Senator Sheldon Whitehouse (D-Rhode Island) recently sold shares of Amgen Inc. NASDAQ: AMGN. In a filing disclosed on October 03rd, the Senator disclosed that they had sold between $1,001 and $15,000 in Amgen stock on September 4th.
Senator Sheldon Whitehouse also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Verizon Communications NYSE: VZ on 9/4/2025.
- Sold $15,001 - $50,000 in shares of UnitedHealth Group NYSE: UNH on 9/4/2025.
- Sold $15,001 - $50,000 in shares of Honeywell International NASDAQ: HON on 9/4/2025.
- Sold $15,001 - $50,000 in shares of Apple NASDAQ: AAPL on 9/4/2025.
- Sold $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 9/4/2025.
- Sold $15,001 - $50,000 in shares of Microsoft NASDAQ: MSFT on 9/4/2025.
- Sold $1,001 - $15,000 in shares of Kenvue NYSE: KVUE on 8/28/2025.
- Sold $1,001 - $15,000 in shares of Danaher NYSE: DHR on 8/28/2025.
- Sold $15,001 - $50,000 in shares of UnitedHealth Group NYSE: UNH on 8/28/2025.
- Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 8/28/2025.
Amgen Trading Up 0.2%
Shares of Amgen stock opened at $297.89 on Friday. The company has a current ratio of 1.31, a quick ratio of 0.98 and a debt-to-equity ratio of 7.24. Amgen Inc. has a 12-month low of $253.30 and a 12-month high of $335.88. The firm has a market capitalization of $160.37 billion, a price-to-earnings ratio of 24.36, a PEG ratio of 2.58 and a beta of 0.49. The firm's 50 day simple moving average is $287.34 and its two-hundred day simple moving average is $288.36.
Amgen (NASDAQ:AMGN - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The medical research company reported $6.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.28 by $0.74. Amgen had a net margin of 18.96% and a return on equity of 174.71%. The business had revenue of $9.18 billion for the quarter, compared to analyst estimates of $8.86 billion. During the same quarter in the prior year, the business posted $4.97 EPS. Amgen's revenue for the quarter was up 9.4% compared to the same quarter last year. Amgen has set its FY 2025 guidance at 20.200-21.300 EPS. Analysts predict that Amgen Inc. will post 20.62 EPS for the current year.
Amgen Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, August 22nd were paid a dividend of $2.38 per share. The ex-dividend date was Friday, August 22nd. This represents a $9.52 dividend on an annualized basis and a yield of 3.2%. Amgen's dividend payout ratio is presently 77.84%.
Insider Transactions at Amgen
In other Amgen news, SVP Nancy A. Grygiel sold 1,267 shares of the stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $296.99, for a total transaction of $376,286.33. Following the transaction, the senior vice president directly owned 7,209 shares of the company's stock, valued at $2,141,000.91. This trade represents a 14.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.76% of the stock is currently owned by insiders.
Analysts Set New Price Targets
A number of research analysts have issued reports on the stock. Raymond James Financial assumed coverage on shares of Amgen in a research note on Wednesday, September 3rd. They set a "market perform" rating on the stock. William Blair restated an "outperform" rating on shares of Amgen in a research note on Tuesday, June 24th. Weiss Ratings restated a "hold (c+)" rating on shares of Amgen in a research note on Saturday, September 27th. UBS Group cut their price target on shares of Amgen from $326.00 to $317.00 and set a "neutral" rating on the stock in a research note on Wednesday, August 6th. Finally, Morgan Stanley increased their price objective on shares of Amgen from $330.00 to $333.00 and gave the stock an "equal weight" rating in a research note on Wednesday, August 6th. Seven research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Amgen presently has an average rating of "Hold" and a consensus target price of $309.70.
Read Our Latest Research Report on Amgen
Institutional Trading of Amgen
Several hedge funds and other institutional investors have recently added to or reduced their stakes in AMGN. Laurel Wealth Advisors LLC grew its position in Amgen by 27,765.8% during the second quarter. Laurel Wealth Advisors LLC now owns 6,700,621 shares of the medical research company's stock valued at $1,870,880,000 after buying an additional 6,676,575 shares during the period. Norges Bank purchased a new position in Amgen during the second quarter valued at $1,663,726,000. Nuveen LLC purchased a new position in Amgen during the first quarter valued at $688,868,000. Vanguard Group Inc. lifted its holdings in Amgen by 1.6% during the second quarter. Vanguard Group Inc. now owns 53,711,570 shares of the medical research company's stock valued at $14,996,807,000 after purchasing an additional 841,117 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Amgen by 5.6% during the second quarter. Charles Schwab Investment Management Inc. now owns 12,893,677 shares of the medical research company's stock valued at $3,600,043,000 after purchasing an additional 687,735 shares in the last quarter. Institutional investors and hedge funds own 76.50% of the company's stock.
About Senator Whitehouse
Sheldon Whitehouse (Democratic Party) is a member of the U.S. Senate from Rhode Island. He assumed office on January 3, 2007. His current term ends on January 3, 2031.
Whitehouse (Democratic Party) ran for re-election to the U.S. Senate to represent Rhode Island. He won in the general election on November 5, 2024.
About Amgen
(
Get Free Report)
Amgen Inc discovers, develops, manufactures, and delivers human therapeutics worldwide. The company's principal products include Enbrel to treat plaque psoriasis, rheumatoid arthritis, and psoriatic arthritis; Otezla for the treatment of adult patients with plaque psoriasis, psoriatic arthritis, and oral ulcers associated with Behçet's disease; Prolia to treat postmenopausal women with osteoporosis; XGEVA for skeletal-related events prevention; Repatha, which reduces the risks of myocardial infarction, stroke, and coronary revascularization; Nplate for the treatment of patients with immune thrombocytopenia; KYPROLIS to treat patients with relapsed or refractory multiple myeloma; Aranesp to treat a lower-than-normal number of red blood cells and anemia; EVENITY for the treatment of osteoporosis in postmenopausal for men and women; Vectibix to treat patients with wild-type RAS metastatic colorectal cancer; BLINCYTO for the treatment of patients with acute lymphoblastic leukemia; TEPEZZA to treat thyroid eye disease; and KRYSTEXXA for the treatment of chronic refractory gout.
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