AmpliTech Group, Inc. (NASDAQ:AMPG – Get Free Report) Director Daniel Richard Mazziota sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $7.71, for a total value of $77,100.00. Following the transaction, the director directly owned 237,743 shares in the company, valued at approximately $1,832,998.53. This represents a 4.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Daniel Richard Mazziota also recently made the following trade(s):
- On Monday, June 22nd, Daniel Richard Mazziota sold 7,157 shares of AmpliTech Group stock. The shares were sold at an average price of $8.46, for a total value of $60,548.22.
- On Friday, May 22nd, Daniel Richard Mazziota sold 10,000 shares of AmpliTech Group stock. The shares were sold at an average price of $4.95, for a total value of $49,500.00.
AmpliTech Group Trading Down 9.1%
AmpliTech Group stock opened at $7.03 on Thursday. AmpliTech Group, Inc. has a twelve month low of $1.64 and a twelve month high of $10.11. The stock has a 50 day moving average of $4.53 and a two-hundred day moving average of $3.47. The stock has a market capitalization of $178.04 million, a price-to-earnings ratio of -22.66 and a beta of -0.18.
Hedge Funds Weigh In On AmpliTech Group
Several institutional investors and hedge funds have recently added to or reduced their stakes in AMPG. Virtu Financial LLC acquired a new stake in shares of AmpliTech Group in the 3rd quarter valued at approximately $57,000. Legato Capital Management LLC grew its holdings in AmpliTech Group by 26.8% during the fourth quarter. Legato Capital Management LLC now owns 20,675 shares of the company’s stock worth $62,000 after acquiring an additional 4,376 shares during the period. Engineers Gate Manager LP acquired a new position in AmpliTech Group during the fourth quarter worth $62,000. Millennium Management LLC purchased a new position in AmpliTech Group in the third quarter worth $73,000. Finally, Squarepoint Ops LLC raised its position in AmpliTech Group by 54.3% in the third quarter. Squarepoint Ops LLC now owns 22,276 shares of the company’s stock worth $87,000 after acquiring an additional 7,837 shares in the last quarter. Institutional investors and hedge funds own 10.99% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have issued reports on AMPG shares. Wall Street Zen raised shares of AmpliTech Group from a “sell” rating to a “hold” rating in a research note on Saturday, June 13th. Weiss Ratings restated a “sell (d-)” rating on shares of AmpliTech Group in a research note on Monday, April 20th. Finally, Maxim Group reduced their target price on shares of AmpliTech Group from $9.00 to $7.00 and set a “buy” rating for the company in a research note on Monday, March 30th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, AmpliTech Group has an average rating of “Hold” and an average target price of $7.00.
Check Out Our Latest Report on AmpliTech Group
AmpliTech Group Company Profile
AmpliTech Group, Inc is a design, development and manufacturing company specializing in high-performance RF and microwave components and subsystems. Headquartered in Lancaster, Pennsylvania, the company focuses on delivering ruggedized solutions for demanding applications in defense, aerospace, satellite communications and industrial test and measurement. AmpliTech’s products are engineered to meet stringent military and commercial standards, making them well-suited for mission-critical environments.
The company’s product portfolio includes high-power amplifiers, low-noise amplifiers, filters, frequency converters and integrated assemblies.
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