in a research note from Raymond James on April 07, 2025, Ameriprise Financial Inc [AMP] has been rated up from a Mkt perform to a Strong buy and the price target has been revised to $518. Analysts at UBS downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early January. As of September 26, 2024, Goldman has decreased its “Buy” rating to a “Neutral” for AMP. Earlier on March 21, 2024, Raymond James initiated its rating. Their recommendation was “a Mkt perform” for AMP stock.
Analyzing AMP Stock Performance
During the last five days, there has been a drop of approximately -2.02%. Over the course of the year, Ameriprise Financial Inc shares have dropped approximately -4.00%. Shares of the company reached a 52-week high of $582.05 on 01/30/25 and a 52-week low of $396.14 on 04/07/25. A 50-day SMA is recorded $483.08, while a 200-day SMA reached $501.75.
Support And Resistance Levels for Ameriprise Financial Inc (AMP)
According to the 24-hour chart, there is a support level at 507.98, which, if violated, would cause prices to drop to 504.83. In the upper region, resistance lies at 516.33. The next price resistance is at 521.54. RSI (Relative Strength Index) is 58.83 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 13.42, which suggests the price will increase in the coming days. Percent R is at 26.84%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
