Artisan Partners Asset Management Inc (NYSE: APAM) on Friday, soared 0.60% from the previous trading day, before settling in for the closing price of $41.34. Within the past 52 weeks, APAM’s price has moved between $31.86 and $46.75.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Financial sector saw sales topped by 6.49%. The company achieved an average annual earnings per share of 15.74%. With a float of $68.07 million, this company’s outstanding shares have now reached $68.55 million.
The extent of productivity of a business whose workforce counts for 573 workers is very important to gauge. In terms of profitability, gross margin is 46.27%, operating margin of 35.68%, and the pretax margin is 36.2%.
Artisan Partners Asset Management Inc (APAM) Insider and Institutional Ownership
Observing investor behavior towards Asset Management industry stocks is more important than anything else. The insider ownership of Artisan Partners Asset Management Inc is 2.62%, while institutional ownership is 88.97%. The most recent insider transaction that took place on Feb 08 ’24, was worth 105,712. In this transaction Executive Vice President of this company sold 2,500 shares at a rate of $42.28, taking the stock ownership to the 83,335 shares.
Artisan Partners Asset Management Inc (APAM) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 15.74% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 23.00% during the next five years compared to 2.33% growth over the previous five years of trading.
Artisan Partners Asset Management Inc (NYSE: APAM) Trading Performance Indicators
Artisan Partners Asset Management Inc (APAM) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.61. Likewise, its price to free cash flow for the trailing twelve months is 8.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.25, a number that is poised to hit 0.87 in the next quarter and is forecasted to reach 3.59 in one year’s time.
Technical Analysis of Artisan Partners Asset Management Inc (APAM)
The latest stats from [Artisan Partners Asset Management Inc, APAM] show that its last 5-days average volume of 0.31 million was inferior to 0.46 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 52.75%. Additionally, its Average True Range was 1.01.
During the past 100 days, Artisan Partners Asset Management Inc’s (APAM) raw stochastic average was set at 41.86%, which indicates a significant decrease from 68.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.27% in the past 14 days, which was lower than the 28.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.10, while its 200-day Moving Average is $42.21. Now, the first resistance to watch is $41.94. This is followed by the second major resistance level at $42.28. The third major resistance level sits at $42.70. If the price goes on to break the first support level at $41.18, it is likely to go to the next support level at $40.76. The third support level lies at $40.42 if the price breaches the second support level.
Artisan Partners Asset Management Inc (NYSE: APAM) Key Stats
Market capitalization of the company is 2.91 billion based on 80,375K outstanding shares. Right now, sales total 975,130 K and income totals 222,290 K. The company made 270,820 K in profit during its latest quarter, and 57,570 K in sales during its previous quarter.
