Rep. William R. Keating Sells Off Shares of Amentum Holdings, Inc. (NYSE:AMTM)

Representative William R. Keating (D-Massachusetts) recently sold shares of Amentum Holdings, Inc. NYSE: AMTM. In a filing disclosed on November 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Amentum stock on October 31st. The trade occurred in the Representative's "BILL'S IRA" account.

Representative William R. Keating also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 10/31/2024.
• Purchased $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 10/31/2024.
• Purchased $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 10/31/2024.
• Purchased $1,001 - $15,000 in shares of QUALCOMM NASDAQ: QCOM on 10/31/2024.
• Sold $1,001 - $15,000 in shares of Caterpillar NYSE: CAT on 9/11/2024.
• Sold $1,001 - $15,000 in shares of NXP Semiconductors NASDAQ: NXPI on 9/11/2024.

Amentum Price Performance

AMTM stock traded up $0.85 during midday trading on Thursday, hitting $31.85. 1,338,806 shares of the company's stock were exchanged, compared to its average volume of 2,945,426. Amentum Holdings, Inc. has a 1-year low of $23.58 and a 1-year high of $34.50.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Dover Advisors LLC acquired a new stake in Amentum in the third quarter valued at $219,000. McKinley Carter Wealth Services Inc. acquired a new stake in Amentum in the third quarter valued at $1,764,000. Heritage Family Offices LLP acquired a new stake in shares of Amentum during the third quarter worth about $308,000. ZWJ Investment Counsel Inc. acquired a new stake in shares of Amentum during the third quarter worth about $2,256,000. Finally, Compass Wealth Management LLC acquired a new stake in shares of Amentum during the third quarter worth about $804,000.

Analyst Upgrades and Downgrades

Separately, Truist Financial assumed coverage on Amentum in a research report on Monday, October 14th. They set a "buy" rating and a $31.00 price target for the company.

About Representative Keating

Bill Keating (Democratic Party) is a member of the U.S. House, representing Massachusetts' 9th Congressional District. He assumed office on January 3, 2013. His current term ends on January 3, 2025. Keating (Democratic Party) is running for re-election to the U.S. House to represent Massachusetts' 9th Congressional District. He declared candidacy for the 2024 election. Keating was first elected to the House in 2010 for Massachusetts' 10th Congressional District but due to redistricting, he won re-election in Massachusetts' 9th Congressional District on November 6, 2012. Prior to being elected to the House, Keating was a member of the Massachusetts House of Representatives and a member of the Massachusetts State Senate. He also served as the Norfolk District Attorney. After earning his bachelor's degree, Keating went into politics as a 23-year-old representative in the Massachusetts House of Representatives. He served in that chamber for seven years and went on to be elected to the Massachusetts Senate. Keating also earned his master's degree and J.D., passing the Massachusetts bar. In the decade between serving in the state senate and being elected to the U.S. House, Keating worked as the Norfolk district attorney.

About Amentum

Amentum Holdings, Inc provides engineering and technology solutions to address challenges in science, security, and sustainability. It serves various markets, such as energy and environment, space, intelligence, defense, civilian, commercial, and international markets. The company was incorporated in 2010 and is headquatered in Chantilly, Virginia.