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Insider Cluster (2 insiders) ·Filed Sep 23, 2026

AMPH

Amphastar Pharmaceuticals, Inc.
NEUTRAL
Impact 3/10
Horizonweeks Processed1mo ago
Insider cluster: 2 insiders, $343K total
Actionable Insight • Neutral

The small size and lack of C-suite urgency (only two insiders, no CEO/COO selling) suggest routine portfolio diversification. Monitor next insider filing for any acceleration in selling volume or pattern change.

DirectionNeutral
Confidencehigh
Horizonweeks
Latest settled — T+20d
AMPH ▼ -0.88% at T+20d
NEUTRAL call -0.88% · α vs SPY -0.46% · entry $26.27 → $26.04
Next anchor: T+60d in 7w
Latest observation: T+21 -13.05% FF3 residual α
Entry = T+0 close
Sep 23, 2026
via day close
T+1d
-0.53%
call -0.53% · α -1.08%
$26.13
settled 5w ago
T+5d
-3.50%
call -3.50% · α -3.09%
$25.35
settled 27d ago
T+20d
-0.88%
call -0.88% · α -0.46%
$26.04
settled 6d ago
T+60d
Pending
in 7w

Price Chart

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Executive Summary

Two Amphastar insiders, including the CFO and a senior EVP, sold a combined $343K in open-market sales over a one-week window. The CFO's sale of $103K and the senior EVP's sale of $239K represent routine, modest dispositions relative to the company's market cap, and no 10b5-1 plan indication is present. The cluster is small in dollar value and involves only two insiders, suggesting liquidity-driven selling rather than a material negative signal.

Key Financial Metrics

Direction
selling
Total Value
$343.0K
Insiders
2

Key Facts

  • CFO William J. Peters sold 4.1K shares for $103K on 2026-09-21.
  • Senior EVP Rong Zhou sold 10.0K shares for $239K on 2026-09-16.
  • Total insider sales of $343K represent less than 0.1% of Amphastar's market cap.
  • No open-market purchases were reported in the cluster.
  • Sales are not clustered with any material corporate event (e.g., earnings, guidance, M&A) in the filing window.

Financial Impact

Total insider sales of $343K, a trivial amount relative to the company's market capitalization.

insider holdings

Risk Factors

  • If insider selling accelerates in subsequent weeks without a 10b5-1 plan, it could signal growing bearish conviction among management.
  • No offsetting insider buying to provide a bullish counter-signal.

Investment Themes

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-AMPH-1790201007723
8 reports for AMPH
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for AMPH — sortable, filterable
TypeNow
Sep 23, 2026
4w ago
Insider Cluster
NEUTRAL ★ 3/10
$26.27awaiting T+60—$25.47 (−3.05%)
Sep 21, 2026
5w ago
144
NEUTRAL ★ 2/10
$24.32awaiting T+60—$25.47 (+4.73%)
Aug 21, 2026
9w ago
Institutional Cluster
MIXED ★ 4/10
$21.60awaiting T+60—$25.47 (+17.92%)
Aug 12, 2026
10w ago
Insider Cluster
NEUTRAL ★ 2/10
$20.18awaiting T+60—$25.47 (+26.21%)
Aug 11, 2026
10w ago
144
NEUTRAL ★ 2/10
$20.31awaiting T+60—$25.47 (+25.41%)
Jul 13, 2026
15w ago
8-K
NEUTRAL ★ 2/10
$19.29 $25.91▲ +34.32%▲ +30.32%$25.47 (+32.04%)
Jul 7, 2026
15w ago
8-K
BEARISH ★ 6/10
$18.88 $25.35▼ −34.27%▼ −31.78%$25.47 (−34.90%)
Apr 13, 2026
28w ago
DEFA14A
NEUTRAL ★ 3/10
$21.38 $19.02▼ −11.04%▼ −19.56%$25.47 (+19.13%)
Showing 8 of 8

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Report published Sep 23, 2026