27,500 Shares in Amplify Energy Corp. (NYSE:AMPY) Purchased by Strs Ohio

Strs Ohio purchased a new position in shares of Amplify Energy Corp. (NYSE:AMPYGet Rating) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 27,500 shares of the company’s stock, valued at approximately $180,000.

Several other hedge funds have also recently modified their holdings of AMPY. State Street Corp raised its holdings in Amplify Energy by 190.9% in the 2nd quarter. State Street Corp now owns 927,657 shares of the company’s stock valued at $6,067,000 after acquiring an additional 608,739 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Amplify Energy by 316.4% in the 1st quarter. Renaissance Technologies LLC now owns 540,500 shares of the company’s stock valued at $2,973,000 after acquiring an additional 410,700 shares during the last quarter. Northern Trust Corp raised its holdings in Amplify Energy by 359.8% in the 2nd quarter. Northern Trust Corp now owns 307,706 shares of the company’s stock valued at $2,012,000 after acquiring an additional 240,779 shares during the last quarter. Assenagon Asset Management S.A. acquired a new stake in Amplify Energy in the 2nd quarter valued at about $1,528,000. Finally, Vanguard Group Inc. raised its holdings in Amplify Energy by 15.0% in the 1st quarter. Vanguard Group Inc. now owns 1,666,619 shares of the company’s stock valued at $9,167,000 after acquiring an additional 217,853 shares during the last quarter. Institutional investors and hedge funds own 44.40% of the company’s stock.

Amplify Energy Price Performance

Shares of NYSE AMPY opened at $8.90 on Friday. The company has a 50 day simple moving average of $8.21 and a 200-day simple moving average of $7.76. The company has a market capitalization of $342.14 million, a P/E ratio of 5.67 and a beta of 2.47. Amplify Energy Corp. has a 1 year low of $3.10 and a 1 year high of $10.38.

Amplify Energy (NYSE:AMPYGet Rating) last announced its quarterly earnings results on Tuesday, November 1st. The company reported $1.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $1.00. The business had revenue of $126.30 million during the quarter. Amplify Energy had a net margin of 14.05% and a negative return on equity of 85.77%. As a group, research analysts expect that Amplify Energy Corp. will post -0.49 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Roth Capital upgraded shares of Amplify Energy from a “neutral” rating to a “buy” rating and set a $12.00 price objective for the company in a report on Friday, October 28th. TheStreet upgraded shares of Amplify Energy from a “d+” rating to a “c” rating in a report on Tuesday, October 11th.

Insider Transactions at Amplify Energy

In related news, Director Christopher W. Hamm acquired 17,000 shares of the stock in a transaction that occurred on Thursday, December 22nd. The stock was purchased at an average price of $7.65 per share, with a total value of $130,050.00. Following the transaction, the director now owns 75,618 shares of the company’s stock, valued at approximately $578,477.70. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.00% of the company’s stock.

Amplify Energy Company Profile

(Get Rating)

Amplify Energy Corp. engages in the acquisition, development, exploitation, and production of oil and natural gas properties in the United States. The company's properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Oklahoma, the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and Eagle Ford.

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Institutional Ownership by Quarter for Amplify Energy (NYSE:AMPY)

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