Shell Asset Management Co. Has $668,000 Stake in Ameriprise Financial, Inc. $AMP

NodeGuardian · 2026-02-20T23:02:37+00:00

Shell Asset Management Co. cut its Ameriprise Financial stake by 68.2%, holding only 1,360 shares worth $668,000. This occurred amid insider share sales, despite the company surpassing earnings expectations and announcing a $1.60 dividend.

NodeGuardian

2026-02-20 23:02:37

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Shell Asset Management Co. significantly reduced its stake in Ameriprise Financial, Inc. ($AMP) by 68.2% in the third quarter, diminishing its holding to 1,360 shares valued at $668,000. This comes as company insiders, including CFO Walter Berman, have sold a substantial amount of shares. Despite insider sales, Ameriprise Financial exceeded quarterly earnings and revenue expectations and declared a $1.60 quarterly dividend.

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