Amphastar Pharmaceuticals, Inc. (AMPH) Files Form 4 Insider Selling : Jason B. Shandell Sells 9,904 Shares

Amphastar Pharmaceuticals, Inc. (AMPH): Jason B. Shandell , President of Amphastar Pharmaceuticals, Inc. sold 9,904 shares on Jun 9, 2016. The Insider selling transaction was reported by the company on Jun 13, 2016 to the Securities and Exchange Commission. The shares were sold at $16.43 per share for a total value of $162,722.72 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 3, 2016, William J Peters (CFO, SVP & Treasurer) sold 2,297 shares at $16.00 per share price.On May 26, 2016, Jason B. Shandell (President) sold 1,074 shares at $15.60 per share price.Also, On May 19, 2016, Richard K Prins (director) sold 3,200 shares at $13.56 per share price.On May 19, 2016, Diane G. Gerst (EVP, QA & Regulatory Affairs) sold 1,427 shares at $13.97 per share price.

Shares of Amphastar Pharmaceuticals Inc (AMPH) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.3 points or -1.83% at $16.13 with 3,17,095 shares getting traded. Post opening the session at $16.35, the shares hit an intraday low of $15.94 and an intraday high of $16.44 and the price vacillated in this range throughout the day. The company has a market cap of $723 M and the number of outstanding shares has been calculated to be 4,48,45,680 shares. The 52-week high of Amphastar Pharmaceuticals Inc is $18.3 and the 52-week low is $10.5.

Amphastar Pharmaceuticals Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Amphastar Pharmaceuticals Inc is Reiterated by Needham to Buy while Lowering the Price Target of the company shares to $ 20 from a previous price target of $21 . The Rating was issued on May 10, 2016.

Amphastar Pharmaceuticals Inc. is a specialty pharmaceutical company. The Company focuses primarily on developing manufacturing marketing and selling technically-challenging generic and injectable and inhalation products. The Company has two operational segments: finished pharmaceutical products and active pharmaceutical ingredients (API products). The finished pharmaceutical products segment manufactures markets and distributes enoxaparin Cortrosyn naloxone lidocaine jelly as well as various other critical and non-critical care drugs. The API segment manufactures and distributes recombinant human insulin and porcine insulin. The Company manufactures and sells approximately 17 products and is developing a portfolio of approximately 13 generic and eight injectable and inhalation product candidates. In addition to its marketed products it has a pipeline of approximately 21 generic and product candidates in various stages of development which target a variety of indications.

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