CRACCHIOLO JAMES M

AMP CEO Cracchiolo sells 48,813 shares for $26,601,189.66; reduces holdings by 31.2%

James M. Cracchiolo, Chairman and CEO of Ameriprise Financial, executed 8 separate sales on 2026-02-04, totaling 48,813 shares for $26,601,189.66 at a blended average price of $544.96. This transaction reduced his shareholdings from 156,446 shares to 107,633 shares—a 31.2% reduction in his open position. The sales occurred while the stock traded near its 52-week high ($549.44), at 98.8% of peak, and represent a significant realignment of his exposure to the company. Examining his same-ticker timing history at AMP: of his 5 prior sales, only 1 was well-timed at the 90-day mark (a 20% success rate), and his most recent AMP sale (2024-11-11) resulted in negative 90-day returns of -4.4%, suggesting limited predictive accuracy at this ticker. The stock has appreciated +9.0% over the past 30 days and +17.7% over 90 days, and the company's fundamentals remain solid with 11.1% annual revenue growth, net income of $912,000,000, and a P/E of 13.91. The scale and timing of this divestiture warrant monitoring to assess whether it reflects genuine portfolio rebalancing needs or a shift in the insider's assessment of value.

CEO Cracchiolo sells 33,692 AMP shares at $144.56; stock now at $499.03, -13.2% from 52-wk high.

CRACCHIOLO JAMES M sold 33,692 shares of Ameriprise Financial on 2017-07-31 at $144.56, reducing his holdings from 166,444 shares to 132,752 shares. The current price of $499.03 is substantially elevated from the 2017 transaction price, reflecting significant company appreciation over the intervening years. Among his prior five sales at AMP, only 1 of 5 were well-timed at the 90-day mark, suggesting limited predictive value in his historical AMP sale pattern. His cross-ticker track record shows a 90-day well-timed rate of 13.33% across 15 prior sells, slightly above random but not compelling. With the stock currently -13.2% from its 52-week high and down 8.6% over 30 days, recent price action has eroded some prior gains, though fundamentals remain solid: the company generated $511.0M net income on $4.4B revenue (latest quarter) with 11.1% annual growth and a 13.51 P/E.

CEO James Cracchiolo sold 8,638 shares of AMP at $563.44 on 2024-11-11, worth $4.9M; retains 159,012 shares.

CEO James Cracchiolo sold 8,638 shares at $563.44, reducing his holdings by 5.2% to 159,012 shares post-transaction. The sale occurred near the 52-week high of $567.43 (-1.3%), and AMP has appreciated 11.0% over the past 30 days and 32.0% over 90 days. However, his prior trades at AMP show a consistent pattern: all 5 prior sells (on 2024-02-22, 2024-02-23, and 2024-02-26) resulted in positive 90-day returns of +7.9% to +9.3%, indicating those sales preceded further stock appreciation rather than declines. This current transaction occurred after substantial recent gains, yet without historical timing success at this ticker, the sale does not clearly signal conviction or concern about near-term valuation.