Ameriprise Financial Inc (AMP) Files Form 4 Insider Selling : Randy Kupper Sells 4,129 Shares

Ameriprise Financial Inc (AMP): Randy Kupper , EVP Technology and CIO of Ameriprise Financial Inc sold 4,129 shares on Sep 23, 2016. The Insider selling transaction was reported by the company on Sep 27, 2016 to the Securities and Exchange Commission. The shares were sold at $100.81 per share for a total value of $416,262.66 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 9, 2016, John Carl Junek (Exec VP and General Counsel) sold 4,683 shares at $100.29 per share price.On Sep 9, 2016, John Robert Woerner (Pres Ins & Chief Strat Officer) sold 4,513 shares at $100.71 per share price.Also, On Aug 10, 2016, Randy Kupper (EVP Technology and CIO) sold 5,686 shares at $96.91 per share price.On Jun 30, 2016, Lon R Greenberg (director) purchased 3,900 shares at $88.18 per share price.

Ameriprise Financial: On Thursday, Sep 22, 2016 heightened volatility was witnessed in Ameriprise Financial which led to swings in the share price. The shares opened for trading at $101.5 and hit $101.61 on the upside , eventually ending the session at $100.89, with a gain of 0.03% or 0.03 points. The heightened volatility saw the trading volume jump to 7,18,166 shares. The 52-week high of the share price is $120.29 and the company has a market cap of $16,286 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 Downgraded by RBC Capital Mkts to Sector Perform while Lowering the Price Target of the company shares to $ 98 from a previous price target of $121 . Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Jul 25, 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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