Tracy Palandjian Sells Affiliated Managers Group Shares

Tracy Palandjian sold 685 shares of Affiliated Managers Group, Inc. on June 12, 2026.

Key Points

  • Tracy Palandjian sold 685 shares of Affiliated Managers Group, Inc. at $354.62 each, totaling $242,914.70 on June 12, 2026.
  • Affiliated Managers Group, Inc. has a market cap of $9.37 billion and a P/E ratio of 14.56, trading near its 52-week high of $355.55.
  • Analysts have set a mean price target of $381 for AMG, with recent ratings maintaining a 'buy' recommendation.

Tracy Palandjian, an insider at Affiliated Managers Group, Inc. (NYSE: AMG), sold 685 shares of the company on June 12, 2026. The shares were sold at an average price of $354.62 each, totaling approximately $242,914.70. This transaction was not part of a pre-planned trading program.

Other Institutional Activity in Affiliated Managers Group

BlackRock, Inc. increased its holdings in Affiliated Managers Group by 68,464 shares, ending with a total of 2,867,665 shares valued at about $793.5 million. Morgan Stanley also added to its position, acquiring 26,791 shares, bringing its total to 1,732,512 shares worth approximately $479.4 million. Conversely, Ariel Investments, LLC reduced its stake by 118,193 shares, leaving it with 1,064,030 shares valued at around $294.4 million.

Affiliated Managers Group Stock Snapshot

Shares of NYSE:AMG traded near $360.50. Affiliated Managers Group has a market cap of approximately $9.37 billion and a P/E ratio of 14.56. The stock has seen a 52-week low of $179.79 and a high of $355.55. Its 50-day moving average is $302.49, while the 200-day moving average is $279.82. The company has a current ratio and quick ratio of 65.55, with a debt-to-equity ratio of 73.42.

Recent Earnings

In its most recent earnings report, Affiliated Managers Group reported revenue of $2.12 billion, reflecting a growth rate of 9.7%. The company achieved a net margin of 35.5% and a return on equity of 21.8%. Earnings per share stood at $24.36. The next earnings announcement is scheduled for July 30, 2026.

Dividend

Affiliated Managers Group pays an annual dividend of $0.04 per share, yielding 0.01%. The dividend payout ratio is a modest 0.16%.

Insider Buying and Selling at Affiliated Managers Group, Inc.

On June 12, 2026, Tracy Palandjian sold 685 shares at $354.62 each, totaling $242,914.70. On the same day, she also acquired 2,958 shares at $82.07 each. Additionally, Jay Horgen, the President and CEO, sold 39,671 shares at $336.62 and 17,500 shares at $338.27 on June 8, 2026.

Analysts Set New Price Targets

On May 4, 2026, TD Cowen maintained its 'buy' rating for Affiliated Managers Group, setting a price target of $454. Barrington Research also maintained a 'buy' rating on April 27, 2026, with a target of $365. The consensus among seven analysts gives the stock a 'strong buy' recommendation, with a mean target price of $381.

About Affiliated Managers Group

Affiliated Managers Group, Inc. is an asset management company based in West Palm Beach, Florida. Founded in 1993, it operates through affiliates to provide investment management services to mutual funds, institutional clients, and high-net-worth individuals. The company offers a range of investment products across various styles and markets, including equity and fixed income. Led by CEO Jay C. Horgen, AMG employs around 5,600 people and has a global presence with offices in major financial centers.

Bottom Line

Tracy Palandjian's recent sale of AMG shares is part of ongoing insider activity at the company. Affiliated Managers Group, Inc. remains a key player in the asset management sector, with a strong market position and favorable analyst ratings. Investors often track insider sales for insight, but these transactions don't necessarily indicate future stock performance.

See Also

This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.