Vertex Pharmaceuticals stock falls after pain drug fails in Phase 2 study
MILWAUKEE—Charles J. Daley Jr., Executive Vice President, Chief Financial Officer, and Treasurer at Artisan Partners Asset Management Inc. (NYSE:APAM), reported selling 15,448 shares of the company’s Class A Common Stock on June 4, 2025. The shares were sold at a weighted average price of $40.449, resulting in a total transaction value of $624,856. The transaction comes as APAM, currently valued at $3.3 billion, trades near $40.70, offering an attractive 8% dividend yield. According to InvestingPro analysis, the company has maintained dividend payments for 13 consecutive years.
Post-transaction, Daley holds 91,363 shares directly. Additionally, there is an indirect holding of 200 shares attributed to his daughter.
This sale follows a previous transaction on the same day involving a disposition of 5,000 shares, which did not involve any cash consideration.
In other recent news, Artisan Partners Asset Management Inc. announced its preliminary assets under management (AUM) totaled $162.4 billion as of March 31, 2025. The firm’s AUM includes $79.2 billion in Artisan Funds and Artisan Global Funds, with an additional $83.2 billion in separate accounts and other investment vehicles. Artisan Partners’ diverse portfolio features significant holdings in International Value at $46.8 billion and Global Value at $29.9 billion. Other notable strategies include U.S. Mid-Cap Growth with $10.3 billion and Sustainable Emerging Markets at $1.6 billion. The High Income strategy managed by the firm’s Credit Team accounts for $12.1 billion. Artisan Partners employs a unique approach by utilizing autonomous investment teams, each responsible for distinct strategies across various asset classes. This information provides a snapshot of the company’s financial position in the investment management industry as of the first quarter of 2025.
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