Amplify Energy Corp. (NYSE:AMPY) Shares Sold by Jane Street Group LLC

Jane Street Group LLC cut its stake in Amplify Energy Corp. (NYSE:AMPY) by 44.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,963 shares of the company’s stock after selling 37,122 shares during the period. Jane Street Group LLC owned 0.12% of Amplify Energy worth $307,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Quarry LP bought a new position in Amplify Energy in the 3rd quarter worth approximately $43,000. Quest Partners LLC acquired a new position in Amplify Energy during the 3rd quarter valued at about $45,000. Creative Planning bought a new stake in shares of Amplify Energy during the 3rd quarter worth about $67,000. Wellington Management Group LLP bought a new position in shares of Amplify Energy in the third quarter valued at approximately $70,000. Finally, Quantinno Capital Management LP acquired a new position in shares of Amplify Energy during the third quarter valued at approximately $76,000. 42.84% of the stock is currently owned by institutional investors.

Amplify Energy Stock Performance

Shares of NYSE:AMPY opened at $6.26 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a market capitalization of $248.96 million, a price-to-earnings ratio of 4.06 and a beta of 1.95. Amplify Energy Corp. has a 1-year low of $3.56 and a 1-year high of $8.15. The company has a 50 day moving average price of $6.37 and a 200 day moving average price of $6.70.

Wall Street Analysts Forecast Growth

Separately, Benchmark restated a “buy” rating and issued a $11.00 price objective on shares of Amplify Energy in a report on Wednesday, October 16th.

Amplify Energy Profile

Amplify Energy Corp., together with its subsidiaries, 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.