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Amplify Energy Corp [NYSE: AMPY] Sees Decrease in Stock Value

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Amplify Energy Corp shares valued at $41,400 were purchased by Adams Deborah G on Mar 11 ’25. At $4.14 per share, Adams Deborah G acquired 10,000 shares. The insider’s holdings grew to 61,961 shares worth approximately $0.15 million following the completion of this transaction.

Also, Snyder Todd R purchased 25,000 shares, netting a total of over 95,750 in proceeds. Following the buying of shares at $3.83 each, the insider now holds 108,416 shares.

Before that, FREW JAMES had added 15,000 shares to its account. In a trade valued at $57,750, the insider bought Amplify Energy Corp shares for $3.85 each. Upon closing the transaction, the insider’s holdings increased to 15,000 shares, worth approximately $0.13 million.

As published in their initiating research note from The Benchmark Company on May 02, 2024, Amplify Energy Corp [AMPY] has been a Buy and the price target has been revised to $11. Analysts at Alliance Global Partners started covering the stock with ‘”a Buy”‘ outlook in a report released in late January. As of October 28, 2022, ROTH Capital has increased its “Neutral” rating to a “Buy” for AMPY. Earlier on October 04, 2021, ROTH Capital downgraded its rating. Their new recommendation was “a Neutral” for AMPY stock which previously was a “a Buy”.

Analyzing AMPY Stock Performance

During the last five days, there has been a drop of approximately -1.24%. Over the course of the year, Amplify Energy Corp shares have dropped approximately -60.17%. Shares of the company reached a 52-week high of $6.62 on 01/13/25 and a 52-week low of $2.27 on 04/14/25. A 50-day SMA is recorded $3.87, while a 200-day SMA reached $5.89.

Support And Resistance Levels for Amplify Energy Corp (AMPY)

According to the 24-hour chart, there is a support level at 2.33, which, if violated, would cause prices to drop to 2.28. In the upper region, resistance lies at 2.49. The next price resistance is at 2.59. RSI (Relative Strength Index) is 30.06 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.18, which suggests the price will decrease in the coming days. Percent R is at 90.62%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.

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