Aemetis, Inc. (NASDAQ:AMTX) Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP trimmed its holdings in shares of Aemetis, Inc. (NASDAQ:AMTX) by 66.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,012 shares of the specialty chemicals company’s stock after selling 51,044 shares during the quarter. Wellington Management Group LLP owned approximately 0.05% of Aemetis worth $70,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in AMTX. Clear Harbor Asset Management LLC acquired a new position in Aemetis during the fourth quarter worth $44,000. Intech Investment Management LLC acquired a new position in shares of Aemetis during the 4th quarter worth about $46,000. FMR LLC raised its position in shares of Aemetis by 68.2% during the 3rd quarter. FMR LLC now owns 22,531 shares of the specialty chemicals company’s stock worth $52,000 after purchasing an additional 9,137 shares during the last quarter. SG Americas Securities LLC purchased a new position in Aemetis in the 4th quarter valued at about $87,000. Finally, Barclays PLC boosted its holdings in Aemetis by 274.6% in the 3rd quarter. Barclays PLC now owns 47,496 shares of the specialty chemicals company’s stock worth $109,000 after buying an additional 34,816 shares during the last quarter. Hedge funds and other institutional investors own 27.02% of the company’s stock.

Aemetis Stock Performance

NASDAQ:AMTX opened at $1.43 on Wednesday. The stock has a 50 day moving average price of $1.82 and a 200 day moving average price of $2.57. The stock has a market cap of $76.25 million, a PE ratio of -0.63 and a beta of 1.30. Aemetis, Inc. has a one year low of $1.40 and a one year high of $4.73.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on AMTX shares. Ascendiant Capital Markets raised their target price on Aemetis from $18.00 to $19.00 and gave the company a “buy” rating in a research report on Monday, March 17th. HC Wainwright restated a “buy” rating and issued a $28.00 price objective on shares of Aemetis in a report on Friday, March 14th. Finally, StockNews.com raised shares of Aemetis to a “sell” rating in a report on Wednesday, February 5th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Aemetis presently has a consensus rating of “Hold” and a consensus target price of $14.56.

About Aemetis

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.