Head of Affiliate Investments sold 8,622 shares of AMG at $172.89; retains 128,457 shares post-sale.
Jamal Rizwan M, Head of Affiliate Investments at Affiliated Managers Group, executed a sale of 8,622 shares at $172.89 on 2024-08-16, reducing his holdings by 6.3% to 128,457 shares. The sale occurred at $172.89, above the current price of $170.19 but within the 52-week range of $121.54–$185.62; the stock is currently 8.3% below its 52-week high. The company faces material headwinds with annual revenue declining 11.7% year-over-year, though near-term price momentum has been positive (+7.5% over 90 days). The insider retains a substantial position (128.5K shares), indicating continued ownership stake in the business.