JPMorgan Chase & Co. Sells 385,349 Shares of Amphastar Pharmaceuticals, Inc. (NASDAQ:AMPH)

Market Beat
2025.04.21 07:14
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JPMorgan Chase & Co. has reduced its holdings in Amphastar Pharmaceuticals, Inc. (NASDAQ: AMPH) by 71.5%, selling 385,349 shares in the 4th quarter, leaving it with 153,571 shares valued at approximately $5.7 million. Other institutional investors have also adjusted their stakes, with Pacer Advisors Inc. significantly increasing its holdings. The stock opened at $23.35, with a 52-week range of $22.64 to $53.96. Analysts have set new price targets, with Piper Sandler lowering its target from $36.00 to $32.00, maintaining a "neutral" rating.