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Ameriprise Financial Inc. (AMP) CEO, U.S. Asset Management William F Truscott sells 59,872 Shares

Feb 10, 2012 | About:
insider
insider
CEO, U.S. Asset Management of Ameriprise Financial Inc. (AMP) William F Truscott sells 59,872 shares of AMP on 02/08/2012 at an average price of $54.61 a share.

Ameriprise Financial has a market cap of $12.43 billion; its shares were traded at around $54.19 with a P/E ratio of 10.9 and P/S ratio of 1.2. The dividend yield of Ameriprise Financial stocks is 1.7%.


This is the insider trade history vs. stock price of AMP. For the complete insider trading history of AMP, click here.




Directors and Officers Recent Trades:


  • Director Robert Francis Jr Sharpe bought 16,000 shares of AMP stock on 11/03/2011 at the average price of 45.51. Robert Francis Jr Sharpe owns at least 34,150 shares after this. The price of the stock has increased by 19.07% since.
  • Pres-AWM Products & Services Joseph Edward Sweeney bought 50 shares of AMP stock on 09/19/2011 at the average price of 43.16. Joseph Edward Sweeney owns at least 32,698 shares after this. The price of the stock has increased by 25.56% since.
  • Director Lon R Greenberg bought 2,570 shares of AMP stock on 08/23/2011 at the average price of 40.66. Lon R Greenberg owns at least 4,100 shares after this. The price of the stock has increased by 33.28% since.
  • Director H Jay Sarles bought 2,500 shares of AMP stock on 08/22/2011 at the average price of 39.95. H Jay Sarles owns at least 12,509 shares after this. The price of the stock has increased by 35.64% since.
  • Pres Fncl Plng & Wealth & CMO Kim Michelle Sharan sold 48,358 shares of AMP stock on 02/08/2012 at the average price of 54.38. Kim Michelle Sharan owns at least 19,695 shares after this. The price of the stock has decreased by 0.35% since.


For the complete insider trading history of AMP, click here.

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


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