Stocks of Artisan Partners Asset Management Inc (NYSE:APAM) traded higher last session on Wall Street, up 0.43% to $35.04.
APAM stock price is now -13.10% away from the 50-day moving average and -17.15% away from the 200-day moving average. The market capitalization of the company currently stands at $2.81B.
With the price target of $41, TD Cowen recently initiated with Market Perform rating for Artisan Partners Asset Management Inc (NYSE: APAM). On March 07, 2023, Goldman Downgraded its previous ‘Neutral’ rating to ‘Sell’ on the stock reducing its target price from $33 to quote $27, while ‘Credit Suisse’ rates the stock as ‘Neutral’
In other news, Ramirez Gregory K, Executive Vice President sold 5,905 shares of the company’s stock on Mar 07 ’25. The stock was sold for $254,846 at an average price of $43.16. Upon completion of the transaction, the Executive Vice President now directly owns 104,836 shares in the company, valued at $3.67 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 07 ’25, Officer Ramirez Gregory K bought 5,905 shares of the business’s stock. A total of $254,846 was incurred on buying the stock at an average price of $43.16. A total of 2.67% of the company’s stock is owned by insiders.
During the past 12 months, Artisan Partners Asset Management Inc has had a low of $32.75 and a high of $48.98. According to the stock market information, the enterprise value for the company is $2846491648, which is based on a 9.83 price-to-earnings ratio, a 9.63 price-to-earnings-growth ratio, and a beta of 1.64. The fifty day moving average price for APAM is $40.3836 and a two-hundred day moving average price translates $42.6779 for the stock.
The latest earnings results from Artisan Partners Asset Management Inc (NYSE: APAM) was released for 2024-12-31. The net profit margin was 19.95% and return on equity was 66.31% for APAM. The company reported revenue of $297.05 million for the quarter, compared to $249.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 19.3 percent.
