Tracy Palandjian Acquires Shares in Affiliated Managers Group
Tracy Palandjian purchased 2,958 shares of AMG, worth over $242,000, on June 12, 2026.
Key Points
- Tracy Palandjian bought 2,958 shares of Affiliated Managers Group, Inc. on June 12, 2026, valued at $242,763.06.
- AMG shares traded around $360.50 with a market cap of about $9.37 billion and a P/E ratio of 14.56.
- Analyst firms like TD Cowen and Barrington Research maintain 'buy' ratings with price targets up to $454.
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On June 12, 2026, Tracy Palandjian purchased 2,958 shares of Affiliated Managers Group, Inc. (NYSE: AMG) in a transaction valued at $242,763.06. The shares were acquired at an average price of $82.07 each.
Insider Buying and Selling at Affiliated Managers Group, Inc.
The insider activity at Affiliated Managers Group included Tracy Palandjian's purchase of 2,958 shares on June 12, 2026, at $82.07 per share, not under a pre-planned 10b5-1 trading plan. Additionally, the same day saw Palandjian selling 685 shares at $354.62 each. Meanwhile, President and CEO Jay Horgen sold a total of 132,171 shares on June 8, 2026, at prices ranging from $336.62 to $338.27.
Other Institutional Activity in Affiliated Managers Group
BlackRock, Inc. increased its stake in Affiliated Managers Group by 68,464 shares, bringing its total to 2,867,665 shares valued at approximately $793.5 million. Morgan Stanley also added 26,791 shares, ending with 1,732,512 shares worth about $479.4 million. Meanwhile, Ariel Investments, LLC reduced its position by 118,193 shares, leaving it with 1,064,030 shares valued at around $294.4 million.
Affiliated Managers Group, Inc. Stock Down 2.8%
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's 52-week range is between $179.79 and $355.55, with a 50-day moving average of $302.49 and a 200-day moving average of $279.82. The company maintains a current ratio and quick ratio of 65.55 and a debt-to-equity ratio of 73.42.
Recent Earnings
Affiliated Managers Group reported revenue of $2.12 billion, with a growth rate of 9.7%. The company achieved a net margin of 35.55% and a return on equity of 21.83%. Its earnings per share stood at $24.36. The next earnings report is scheduled for July 30, 2026.
Analysts Set New Price Targets
On May 4, 2026, TD Cowen maintained a 'buy' rating on AMG with a price target of $454. Barrington Research also maintained a 'buy' rating with a target of $365 on April 27, 2026. The consensus among seven analysts is a 'strong buy' recommendation, with a mean price target of $381.
About Affiliated Managers Group
Affiliated Managers Group, Inc., based in West Palm Beach, Florida, operates as an investment management company. It offers advisory and sub-advisory services to mutual funds, catering to retail, high-net-worth, and institutional clients. The company's investment products span various styles, including equity and fixed income, and it manages assets for foundations, endowments, and corporate plans. Jay C. Horgen serves as the CEO, leading a workforce of about 5,600 employees.
Bottom Line
Tracy Palandjian's recent purchase of Affiliated Managers Group shares highlights ongoing insider interest in the company. AMG's robust financial performance, coupled with positive analyst ratings, makes it a stock to watch. As always, remember that insider transactions and analyst opinions are just part of the investment picture.
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