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Ameriprise Financial Chairman & CEO James Cracchiolo Sells 31% Of Holding
Ameriprise Financial’s Chairman & CEO, James Cracchiolo, recently sold US$27 million worth of stock, reducing his holding by 31% at a price of US$545 per share, which is above the current market price of US$467. While this sale was a significant insider transaction, there have been no insider purchases in the past year. Insiders still own a notable 0.2% of the company, and Ameriprise Financial is currently profitable and growing.