APAM
Artisan Partners Asset Management Inc. Financial Services - Asset Management Investor Relations →
Artisan Partners Asset Management Inc. (APAM) closed at $45.12 as of 2026-02-02, trading 29.6% above its 200-week moving average of $34.83. The stock moved further from the line this week, up from 28.1% last week. The 14-week RSI sits at 59, indicating neutral momentum.
Over the past 626 weeks of data, APAM has crossed below its 200-week moving average 12 times. On average, these episodes lasted 18 weeks. Historically, investors who bought APAM at the start of these episodes saw an average one-year return of +31.6%.
With a market cap of $3.2 billion, APAM is a mid-cap stock. Return on equity stands at 49.3%, indicating strong profitability. The stock trades at 6.7x book value.
Share count has increased 5.1% over three years, indicating dilution.
Over the past 12.1 years, a hypothetical investment of $100 in APAM would have grown to $200, compared to $455 for the S&P 500. APAM has returned 5.9% annualized vs 13.4% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -2.1% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: APAM vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After APAM Crosses Below the Line?
Across 12 historical episodes, buying APAM when it crossed below its 200-week moving average produced an average return of +35.3% after 12 months (median +36.0%), compared to +19.3% for the S&P 500 over the same periods. 67% of those episodes were profitable after one year. After 24 months, the average return was +58.5% vs +44.2% for the index.
Each line shows $100 invested at the moment APAM crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
APAM has crossed below its 200-week MA 12 times with an average 1-year return of +31.6% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jul 2014 | Aug 2014 | 1 | 1.5% | -1.0% | +142.7% |
| Sep 2014 | Nov 2014 | 8 | 7.2% | -25.0% | +138.7% |
| Dec 2014 | Oct 2017 | 149 | 44.1% | -18.9% | +140.5% |
| Oct 2018 | Feb 2019 | 19 | 24.7% | +5.3% | +201.9% |
| Mar 2019 | Apr 2019 | 4 | 2.4% | +13.8% | +215.9% |
| May 2019 | Jun 2019 | 3 | 4.7% | +19.2% | +220.5% |
| Mar 2020 | Apr 2020 | 7 | 19.2% | +144.0% | +223.6% |
| Sep 2022 | Nov 2022 | 7 | 16.5% | +35.4% | +95.7% |
| Dec 2022 | Jan 2023 | 3 | 7.8% | +55.7% | +81.4% |
| Mar 2023 | Apr 2023 | 5 | 8.3% | +59.7% | +83.6% |
| May 2023 | May 2023 | 3 | 2.2% | +39.3% | +69.3% |
| Oct 2023 | Oct 2023 | 2 | 4.5% | +51.4% | +60.8% |
| Average | 18 | — | +31.6% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02