Ambev (NYSE:ABEV) Stock Acquired Rep. Josh Gottheimer

Representative Josh Gottheimer (D-New Jersey) recently bought shares of Ambev S.A. NYSE: ABEV. In a filing disclosed on February 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Ambev stock on January 27th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 1/31/2025.
• Sold $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 1/31/2025.
• Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 1/31/2025.
• Purchased $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 1/31/2025.
• Purchased $1,001 - $15,000 in shares of Alibaba Group NYSE: BABA on 1/31/2025.
• Purchased $1,001 - $15,000 in shares of Twilio NYSE: TWLO on 1/31/2025.
• Sold $1,001 - $15,000 in shares of ICF International NASDAQ: ICFI on 1/31/2025.
• Purchased $1,001 - $15,000 in shares of Mastercard NYSE: MA on 1/31/2025.
• Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 1/30/2025.
• Purchased $1,001 - $15,000 in shares of 3M NYSE: MMM on 1/30/2025.

Ambev Stock Performance

Ambev stock traded up $0.04 during midday trading on Friday, hitting $1.91. 39,014,439 shares of the company were exchanged, compared to its average volume of 43,931,848. The firm has a market capitalization of $30.01 billion, a PE ratio of 10.58, a price-to-earnings-growth ratio of 5.56 and a beta of 1.04. Ambev S.A. has a fifty-two week low of $1.76 and a fifty-two week high of $2.72. The business has a fifty day simple moving average of $1.90 and a two-hundred day simple moving average of $2.15. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.89 and a current ratio of 1.20.

Ambev Cuts Dividend

The business also recently announced an annual dividend, which was paid on Thursday, January 9th. Investors of record on Monday, December 23rd were issued a dividend of $0.0414 per share. This represents a yield of 1.93%. The ex-dividend date of this dividend was Monday, December 23rd. Ambev's dividend payout ratio (DPR) is 38.89%.

Analyst Upgrades and Downgrades

Several research firms recently commented on ABEV. Bank of America lowered Ambev from a "buy" rating to a "neutral" rating in a report on Friday, January 17th. Barclays dropped their target price on Ambev from $2.50 to $2.00 and set an "equal weight" rating on the stock in a report on Tuesday, January 21st. StockNews.com began coverage on Ambev in a report on Monday, January 27th. They set a "buy" rating on the stock. Finally, Citigroup reaffirmed a "neutral" rating on shares of Ambev in a report on Wednesday, January 22nd. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, Ambev has an average rating of "Hold" and an average target price of $2.45.

Institutional Trading of Ambev

Several institutional investors have recently bought and sold shares of the business. State Street Corp lifted its position in shares of Ambev by 9.2% in the third quarter. State Street Corp now owns 10,425,374 shares of the company's stock valued at $25,438,000 after acquiring an additional 878,900 shares in the last quarter. Jane Street Group LLC lifted its position in shares of Ambev by 132.9% in the third quarter. Jane Street Group LLC now owns 1,976,147 shares of the company's stock valued at $4,822,000 after acquiring an additional 1,127,719 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of Ambev by 18.3% in the third quarter. HighTower Advisors LLC now owns 54,013 shares of the company's stock valued at $129,000 after acquiring an additional 8,350 shares in the last quarter. Stifel Financial Corp lifted its position in shares of Ambev by 298.1% in the third quarter. Stifel Financial Corp now owns 802,016 shares of the company's stock valued at $1,957,000 after acquiring an additional 600,545 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its position in shares of Ambev by 32.0% in the third quarter. Oppenheimer Asset Management Inc. now owns 1,067,893 shares of the company's stock valued at $2,606,000 after acquiring an additional 258,875 shares in the last quarter. 8.13% of the stock is owned by institutional investors and hedge funds.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About Ambev

Ambev SA, through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, malt and food, other alcoholic beverages, and non-alcoholic and non-carbonated products in Brazil, Central America and Caribbean, Latin America South, and Canada. It offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Budweiser, Bud Light, Beck, Leffe, Hoegaarden, Balboa ICE, Balboa, Atlas Golden Light, Atlas, Bucanero, Cristal, Mayabe, Presidente, Presidente Light, Brahma Light, Bohemia, The One, Corona, Modelo Especial, Stella Artois, Quilmes Clásica, Paceña, Taquiña, Huari, Becker, Cusqueña, Michelob Ultra, Busch, Pilsen, Ouro Fino, Bud 66, Banks, Deputy, Patricia, Labatt Blue, Alexander Keith's, and Kokanee brands.