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Affiliated Managers Group (NYSE:AMG) CEO Sean M. Healey sold 144,247 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $200.85, for a total transaction of $28,972,009.95. Following the transaction, the chief executive officer now directly owns 132,866 shares in the company, valued at approximately $26,686,136. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Affiliated Managers Group (NYSE:AMG) traded up 1.70% on Monday, hitting $204.25. The stock had a trading volume of 304,666 shares. Affiliated Managers Group has a one year low of $171.81 and a one year high of $219.39. The stock has a 50-day moving average of $201.6 and a 200-day moving average of $194.. The company has a market cap of $11.346 billion and a P/E ratio of 27.38.

Affiliated Managers Group (NYSE:AMG) last released its earnings data on Tuesday, July 29th. The company reported $2.65 EPS for the quarter, beating the Thomson Reuters consensus estimate of $2.60 by $0.05. The company had revenue of $541.00 million for the quarter, compared to the consensus estimate of $630.56 million. During the same quarter in the prior year, the company posted $2.18 earnings per share. The company’s quarterly revenue was up 17.6% on a year-over-year basis. On average, analysts predict that Affiliated Managers Group will post $11.86 earnings per share for the current fiscal year.

A number of research firms have recently commented on AMG. Analysts at Credit Suisse cut their price target on shares of Affiliated Managers Group from $262.00 to $260.00 in a research note on Wednesday, August 20th. Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of Affiliated Managers Group from $235.00 to $238.00 in a research note on Thursday, July 31st. Finally, analysts at Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of Affiliated Managers Group in a research note on Monday, July 14th. They now have a $235.00 price target on the stock, up previously from $232.00. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Affiliated Managers Group presently has a consensus rating of “Buy” and a consensus price target of $233.17.

Affiliated Managers Group, Inc (NYSE:AMG) is a global asset management company with equity investments in a diverse group of boutique investment management firms (Affiliates).

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