CFO Berman sells 7,000 AMP shares ($3.8M) at $544.22; holdings cut to 5.6K (-55.5%)
Walter Stanley Berman, Executive VP and CFO, sold 7,000 shares of Ameriprise Financial on 2026-02-05 at $544.22, reducing his holdings from 12.6K to 5.6K shares—a 55.5% reduction in his position. At the transaction price, the trade represented $3,809,511.30 in proceeds, executed near the company's 52-week high of $549.44. Berman's prior four sales at Ameriprise (through 90-day lookback) showed negative returns in 3 of 4 instances, with a timing pattern of 4 of 5 prior sells being well-timed at the 90-day mark; this sale occurs after the stock has risen 16.0% over 90 days and 6.2% over 30 days. The company trades at a P/E of 13.81 with recent quarterly net income of $912.0M on $4.8B revenue, reflecting an 11.1% annual growth rate.