Investors Buy Large Volume of Call Options on Ambev (NYSE:ABEV)

Posted by Brenda Bartman on Oct 6th, 2026

Ambev S.A. (NYSE:ABEV – Get Free Report) was the target of some unusual options trading on Monday. Stock traders purchased 2,166 call options on the company. This represents an increase of approximately 814% compared to the average daily volume of 237 call options.

Ambev Stock Up 8.9%

ABEV opened at $3.25 on Tuesday. The stock’s 50 day moving average price is $2.96 and its 200 day moving average price is $3.04. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.02 and a quick ratio of 0.76. The stock has a market cap of $51.30 billion, a P/E ratio of 16.27, a P/E/G ratio of 2.18 and a beta of 0.58. Ambev has a 12 month low of $2.10 and a 12 month high of $3.45.

Ambev (NYSE:ABEV – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.04 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.04. The company had revenue of $3.89 billion during the quarter, compared to analyst estimates of $4.05 billion. Ambev had a return on equity of 17.48% and a net margin of 18.47%. As a group, research analysts predict that Ambev will post 0.2 earnings per share for the current year.

Ambev Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, January 11th. Investors of record on Wednesday, September 23rd will be given a $0.0092 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Wednesday, September 23rd. Ambev’s dividend payout ratio is currently 15.00%.

Insider Transactions at Ambev

In related news, Director Manuel Moreira sold 468,040 shares of the company’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $3.08, for a total transaction of $1,441,563.20. Following the completion of the transaction, the director directly owned 3,000,000 shares in the company, valued at $9,240,000. This represents a 13.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Institutional Trading of Ambev

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. First Eagle Investment Management LLC boosted its holdings in shares of Ambev by 0.7% in the second quarter. First Eagle Investment Management LLC now owns 349,323,217 shares of the company’s stock valued at $1,096,875,000 after acquiring an additional 2,338,660 shares in the last quarter. Renaissance Technologies LLC raised its holdings in Ambev by 6.5% during the first quarter. Renaissance Technologies LLC now owns 27,354,300 shares of the company’s stock worth $79,875,000 after purchasing an additional 1,674,900 shares in the last quarter. Brandes Investment Partners LP raised its holdings in Ambev by 4.0% during the fourth quarter. Brandes Investment Partners LP now owns 22,600,124 shares of the company’s stock worth $55,822,000 after purchasing an additional 874,657 shares in the last quarter. Great Lakes Advisors LLC lifted its position in Ambev by 0.7% in the fourth quarter. Great Lakes Advisors LLC now owns 9,414,370 shares of the company’s stock worth $23,253,000 after purchasing an additional 67,402 shares during the period. Finally, DJE Kapital AG acquired a new stake in Ambev in the first quarter worth approximately $14,778,000. 8.13% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Wall Street Zen cut Ambev from a “buy” rating to a “hold” rating in a research note on Saturday, August 22nd. UBS Group set a $2.85 price target on shares of Ambev in a research report on Tuesday, August 11th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Ambev in a report on Monday, August 3rd. Finally, Scotiabank downgraded shares of Ambev from a “sector outperform” rating to a “sector perform” rating in a research report on Wednesday, July 15th. Four analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Ambev presently has a consensus rating of “Reduce” and an average target price of $3.08.

Read Our Latest Analysis on Ambev

About Ambev

(Get Free Report)

Ambev SA is a Brazilian beverage company and one of the largest brewers in Latin America. The company produces, distributes and sells beer, carbonated soft drinks, nonalcoholic beverages and other drink products through a portfolio that includes brands such as Brahma, Skol, Antarctica, Bohemia, Budweiser, Stella Artois and Guaraná Antarctica.

Founded in 1999 through the merger of Companhia Antarctica Paulista and Companhia Cervejaria Brahma, Ambev became part of Anheuser-Busch InBev following the latter’s combination with Anheuser-Busch in 2008.