Affiliated Managers Group (NYSE:AMG) CEO Sells $5,919,725.00 in Stock

June 9, 2026 by InsiderTrades.com

Key Points

CEO Jay Horgen sold 17,500 shares of Affiliated Managers Group on June 8 for about $5.92 million at an average price of $338.27, reducing his direct ownership by 7.88%.
The company beat quarterly earnings expectations, reporting EPS of $8.23 versus the $8.10 consensus, with revenue of $544.9 million, up 9.7% year over year.
Analysts remain generally positive on AMG, with seven Buy ratings and one Hold; the consensus price target is $362.29, above the stock’s recent trading level.

Affiliated Managers Group, Inc. (NYSE:AMG - Get Free Report) CEO Jay Horgen sold 17,500 shares of the business's stock in a transaction on Monday, June 8th. The shares were sold at an average price of $338.27, for a total transaction of $5,919,725.00. Following the completion of the transaction, the chief executive officer directly owned 204,706 shares in the company, valued at $69,245,898.62. This represents a 7.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Affiliated Managers Group Stock Performance

Shares of AMG opened at $337.07 on Tuesday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.79 and a current ratio of 1.79. The stock has a market capitalization of $8.90 billion, a P/E ratio of 13.64, a P/E/G ratio of 0.57 and a beta of 1.13. The company's fifty day moving average is $296.42 and its two-hundred day moving average is $294.70. Affiliated Managers Group, Inc. has a 1 year low of $179.79 and a 1 year high of $345.07.

Affiliated Managers Group (NYSE:AMG - Get Free Report) last announced its quarterly earnings data on Friday, May 1st. The asset manager reported $8.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.10 by $0.13. The company had revenue of $544.90 million for the quarter, compared to analysts' expectations of $544.01 million. Affiliated Managers Group had a net margin of 35.55% and a return on equity of 20.17%. Affiliated Managers Group's revenue was up 9.7% compared to the same quarter last year. During the same period in the previous year, the company posted $5.37 EPS. On average, sell-side analysts predict that Affiliated Managers Group, Inc. will post 34.71 earnings per share for the current year.

Affiliated Managers Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Monday, May 11th were issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date was Monday, May 11th. Affiliated Managers Group's dividend payout ratio is 0.16%.

Analysts Set New Price Targets

A number of research firms have issued reports on AMG. Wall Street Zen lowered shares of Affiliated Managers Group from a "strong-buy" rating to a "buy" rating in a report on Saturday, April 4th. TD Cowen restated a "buy" rating and issued a $454.00 target price on shares of Affiliated Managers Group in a report on Wednesday, May 13th. Barrington Research restated an "outperform" rating and issued a $365.00 target price on shares of Affiliated Managers Group in a report on Monday, April 27th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $400.00 price objective on shares of Affiliated Managers Group in a research note on Monday, May 4th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating and set a $405.00 price objective on shares of Affiliated Managers Group in a research note on Monday, May 4th. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $362.29.

Get Our Latest Report on AMG

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of AMG. Goldman Sachs Group Inc. increased its stake in shares of Affiliated Managers Group by 1.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 113,353 shares of the asset manager's stock valued at $19,047,000 after acquiring an additional 1,428 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Affiliated Managers Group by 4.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 141,733 shares of the asset manager's stock worth $23,815,000 after purchasing an additional 6,262 shares in the last quarter. Jane Street Group LLC acquired a new stake in Affiliated Managers Group during the 1st quarter worth approximately $1,947,000. American Century Companies Inc. increased its position in Affiliated Managers Group by 1.2% during the 2nd quarter. American Century Companies Inc. now owns 8,552 shares of the asset manager's stock worth $1,683,000 after purchasing an additional 104 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in Affiliated Managers Group by 89.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 281 shares of the asset manager's stock worth $55,000 after purchasing an additional 133 shares in the last quarter. Institutional investors and hedge funds own 95.30% of the company's stock.

Affiliated Managers Group Company Profile

(Get Free Report)

Affiliated Managers Group, Inc (NYSE: AMG) is a global asset management holding company that partners with boutique investment firms. Founded in 1993 and headquartered in West Palm Beach, Florida, AMG invests in and collaborates with independent investment managers to foster growth while preserving their entrepreneurial culture. Through equity stakes and strategic support, the company aims to enhance its affiliates' distribution capabilities, operational infrastructure and access to capital.

The company's core business activities include providing capital solutions, distribution services and operational support to affiliated investment firms.