AmpliTech Group, Inc. (NASDAQ:AMPG) Shares Bought by Bard Associates Inc.

Bard Associates Inc. lifted its position in shares of AmpliTech Group, Inc. (NASDAQ:AMPG) by 374.1% in the third quarter, Holdings Channel reports. The firm owned 1,989,414 shares of the company’s stock after purchasing an additional 1,569,794 shares during the period. Bard Associates Inc. owned approximately 0.18% of AmpliTech Group worth $1,552,000 at the end of the most recent quarter.

Analyst Ratings Changes

Separately, Maxim Group cut their target price on shares of AmpliTech Group from $6.00 to $5.00 and set a “buy” rating on the stock in a research note on Monday, September 16th.

AmpliTech Group Price Performance

AmpliTech Group stock opened at $0.90 on Friday. AmpliTech Group, Inc. has a one year low of $0.64 and a one year high of $2.55. The stock’s 50 day moving average price is $0.87 and its 200 day moving average price is $1.12.

AmpliTech Group (NASDAQ:AMPG) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.04). The business had revenue of $2.53 million during the quarter. AmpliTech Group had a negative return on equity of 31.64% and a negative net margin of 62.54%.

About AmpliTech Group

AmpliTech Group, Inc designs, engineers, and assembles micro-wave component-based amplifiers. The company’s products include radio frequency (RF) amplifiers and related subsystems, such as low noise amplifiers for use in receivers of various communication systems comprising Wi-Fi, radar, satellite, base station, cell phone, radio, etc.; and medium power amplifiers that provide enhanced output power and gain in transceiver chains.