SCHEDULE: Senvest Management Boosts Amwell Stake to 5%

Senvest Management, LLC and Richard Mashaal have increased their beneficial ownership in American Well Corp to 5.0% of Class A Common Stock.

Summary

• Senvest Management, LLC and Richard Mashaal reported beneficial ownership of 737,589 shares of American Well Corp's Class A Common Stock.
• This represents 5.0% of the outstanding Class A Common Stock.
• The ownership is held through Investment Vehicles: Senvest Master Fund, LP and Senvest Technology Partners Master Fund, LP.
• Senvest Management, LLC acts as the investment manager, and Richard Mashaal is its managing member.
• The percentage is calculated based on 14,723,951 shares outstanding as of October 24, 2025, as reported in the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2025.
• This filing is Amendment No. 3, indicating a change from previous disclosures.
• As of December 31, 2025, the reporting persons previously held 362,724 shares, representing 2.5% of the Class A Common Stock outstanding at that time.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive development, as a significant increase in institutional ownership by an investment adviser often signals confidence in the company's valuation or future performance.

Positives

• Senvest Management, LLC and Richard Mashaal have increased their beneficial ownership in American Well Corp from 2.5% to 5.0% as of the event date, signaling increased confidence or strategic interest in the company.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that an increase in institutional ownership, particularly by an investment adviser like Senvest Management, can sometimes be interpreted by the market as a vote of confidence in the company's future prospects within the telehealth and digital health industry.

Stakeholder Impact

• Shareholders: The increased stake by Senvest Management, LLC and Richard Mashaal could be viewed positively, potentially signaling institutional confidence in American Well Corp's stock.

Key Dates

Recommendation

The increase in beneficial ownership by Senvest Management, LLC to a 5.0% stake in American Well Corp is a positive signal, suggesting institutional confidence. However, without additional financial performance data or strategic updates from the company, a 'hold' recommendation is prudent, as this filing primarily indicates a change in ownership rather than a fundamental shift in the company's operational outlook.

Keywords

American Well Corp, Amwell, AWL, Senvest Management, Richard Mashaal, Beneficial Ownership, Schedule 13G, Class A Common Stock, Investment Adviser, SEC Filing, Institutional Ownership