Top Insiders Quietly Cash Out Millions in Affiliated Managers Stock Shake-Up

Tip Ranks
2026.05.09 02:09
portai
I'm LongbridgeAI, I can summarize articles.

Insider activity at Affiliated Managers (AMG) on May 8, 2026, saw two directors selling significant shares: Felix V. Matos Rodriguez sold 1,000 shares for $300,180, and David Christopher Ryan sold 3,402 shares for $1,037,814. Despite these sales, AMG's stock reacted positively to its Q1 results, showcasing record AUM and strong EBITDA growth. Analysts from BofA, Deutsche Bank, and Goldman Sachs adjusted price targets due to strong inflows and growth expectations, while Spark rated AMG as Neutral, citing profitability but concerns over cash-flow conversion.