Executive Vice President, 10% Owner Gregory Ramirez Sells 2,500 Shares of Artisan Partners ...
On February 8, 2024, Gregory Ramirez, Executive Vice President and 10% Owner of Artisan Partners Asset Management Inc (APAM), sold 2,500 shares of the company. The transaction was filed with the SEC and can be found through this SEC Filing.
Artisan Partners Asset Management Inc is a global investment management firm that provides a broad range of high value-added investment strategies in growing asset classes to sophisticated clients around the world. The company manages assets for individual and institutional investors through a variety of vehicles and across multiple strategies.
Over the past year, the insider has sold a total of 5,385 shares of Artisan Partners Asset Management Inc and has not made any purchases of the stock.
The insider transaction history for Artisan Partners Asset Management Inc shows no insider buys over the past year and a total of 2 insider sells during the same period.
On the day of the insider's recent sale, shares of Artisan Partners Asset Management Inc were trading at $42.29, resulting in a market cap of $2.940 billion.
The price-earnings ratio of the stock is 13.56, which is on par with the industry median and lower than the companys historical median price-earnings ratio.
With a share price of $42.29 and a GuruFocus Value of $36.49, Artisan Partners Asset Management Inc has a price-to-GF-Value ratio of 1.16, indicating that the stock is considered Modestly Overvalued according to the GF Value metric.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
