Ameriprise Financial Inc (AMP) Files Form 4 Insider Selling : William F Truscott Sells 10,300 Shares

Ameriprise Financial Inc (AMP): William F Truscott , CEO, Global Asset Management of Ameriprise Financial Inc sold 10,300 shares on May 17, 2016. The Insider selling transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were sold at $95.98 per share for a total value of $988,635.19 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 3, 2016, H Jay Sarles (director) purchased 2,000 shares at $89.52 per share price.On Aug 13, 2015, Blixt Dianne Neal (director) purchased 800 shares at $122.96 per share price.Also, On Jun 25, 2015, Joseph Edward Sweeney (Pres-AWM Products & Services) sold 9,042 shares at $129.40 per share price.On Jun 15, 2015, James M Cracchiolo (Chairman and CEO) sold 700 shares at $130.25 per share price.

Shares of Ameriprise Financial (AMP) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.92 points or -0.94% at $96.61 with 12,81,024 shares getting traded. Post opening the session at $96.74, the shares hit an intraday low of $95.52 and an intraday high of $97.98 and the price vacillated in this range throughout the day. The company has a market cap of $16,019 M and the number of outstanding shares has been calculated to be 16,58,13,450 shares. The 52-week high of Ameriprise Financial is $130.69 and the 52-week low is $75.995.

Ameriprise Financial Money Flow Index Chart

Company has been under the radar of several Street Analysts.Ameriprise Financial is Reiterated by RBC Capital Mkts to Outperform while Lowering the Price Target of the company shares to $ 121 from a previous price target of $122 . The Rating was issued on Apr 28, 2016.

Ameriprise Financial Inc. (Ameriprise Financial) is a holding company primarily engaged in business through its subsidiaries. Ameriprise Financial is a diversified financial services company that offers financial solutions to individual and institutional clients. The Company operates in four segments: Advice & Wealth Management Asset Management Annuities and Protection. The Advice & Wealth Management segment provides financial planning and advice as well as full-service brokerage services primarily to retail clients through advisors. The Asset Management segment provides investment advice and investment products to retail high net worth and institutional clients on a global scale through Columbia Management and Threadneedle. The Annuities segment provides variable and fixed annuity products of RiverSource Life companies to individual clients. The Protection segment offers a variety of products to address the protection and risk management needs of retail clients.

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