Form 4: Amplify Energy Director Boosts Stake with Significant Stock Purchase
Insider Trading Report
Amplify Energy Corp. Director Clint D. Coghill indirectly acquired 150,000 shares of common stock, signaling increased insider confidence in the company.
Summary
- Clint D. Coghill, a Director of Amplify Energy Corp. (AMPY), indirectly purchased 150,000 shares of the company's common stock.
- The transaction occurred on June 20, 2025, at a weighted average price of $3.67 per share.
- The purchase price ranged from a low of $3.63 to a high of $3.78 per share.
- Following this acquisition, Mr. Coghill's indirect beneficial ownership, through Stoney Lonesome HF LP, totals 3,154,347 shares.
- Mr. Coghill is the president of the general partner of Stoney Lonesome HF LP and disclaims beneficial ownership of shares held by Stoney, except to the extent of any pecuniary interest therein.
Sentiment
Score: 8
Explanation: The sentiment is highly positive due to a significant insider purchase, indicating strong confidence from a company director in the firm's value and future.
Positives
- The significant purchase of 150,000 shares by a company director indicates strong insider confidence in Amplify Energy Corp.'s future prospects and valuation.
- Insider buying can often be a positive signal to the market, suggesting that those with the most intimate knowledge of the company believe its stock is undervalued or poised for growth.
Future Outlook
This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This insider stock purchase by a director of Amplify Energy Corp. reflects individual confidence within the energy sector, but the filing itself does not provide broader industry trends or competitive analysis.
Related Party Transactions
- The shares were purchased indirectly through Stoney Lonesome HF LP, where Mr. Coghill is the president of the general partner and a control person. This constitutes a related party transaction in terms of beneficial ownership.
Stakeholder Impact
- Shareholders may interpret the director's stock purchase as a positive signal, potentially increasing investor confidence and demand for the stock.
- Employees and other stakeholders might view this as a sign of stability and positive internal outlook from leadership.
Key Dates
| Date | Description |
|---|---|
| 06/20/2025 | Date of common stock acquisition by Clint D. Coghill. |
| 06/24/2025 | Date the Form 4 filing was signed by Eric M. Willis, Attorney-in-Fact for Clint D. Coghill. |
Recommendation
strong buyKeywords
Amplify Energy Corp., AMPY, Clint D. Coghill, Insider Trading, Stock Purchase, Director Stock Acquisition, SEC Form 4, Beneficial Ownership, Energy Sector
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