Amentum Holdings, Inc. (NYSE:AMTM - Get Free Report) was the target of some unusual options trading on Tuesday. Stock investors purchased 11,482 call options on the stock. This represents an increase of 227% compared to the typical volume of 3,516 call options.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on the company. 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. Raymond James assumed coverage on Amentum in a research report on Thursday, November 21st. They set an "outperform" rating and a $30.00 price target for the company. Finally, Royal Bank of Canada assumed coverage on Amentum in a research report on Friday. They set a "sector perform" rating and a $24.00 price target for the company.
View Our Latest Report on AMTM
Amentum Stock Up 1.8 %
Shares of Amentum stock traded up $0.40 on Tuesday, reaching $23.22. 2,068,705 shares of the company were exchanged, compared to its average volume of 2,670,042. Amentum has a one year low of $18.38 and a one year high of $34.50. The firm's 50-day moving average is $23.84.
Institutional Investors Weigh In On Amentum
Institutional investors and hedge funds have recently made changes to their positions in the stock. Arrow Financial Corp bought a new stake in shares of Amentum during the 3rd quarter worth approximately $26,000. US Bancorp DE bought a new stake in shares of Amentum during the 3rd quarter worth approximately $30,000. Anchor Investment Management LLC bought a new stake in shares of Amentum during the 3rd quarter worth approximately $32,000. Signaturefd LLC bought a new stake in Amentum in the 3rd quarter valued at $33,000. Finally, Glen Eagle Advisors LLC bought a new stake in Amentum in the 3rd quarter valued at $35,000. Institutional investors own 39.93% of the company's stock.
Amentum Company Profile
(
Get Free Report)
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.
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