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Director Deborah C. Jackson of American Well Corp (NASDAQ:AMWL), a telemedicine company with a market capitalization of $105.55 million, sold 4,531 shares of Class A Common Stock on September 15, 2025, at a price of $6.5647, for a total value of $29,744. According to InvestingPro analysis, the company’s stock is currently trading near its 52-week low, with shares changing hands at $6.49.
Following the transaction, Ms. Jackson directly owns 39,132 shares of American Well Corp . She also indirectly owns 612 shares through her spouse. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 20, 2025, to cover tax obligations arising from the vesting of restricted stock units on June 10, 2025. InvestingPro data reveals analyst price targets ranging from $7.50 to $12.00, suggesting potential upside. Discover more insights and 7 additional ProTips with an InvestingPro subscription.
In other recent news, Amwell reported a 13% year-over-year increase in total revenue for the second quarter of 2025, reaching $70.9 million. This revenue growth aligns with the company’s strategic initiatives in AI and digital healthcare solutions. Additionally, Wells Fargo adjusted its price target for Amwell from $15.00 to $12.00, while maintaining an Overweight rating. The revised price target is based on Wells Fargo’s updated long-term revenue projections for Amwell, using a discounted cash flow model. These developments underscore the company’s financial performance improvements and its ongoing focus on innovation in telehealth.
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