Rep. Josh Gottheimer Sells Ambev S.A. (NYSE:ABEV) Stock

Representative Josh Gottheimer (D-New Jersey) recently sold shares of Ambev S.A. (NYSE:ABEV). In a filing disclosed on March 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Ambev stock on February 6th. 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 The Goldman Sachs Group (NYSE:GS) on 2/28/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 2/28/2025.
• Sold $1,001 – $15,000 in shares of Block (NYSE:XYZ) on 2/27/2025.
• Sold $1,001 – $15,000 in shares of KKR & Co. Inc. (NYSE:KKR) on 2/27/2025.
• Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 2/27/2025.
• Sold $1,001 – $15,000 in shares of Paragon 28 (NYSE:FNA) on 2/27/2025.
• Sold $1,001 – $15,000 in shares of KKR & Co. Inc. (NYSE:KKR) on 2/26/2025.
• Purchased $1,001 – $15,000 in shares of Fiserv (NYSE:FI) on 2/26/2025.
• Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 2/26/2025.
• Sold $1,001 – $15,000 in shares of Vertiv (NYSE:VRT) on 2/25/2025.

Ambev Trading Up 1.1 %

Shares of NYSE ABEV traded up $0.03 during midday trading on Friday, reaching $2.24. The stock had a trading volume of 21,843,102 shares, compared to its average volume of 37,262,559. The firm has a market cap of $35.21 billion, a price-to-earnings ratio of 12.42, a price-to-earnings-growth ratio of 5.80 and a beta of 0.94. Ambev S.A. has a twelve month low of $1.76 and a twelve month high of $2.58. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.89 and a current ratio of 1.20. The company’s 50 day moving average price is $1.89 and its 200 day moving average price is $2.13.

Ambev (NYSE:ABEV) last released its quarterly earnings data on Wednesday, February 26th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.01). The company had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $22.42 billion. Ambev had a net margin of 17.02% and a return on equity of 16.12%. As a group, sell-side analysts expect that Ambev S.A. will post 0.18 EPS for the current year.

Ambev Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Tuesday, March 18th will be given a $0.0221 dividend. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $0.09 dividend on an annualized basis and a dividend yield of 3.95%. Ambev’s dividend payout ratio (DPR) is currently 52.94%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ABEV. MCIA Inc purchased a new stake in shares of Ambev during the third quarter valued at approximately $25,000. Insight Inv LLC purchased a new stake in shares of Ambev during the fourth quarter valued at approximately $25,000. Generation Capital Management LLC purchased a new stake in shares of Ambev during the fourth quarter valued at approximately $28,000. Wealthstream Advisors Inc. purchased a new stake in shares of Ambev during the third quarter valued at approximately $29,000. Finally, Naviter Wealth LLC purchased a new stake in shares of Ambev during the fourth quarter valued at approximately $29,000. 8.13% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have commented on the stock. Citigroup restated a “neutral” rating on shares of Ambev in a research note on Wednesday, January 22nd. StockNews.com assumed coverage on shares of Ambev in a research note on Monday, January 27th. They set a “buy” rating for the company. Bank of America lowered shares of Ambev from a “buy” rating to a “neutral” rating in a research note on Friday, January 17th. Finally, Barclays decreased their price target on shares of Ambev from $2.50 to $2.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 21st. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, Ambev has an average 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.

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.