Today, the Pres. & CFO of Affiliated Managers (AMG), Jay Horgen, bought shares of AMG for $1.03M.
This recent transaction increases Jay Horgen’s holding in the company by 10.52% to a total of $10.9 million. This is Horgen’s first Buy trade following 7 Sell transactions.
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Currently, Affiliated Managers has an average volume of 991.3K.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $114.33, reflecting a 21.1% upside.
The insider sentiment on Affiliated Managers has been negative according to 22 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Jay Horgen’s trades have generated a 5.3% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Affiliated Managers Group, Inc. is an asset management company with equity investments in a diverse group of growing, boutique investment management firms. The firm provides assistance to investment management firms in strategic matters, marketing, distribution, product development and operations.
