American Well (AMWL) News Today

American Well Co. (NYSE:AMWL - Get Free Report) COO Kurt Knight sold 3,053 shares of the company's stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $7.87, for a total value of $24,027.11. Following the sale, the chief operating officer now directly owns 146,286 shares of the company's stock, valued at approximately $1,151,270.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Doximity Inc. (NYSE: DOCS) is a digital professional medical networking platform that is a cross between LinkedIn and Meta Platforms Inc.

American Well Co. (NYSE:AMWL - Get Free Report) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totalling 582,000 shares, a growth of 37.6% from the July 15th total of 422,900 shares. Based on an average daily volume of 178,300 shares, the days-to-cover ratio is currently 3.3 days. Approximately 5.0% of the shares of the company are short sold.

Wells Fargo & Company dropped their price objective on shares of American Well from $40.00 to $15.00 and set an "equal weight" rating on the stock in a report on Tuesday.

American Well Co. (NYSE:AMWL - Get Free Report) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totalling 422,900 shares, a decline of 53.5% from the June 30th total of 909,200 shares. Based on an average trading volume of 157,100 shares, the days-to-cover ratio is currently 2.7 days. Approximately 3.6% of the company's shares are sold short.

American Well (NYSE:AMWL) will be releasing earnings after the market closes on Wednesday, July 31, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=609463)

Virtual healthcare provider Teladoc Health Inc. (NYSE: TDOC) stock is trading down 57.8% year-to-date (YTD). The collapse occurred after reporting Q4 2023

American Well (NYSE:AMWL) Stock Price Down 2%

American Well (NYSE:AMWL) Shares Gap Down to $6.66

American Well Co. (NYSE:AMWL - Get Free Report) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 18,270,000 shares, an increase of 42.5% from the May 31st total of 12,820,000 shares. Based on an average daily trading volume, of 2,430,000 shares, the short-interest ratio is presently 7.5 days.

American Well Co. (NYSE:AMWL - Get Free Report) Director Deborah C. Jackson sold 42,202 shares of American Well stock in a transaction that occurred on Monday, June 24th. The stock was sold at an average price of $0.41, for a total value of $17,302.82. Following the completion of the transaction, the director now directly owns 636,683 shares in the company, valued at $261,040.03. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Doximity stock is surging as analysts and investors are taking note of the cloud-based digital platform's strong revenue and earnings growth

UBS Group cut their price target on American Well from $1.50 to $0.60 and set a "neutral" rating for the company in a report on Thursday.

American Well (NYSE:AMWL - Get Free Report) released its quarterly earnings data on Wednesday. The company reported ($0.25) EPS for the quarter, missing analysts' consensus estimates of ($0.18) by ($0.07). American Well had a negative return on equity of 40.19% and a negative net margin of 260.63%. The company had revenue of $59.52 million for the quarter, compared to the consensus estimate of $61.10 million. During the same period last year, the firm earned ($0.24) earnings per share.

Needham & Company LLC restated a "hold" rating on shares of American Well in a research report on Thursday.