Amgen Inc. (NASDAQ: AMGN) Stock Update and Institutional Interest
AmgenAmgen(US:AMGN) Financial Modeling Prep·2025-12-08 22:00

Core Insights - Amgen Inc. is a leading biotechnology company focused on innovative therapies for serious illnesses, competing with other biotech firms like Biogen and Gilead Sciences [1] - The company has seen increased institutional investment, indicating strong confidence from investors [2][3][6] Institutional Investment - Cerity Partners LLC increased its holdings in Amgen by 4.2%, now owning 423,019 shares valued at approximately $118 million, representing about 0.08% of Amgen's total market value [2] - Brighton Jones LLC raised its stake in Amgen by 23.5%, owning 27,468 shares valued at $7.2 million [3] - Chicago Partners Investment Group LLC increased its holdings by 21.1% during the first quarter, reflecting a broader trend of institutional interest in Amgen [3] Stock Performance - Amgen's current stock price is $324.72, reflecting a decrease of approximately 1.57%, with a trading range between $322.02 and $329.67 for the day [4] - Over the past year, Amgen's stock has experienced significant volatility, reaching a high of $346.38 and a low of $253.30 [4] - The company's market capitalization is approximately $174.85 billion, underscoring its substantial presence in the biotechnology sector [5][6] Trading Activity - The trading volume for Amgen on the day is 961,888 shares, indicating active investor interest [5]