--- title: "Top Insiders Quietly Cash Out Millions in Affiliated Managers Stock Shake-Up" type: "News" locale: "en" url: "https://longbridge.com/en/news/285794749.md" description: "Insider activity at Affiliated Managers (AMG) on May 8, 2026, saw two directors selling significant shares: Felix V. Matos Rodriguez sold 1,000 shares for $300,180, and David Christopher Ryan sold 3,402 shares for $1,037,814. Despite these sales, AMG's stock reacted positively to its Q1 results, showcasing record AUM and strong EBITDA growth. Analysts from BofA, Deutsche Bank, and Goldman Sachs adjusted price targets due to strong inflows and growth expectations, while Spark rated AMG as Neutral, citing profitability but concerns over cash-flow conversion." datetime: "2026-05-09T02:09:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285794749.md) - [en](https://longbridge.com/en/news/285794749.md) - [zh-HK](https://longbridge.com/zh-HK/news/285794749.md) --- # Top Insiders Quietly Cash Out Millions in Affiliated Managers Stock Shake-Up New insider activity at Affiliated Managers ( (AMG) ) has taken place on May 8, 2026. ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Affiliated Managers has seen notable insider activity, with two directors recently selling company stock. Director Felix V. Matos Rodriguez sold 1,000 shares of Affiliated Managers stock in a transaction valued at $300,180. In a separate move, Director David Christopher Ryan sold 3,402 shares, bringing in proceeds of $1,037,814. These transactions highlight substantial share sales by members of the company’s board of directors. **Recent Updates on AMG stock** Affiliated Managers’ shares reacted to its upbeat Q1 call, as record AUM, robust alternative inflows, strong EBITDA and EPS growth, and heavy buybacks highlighted operating leverage and cash generation despite equity outflows and seasonal performance-fee headwinds. BofA, Deutsche Bank and Goldman Sachs tweaked price targets mainly on unprecedented net inflows, leadership in tax-aware liquid alternatives, private markets strength, and expectations for continued EBITDA and EPS expansion, while TD Cowen’s modest reduction reflected model updates following results yet still acknowledged a favorable long-term growth and capital return profile. **Spark’s Take on AMG Stock** According to Spark, TipRanks’ AI Analyst, AMG is a Neutral. The score is driven primarily by solid underlying profitability and balance-sheet positioning, plus a notably strong and confident earnings outlook with record AUM/flows and aggressive repurchases. The biggest offset is the sharp deterioration in reported 2025 cash-flow conversion, which raises quality/sustainability questions despite strong reported earnings; technicals and valuation are broadly neutral. To see Spark’s full report on AMG stock, click here. **More about Affiliated Managers** **YTD Price Performance:** 3.29% **Average Trading Volume:** 400,901 **Technical Sentiment Signal:** Buy **Current Market Cap:** $7.95B ### Related Stocks - [AMG.US](https://longbridge.com/en/quote/AMG.US.md) - [BAC.US](https://longbridge.com/en/quote/BAC.US.md) - [DBK.DE](https://longbridge.com/en/quote/DBK.DE.md) - [DB.US](https://longbridge.com/en/quote/DB.US.md) - [GS.US](https://longbridge.com/en/quote/GS.US.md) - [TD.US](https://longbridge.com/en/quote/TD.US.md) - [MGRE.US](https://longbridge.com/en/quote/MGRE.US.md) - [BAC-Q.US](https://longbridge.com/en/quote/BAC-Q.US.md) - [BML-L.US](https://longbridge.com/en/quote/BML-L.US.md) - [BAC-L.US](https://longbridge.com/en/quote/BAC-L.US.md) - [BAC-K.US](https://longbridge.com/en/quote/BAC-K.US.md) - [BML-H.US](https://longbridge.com/en/quote/BML-H.US.md) - [BAC-N.US](https://longbridge.com/en/quote/BAC-N.US.md) - [BAC-E.US](https://longbridge.com/en/quote/BAC-E.US.md) - [MER-K.US](https://longbridge.com/en/quote/MER-K.US.md) - [BAC-O.US](https://longbridge.com/en/quote/BAC-O.US.md) - [BML-G.US](https://longbridge.com/en/quote/BML-G.US.md) - [BAC-M.US](https://longbridge.com/en/quote/BAC-M.US.md) - [BAC-B.US](https://longbridge.com/en/quote/BAC-B.US.md) - [BML-J.US](https://longbridge.com/en/quote/BML-J.US.md) - [BAC-S.US](https://longbridge.com/en/quote/BAC-S.US.md) - [BAC-P.US](https://longbridge.com/en/quote/BAC-P.US.md) - [8648.JP](https://longbridge.com/en/quote/8648.JP.md) - [03KB.DE](https://longbridge.com/en/quote/03KB.DE.md) - [DPB.DE](https://longbridge.com/en/quote/DPB.DE.md) - [W4VR.SG](https://longbridge.com/en/quote/W4VR.SG.md) ## Related News & Research - [Arbejdsmarkedets Tillaegspension Makes New Investment in Affiliated Managers Group, Inc. $AMG](https://longbridge.com/en/news/286523431.md) - [Northwestern Mutual Wealth Management Co. 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