Thompson Davis & CO. Inc. Has $139,000 Position in AmpliTech Group, Inc. $AMPG

Thompson Davis & CO. Inc. lifted its position in shares of AmpliTech Group, Inc. (NASDAQ:AMPG) by 194.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 65,331 shares of the company’s stock after acquiring an additional 43,111 shares during the period. Thompson Davis & CO. Inc. owned approximately 0.32% of AmpliTech Group worth $139,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Essex Investment Management Co. LLC bought a new stake in AmpliTech Group during the first quarter worth $91,000. Geode Capital Management LLC increased its stake in shares of AmpliTech Group by 3.0% in the 2nd quarter. Geode Capital Management LLC now owns 167,569 shares of the company’s stock valued at $355,000 after purchasing an additional 4,811 shares during the last quarter. Finally, AIGH Capital Management LLC acquired a new position in shares of AmpliTech Group during the 1st quarter worth $1,403,000. 10.99% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AmpliTech Group in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

AmpliTech Group Stock Performance

AMPG stock opened at $2.66 on Friday. The company has a market capitalization of $54.88 million, a P/E ratio of -4.29 and a beta of -0.99. The company has a fifty day moving average price of $3.79 and a 200-day moving average price of $2.96. AmpliTech Group, Inc. has a 52-week low of $0.78 and a 52-week high of $6.43.

AmpliTech Group (NASDAQ:AMPG) last announced its earnings results on Friday, November 14th. The company reported ($0.01) earnings per share (EPS) for the quarter. AmpliTech Group had a negative return on equity of 26.65% and a negative net margin of 44.65%. AmpliTech Group has set its FY 2025 guidance at EPS.

AmpliTech Group Profile

AmpliTech Group, Inc designs, engineers, and assembles micro-wave component-based amplifiers. The company’s products include radio frequency (RF) amplifiers and related subsystems, such as low noise amplifiers for use in receivers of various communication systems comprising Wi-Fi, radar, satellite, base station, cell phone, radio, etc.; and medium power amplifiers that provide enhanced output power and gain in transceiver chains.