Jane Street Group LLC Invests $1.84 Million in Amentum Holdings, Inc. (NYSE:AMTM)

Jane Street Group LLC purchased a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM) in the third quarter, Holdings Channel reports. The firm purchased 57,147 shares of the company’s stock, valued at approximately $1,843,000.

A number of other large investors have also added to or reduced their stakes in the company. Arrow Financial Corp purchased a new stake in shares of Amentum during the third quarter worth about $26,000. US Bancorp DE purchased a new stake in Amentum in the 3rd quarter worth approximately $30,000. Signaturefd LLC bought a new stake in shares of Amentum in the 3rd quarter worth approximately $33,000. HM Payson & Co. purchased a new position in shares of Amentum during the third quarter valued at approximately $38,000. Finally, Studio Investment Management LLC bought a new position in shares of Amentum during the third quarter valued at approximately $42,000. Institutional investors own 39.93% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Raymond James began coverage on shares of Amentum in a report on Thursday, November 21st. They issued an “outperform” rating and a $30.00 price target on the stock. Truist Financial started coverage on shares of Amentum in a research report on Monday, October 14th. They set a “buy” rating and a $31.00 price target on the stock.

Amentum Stock Performance

NYSE AMTM opened at $19.81 on Thursday. The company’s 50 day moving average price is $26.11. Amentum Holdings, Inc. has a twelve month low of $18.38 and a twelve month high of $34.50.

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.