Insider buying in AMG signals undervalue and confidence
From a technical perspective the chart is looking like a possible reversal is on the way, after suffering a 50% downside drop, it would come as a welcome relief for investors. The recent insider buying may be the catalysts for such a move as the put their money on the line and see value at the current price level.
AVERAGE ANALYSTS PRICE TARGET $112
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
COMPANY PROFILE
Affiliated Managers Group, Inc. is an asset management company with equity investments in a diverse group of growing, boutique investment management firms. The firm provides assistance to investment management firms in strategic matters, marketing, distribution, product development and operations. The company was founded by William J. Nutt in December 1993 and is headquartered in West Palm Beach, FL.
AVERAGE ANALYSTS PRICE TARGET $112
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
COMPANY PROFILE
Affiliated Managers Group, Inc. is an asset management company with equity investments in a diverse group of growing, boutique investment management firms. The firm provides assistance to investment management firms in strategic matters, marketing, distribution, product development and operations. The company was founded by William J. Nutt in December 1993 and is headquartered in West Palm Beach, FL.