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Ameriprise Stock Is Up Just 5% in a Year. Its CFO Just Sold Above $548
The Motley Fool·
Ameriprise Financial's CFO Walter Stanley Berman sold 34,111 shares worth $18.8 million at $550.21 per share. While the stock has gained only 5% over the past year, the article notes this is a routine option exercise near a 52-week high and not a red flag. The company demonstrates strong fundamentals with $18.9 billion in TTM revenue, $3.9 billion in net income, and returned $932 million to shareholders last quarter (91% of operating earnings), while maintaining $2.1 billion in excess capital.
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