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Thomas Kean Jr. trades in Amentum and Jacobs Solutions stocks

Published 16/10/2024, 22:38
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New Jersey's 7th congressional district representative, Thomas Kean Jr., has recently made several transactions involving Amentum Holdings, Inc. (AMTM) and Jacobs Solutions Inc. (J) stocks. The transactions were conducted through various accounts held with State Street (NYSE:STT) Bank & Trust Co.

Kean Jr. made multiple exchanges of Amentum Holdings, Inc. common stock, each valued between $1,001 and $15,000. These transactions were conducted across several accounts, including State Street Bank & Trust Co., State Street Bank & Trust Co. DC1, State Street Bank & Trust Co. DC2, and State Street Bank & Trust Co. SP.

In addition to Amentum, the congressman also conducted several transactions with Jacobs Solutions Inc. common stock. Each of these transactions was valued between $15,001 and $50,000. Similar to the Amentum trades, these transactions were spread across multiple accounts held with State Street Bank & Trust Co.

Kean Jr. also engaged in transactions involving Liberty Media Corporation (NASDAQ:FWONA) - Series A Liberty SiriusXM Common Stock (LSXMA), Liberty Media Corporation - Series C Liberty SiriusXM Common Stock (LSXMK), and SiriusXM Holdings Inc. - Common Stock (SIRI). Each of these transactions was valued between $1,001 and $15,000.

Furthermore, a partial sale of Nike , Inc. Common Stock (NYSE:NKE) was reported, valued between $1,001 and $15,000. This transaction was conducted through the Kean Family Partnership.

InvestingPro Insights

While Representative Thomas Kean Jr. has been actively managing his investment portfolio, including transactions in Amentum Holdings, Inc. (AMTM), it's worth noting some key financial metrics for AMTD Digital Inc., which may provide context for the broader financial services sector.

According to InvestingPro data, AMTD Digital Inc. currently has a market capitalization of $91.16 million USD. The company's Price to Book ratio stands at a remarkably low 0.07, indicating that the stock may be undervalued relative to its book value. This aligns with an InvestingPro Tip suggesting that AMTD is "Trading at a low Price / Book multiple."

Despite the low valuation, AMTD Digital Inc. has shown profitability over the last twelve months, as highlighted by another InvestingPro Tip. However, the company's revenue growth has been negative, with a -29.6% decline in the last twelve months as of Q4 2023.

It's important to note that while AMTD Digital Inc. appears to be profitable, its stock price performance has been poor. An InvestingPro Tip points out that the price has fallen significantly over the last year and has performed poorly over the last decade. This long-term trend could be of interest to investors like Representative Kean Jr. who are actively managing their portfolios.

For those interested in a more comprehensive analysis, InvestingPro offers 6 additional tips for AMTD Digital Inc., providing a deeper insight into the company's financial health and market position.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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