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Insider Trends: Amphastar Pharmaceuticals Insider Continues 90-Day Selling Trend

· 02/05/2021 18:08

10:52 PM EST, 02/05/2021 (MT Newswires) -- On Feb 03, 2021, Dr Jack Y Zhang, 10% Owner, Director and CEO & Chief Scientific Officer, reported a sale of 41,869 shares in Amphastar Pharmaceuticals (AMPH) for $782,343. Subsequent to the Form 4 filing with the SEC, Dr Zhang has control over a total of 10,649,828 shares of company stock, with 2,246,988 shares held directly and 8,402,840 controlled indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $202 million.

During the most recent 90-day period, prior to the date of this filing, there have been 4 transactions reported to the SEC, all of which have been sales and have resulted in the disposition of 45,565 company shares by insiders. Relative to the preceding 90-day window of time, there were 6 transactions from 4 insiders that resulted in the net disposition of 12,012 shares.

This level of insider transactions is below that of the peer group average in the 150-company Pharmaceuticals peer group over the last 90-day period. Peer group activity averaged 59.1 transactions per company, and disposition of 8,109 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1297184/000110465921013185/xslF345X03/a4.xml

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