James M. Cracchiolo, Chairman and CEO of Ameriprise Financial (NYSE: AMP), has demonstrated a consistent pattern of reducing his holdings in the company over the past two years, with no recent purchases offsetting his sales. Since 2024, Cracchiolo has executed 43 transactions exclusively in AMP shares, with a pronounced selling bias—$99.2 million in total sales compared to just $800,749 in buys. His most significant disposals occurred in early 2026, including seven sales on February 4 alone totaling $28.6 million, with individual transactions ranging from $972,547 to $8.6 million. Prior to this, he sold $9.1 million worth of shares on January 27, 2026, following a $12.3 million disposal in January 2025. The only notable buy in this period was a $425,000 acquisition in February 2025, which stands as an outlier amid the broader divestment trend. Cracchiolo’s activity suggests a deliberate reduction in exposure to AMP, with the pace accelerating in early 2026. The absence of any buys since 2025 reinforces the directional shift, though the transactions appear structured, possibly tied to prearranged trading plans given their clustering around specific dates. The scale of selling—particularly the multi-million-dollar disposals—indicates a significant unwind of his position in the financial services firm he leads.
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