AmpliTech Group, Inc. (NASDAQ:AMPG – Get Free Report) Director Daniel Richard Mazziota sold 7,157 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $8.46, for a total value of $60,548.22. Following the sale, the director directly owned 247,743 shares in the company, valued at $2,095,905.78. The trade was a 2.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Daniel Richard Mazziota also recently made the following trade(s):
- On Tuesday, June 23rd, Daniel Richard Mazziota sold 10,000 shares of AmpliTech Group stock. The shares were sold at an average price of $7.71, for a total value of $77,100.00.
- 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 Stock Performance
Shares of AmpliTech Group stock opened at $6.98 on Friday. The stock has a market cap of $176.87 million, a price-to-earnings ratio of -22.52 and a beta of -0.18. The stock has a 50 day moving average price of $4.63 and a 200-day moving average price of $3.49. AmpliTech Group, Inc. has a one year low of $1.64 and a one year high of $10.11.
Wall Street Analysts Forecast Growth
AMPG has been the topic of several recent analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of AmpliTech Group in a research note on Monday, April 20th. Wall Street Zen raised shares of AmpliTech Group from a “sell” rating to a “hold” rating in a research note on Saturday, June 13th. Finally, Maxim Group cut their price target on shares of AmpliTech Group from $9.00 to $7.00 and set a “buy” rating on the stock in a report on Monday, March 30th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $7.00.
Check Out Our Latest Analysis on AmpliTech Group
Hedge Funds Weigh In On AmpliTech Group
Large investors have recently bought and sold shares of the business. Virtu Financial LLC bought a new position in AmpliTech Group in the 3rd quarter valued at $57,000. Millennium Management LLC bought a new stake in shares of AmpliTech Group during the third quarter worth $73,000. Engineers Gate Manager LP bought a new stake in shares of AmpliTech Group during the fourth quarter worth $62,000. Legato Capital Management LLC boosted its stake in shares of AmpliTech Group by 26.8% during the fourth quarter. Legato Capital Management LLC now owns 20,675 shares of the company’s stock valued at $62,000 after purchasing an additional 4,376 shares during the period. Finally, Squarepoint Ops LLC boosted its stake in shares of AmpliTech Group by 54.3% during the third quarter. Squarepoint Ops LLC now owns 22,276 shares of the company’s stock valued at $87,000 after purchasing an additional 7,837 shares during the period. Hedge funds and other institutional investors own 10.99% of the company’s stock.
About AmpliTech Group
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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