What This Ameriprise Insider Sale Signals With the Stock Up Just 5%
The CEO of Ameriprise reduced his direct holdings in the company through an exercise-and-sell transaction this week.
Overview
James M. Cracchiolo, the chairman and CEO of Ameriprise Financial, Inc. (NYSE:AMP), disposed of 52,932 shares at $545.69 per share on July 28, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($545.69); post-transaction value based on July 28, 2026 market close ($546.62).
Details
Ameriprise Financial operates as a diversified financial services holding company with a market capitalization of $48.6 billion. The company maintains a competitive position through its integrated business model that combines advisory services, asset management capabilities, and insurance products to deliver comprehensive wealth management solutions. With TTM revenue of $18.9 billion and net income of $3.9 billion, Ameriprise demonstrates substantial scale and profitability within the asset management and financial services sector.
Source
Originally published at www.fool.com.