Ameriprise Financial Inc (AMP) Files Form 4 Insider Buying : Lon R Greenberg Buys 3,900 Shares

Ameriprise Financial Inc (AMP): Lon R Greenberg , director of Ameriprise Financial Inc purchased 3,900 shares on Jun 29, 2016. The Insider buying transaction was reported by the company on Jun 30, 2016 to the Securities and Exchange Commission. The shares were purchased at $88.18 per share for a total value of $343,905.91 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 2, 2016, Kelli A Hunter (Exec VP of Human Resources) sold 3,486 shares at $102.07 per share price.On May 18, 2016, William F Truscott (CEO, Global Asset Management) sold 10,300 shares at $95.98 per share price.Also, 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.

Ameriprise Financial: On Wednesday, Jun 29, 2016 heightened volatility was witnessed in Ameriprise Financial which led to swings in the share price. The shares opened for trading at $86.85 and hit $89.03 on the upside , eventually ending the session at $88.97, with a gain of 3.82% or 3.27 points. The heightened volatility saw the trading volume jump to 17,27,489 shares. The 52-week high of the share price is $129.22 and the company has a market cap of $14,752 M . The 52-week low of the share price is at $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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