ASP.NET Identity change password

EDIT: I know the OP requested an answer which performs the task in one transaction but I think the code is useful to people.

All the answers use the PasswordHasher directly which isn't a good idea as you will lose some baked in functionality (validation etc).

An alternative (and I would assume the recommended approach) is to create a password reset token and then use that to change the password. Example:

var user = await UserManager.FindByIdAsync(id);

var token = await UserManager.GeneratePasswordResetTokenAsync(user);

var result = await UserManager.ResetPasswordAsync(user, token, "MyN3wP@ssw0rd");

This method worked for me:

public async Task<IHttpActionResult> changePassword(UsercredentialsModel usermodel)
{
  ApplicationUser user = await AppUserManager.FindByIdAsync(usermodel.Id);
  if (user == null)
  {
    return NotFound();
  }
  user.PasswordHash = AppUserManager.PasswordHasher.HashPassword(usermodel.Password);
  var result = await AppUserManager.UpdateAsync(user);
  if (!result.Succeeded)
  {
    //throw exception......
  }
  return Ok();
}