Ambev (NYSE:ABEV) Shares Bought 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

NYSE ABEV traded down $0.01 during trading on Wednesday, reaching $1.85. The company’s stock had a trading volume of 7,322,221 shares, compared to its average volume of 45,339,715. The firm has a 50 day moving average price of $1.93 and a 200 day moving average price of $2.16. Ambev S.A. has a 12 month low of $1.76 and a 12 month high of $2.72. The firm has a market capitalization of $29.07 billion, a price-to-earnings ratio of 10.25, a price-to-earnings-growth ratio of 5.56 and a beta of 1.04. The company has a current ratio of 1.20, a quick ratio of 0.89 and a debt-to-equity ratio of 0.02.

Ambev Cuts Dividend

The firm also recently declared an annual dividend, which was paid on Thursday, January 9th. Investors of record on Monday, December 23rd were given a dividend of $0.0414 per share. This represents a yield of 1.93%. The ex-dividend date was Monday, December 23rd. Ambev’s dividend payout ratio is 38.89%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. MCIA Inc purchased a new stake in Ambev in the 3rd quarter valued at about $25,000. Insight Inv LLC purchased a new stake in shares of Ambev during the fourth quarter valued at approximately $25,000. HTLF Bank bought a new stake in Ambev during the third quarter worth $26,000. Wealthstream Advisors Inc. purchased a new stake in shares of Ambev during the 3rd quarter valued at $29,000. Finally, Naviter Wealth LLC bought a new stake in shares of Ambev during the 4th quarter worth $29,000. 8.13% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on ABEV shares. StockNews.com initiated coverage on Ambev in a research note on Monday, January 27th. They issued a “buy” rating on the stock. Citigroup reissued a “neutral” rating on shares of Ambev in a research report on Wednesday, January 22nd. Bank of America downgraded shares of Ambev from a “buy” rating to a “neutral” rating in a research report on Friday, January 17th. Finally, Barclays dropped their target price on shares of Ambev from $2.50 to $2.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 21st. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $2.45.

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.

Ambev Company Profile

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.