Intech Investment Management LLC Acquires Shares of 17,199 Aemetis, Inc. (NASDAQ:AMTX)

Intech Investment Management LLC bought a new stake in Aemetis, Inc. (NASDAQ:AMTX) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 17,199 shares of the specialty chemicals company’s stock, valued at approximately $46,000.

A number of other institutional investors have also modified their holdings of AMTX. Geode Capital Management LLC grew its position in Aemetis by 7.7% in the 3rd quarter. Geode Capital Management LLC now owns 924,293 shares of the specialty chemicals company’s stock valued at $2,126,000 after buying an additional 66,031 shares during the last quarter. State Street Corp boosted its holdings in shares of Aemetis by 36.1% in the third quarter. State Street Corp now owns 699,089 shares of the specialty chemicals company’s stock valued at $1,608,000 after acquiring an additional 185,304 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Aemetis by 29.6% in the fourth quarter. Bank of New York Mellon Corp now owns 91,880 shares of the specialty chemicals company’s stock valued at $247,000 after acquiring an additional 20,961 shares in the last quarter. Wellington Management Group LLP acquired a new position in shares of Aemetis during the third quarter worth about $177,000. Finally, Barclays PLC raised its holdings in Aemetis by 274.6% during the third quarter. Barclays PLC now owns 47,496 shares of the specialty chemicals company’s stock worth $109,000 after purchasing an additional 34,816 shares in the last quarter. Institutional investors and hedge funds own 27.02% of the company’s stock.

Aemetis Price Performance

Shares of NASDAQ:AMTX opened at $1.84 on Friday. Aemetis, Inc. has a 12 month low of $1.50 and a 12 month high of $6.14. The firm has a market capitalization of $98.11 million, a price-to-earnings ratio of -0.81 and a beta of 1.48. The business’s 50 day simple moving average is $2.01 and its 200-day simple moving average is $2.64.

Analyst Ratings Changes

A number of brokerages have recently issued reports on AMTX. StockNews.com raised Aemetis to a “sell” rating in a research note on Wednesday, February 5th. Ascendiant Capital Markets increased their price objective on Aemetis from $18.00 to $19.00 and gave the stock a “buy” rating in a research report on Monday, March 17th. Finally, HC Wainwright reissued a “buy” rating and issued a $28.00 target price on shares of Aemetis in a report on Friday, March 14th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. According to MarketBeat, Aemetis presently has an average rating of “Hold” and a consensus price target of $14.56.

Aemetis Profile

Aemetis, Inc operates as a renewable natural gas and renewable fuels company. It operates through three segments: California Ethanol, California Dairy Renewable Natural Gas, and India Biodiesel. The company focuses on the operation, acquisition, development, and commercialization of technologies to produce low and negative carbon intensity renewable fuels that replace fossil-based products.