13FPulse
AM

AMPH AMPHASTAR PHARMACEUTICALS IN

2026Q2 · CUSIP 03209R103 · Sector: Healthcare & Biotech

Normal

Fund flows are within the usual range

Funds that own it
205
Institutions that reported holding it to the SEC
Net decrease in holders
7
Last quarter 212 → now 205
How unusual is that
Bottom 20%
Stronger than only 17% of US stocks
What the filings say, in one paragraph

205 funds held AMPH at the end of 2026Q2, down 7 from the quarter before. Fund flows are within the usual range — nothing unusual. On the business itself, revenue over the last 12 months was $730M(YoY +1.0%), the P/E is 13.0x, return on equity is 10.2%. AMPH has had 9 buying rushes in its history, and the price moved -8.3% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Healthcare & Biotech sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2014Q3: holders=44 2014Q4: holders=55 2015Q1: holders=59 2015Q2: holders=85 2015Q3: holders=91 2015Q4: holders=94 2016Q1: holders=93 2016Q2: holders=104 2016Q3: holders=134 2016Q4: holders=136 2017Q1: holders=117 2017Q2: holders=106 2017Q3: holders=102 2017Q4: holders=107 2018Q1: holders=114 2018Q2: holders=113 2018Q3: holders=105 2018Q4: holders=131 2019Q1: holders=133 2019Q2: holders=132 2019Q3: holders=132 2019Q4: holders=118 2020Q1: holders=110 2020Q2: holders=133 2020Q3: holders=135 2020Q4: holders=127 2021Q1: holders=134 2021Q2: holders=144 2021Q3: holders=137 2021Q4: holders=168 2022Q1: holders=199 2022Q2: holders=220 2022Q3: holders=207 2022Q4: holders=213 2023Q1: holders=218 2023Q2: holders=246 2023Q3: holders=255 2023Q4: holders=278 2024Q1: holders=271 2024Q2: holders=269 2024Q3: holders=278 2024Q4: holders=263 2025Q1: holders=239 2025Q2: holders=243 2025Q3: holders=242 2025Q4: holders=234 2026Q1: holders=212 2026Q2: holders=205 -42 -21 +0 +21 +42 39166292 14Q316Q117Q319Q120Q322Q123Q325Q126Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 9 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2023Q2 Top 10% +0.5% -1.0%
2022Q2 Top 10% -11.5% -0.2%
2022Q1 Top 5% -4.8% -17.0%
2021Q4 Top 20% +28.5% +22.3%
2020Q2 Top 20% -5.5% -8.7%
2018Q4 Top 10% -10.1% -12.3%
2016Q3 Top 5% -13.3% -27.2%
2015Q2 Top 10% -6.1% -22.4%
2014Q3 Top 5%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
113
Change in large funds
-3
Total value they hold
$567M
Funds buying for the first time
35
Funds that sold out entirely
42
Price change that quarter
+28.0%
Funds holding puts (bearish)
1
Funds holding calls (bullish)
2

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
13.0
EPS (TTM)
$1.69
EPS YoY
-36.7%
Revenue (TTM)
$0.7B
Revenue YoY
+1.0%
Net margin
10.8%
ROE
10.2%
Debt ratio
56.0%
FCF (TTM)
$153M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2021-09-30: EPS 0.59 2021-12-31: EPS 0.40 2022-03-31: EPS 0.47 2022-06-30: EPS 0.33 2022-09-30: EPS 0.30 2022-12-31: EPS 0.64 2023-03-31: EPS 0.50 2023-06-30: EPS 0.49 2023-09-30: EPS 0.91 2023-12-31: EPS 0.70 2024-03-31: EPS 0.81 2024-06-30: EPS 0.73 2024-09-30: EPS 0.78 2024-12-31: EPS 0.74 2025-03-31: EPS 0.51 2025-06-30: EPS 0.64 2025-09-30: EPS 0.37 2025-12-31: EPS 0.51 2026-03-31: EPS 0.14 2026-06-30: EPS 0.67 0M 96M 192M $M 0.00 0.50 1.00 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 15 8 19 30 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-21M21M63M 20162017201820192020202120222023202420252026
Latest quarter $38M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.