Amprius Technologies, Inc. $AMPX Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. increased its position in Amprius Technologies, Inc. (NYSE:AMPX) by 9.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,128,657 shares of the company’s stock after buying an additional 616,037 shares during the period. Vanguard Group Inc. owned about 0.05% of Amprius Technologies worth $56,245,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of AMPX. Bank of America Corp DE raised its position in shares of Amprius Technologies by 31.1% in the fourth quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock valued at $36,000 after buying an additional 3,055 shares during the last quarter. Quarry LP acquired a new position in shares of Amprius Technologies in the third quarter valued at approximately $42,000. Rhumbline Advisers raised its position in shares of Amprius Technologies by 61.1% in the first quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after buying an additional 5,951 shares during the last quarter. Legal & General Group Plc raised its position in shares of Amprius Technologies by 1,385.4% in the second quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock valued at $44,000 after buying an additional 9,684 shares during the last quarter. Finally, XTX Topco Ltd acquired a new position in shares of Amprius Technologies in the second quarter valued at approximately $44,000. Institutional investors and hedge funds own 5.04% of the company’s stock.

Insider Activity at Amprius Technologies

In related news, Director Steven Chu sold 155,565 shares of the business’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $18.50, for a total value of $2,877,952.50. Following the completion of the sale, the director directly owned 127,339 shares in the company, valued at approximately $2,355,771.50. The trade was a 54.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kang Sun sold 1,500,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $15.91, for a total transaction of $23,865,000.00. Following the completion of the sale, the director owned 1,342,400 shares of the company’s stock, valued at approximately $21,357,584. The trade was a 52.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,539,829 shares of company stock valued at $42,323,376 in the last ninety days. 5.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on AMPX. Cantor Fitzgerald boosted their price objective on shares of Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Roth Mkm reissued a “buy” rating on shares of Amprius Technologies in a research report on Friday, May 8th. Needham & Company LLC reissued a “buy” rating and issued a $20.00 price objective on shares of Amprius Technologies in a research report on Tuesday, March 10th. Weiss Ratings reissued a “sell (e+)” rating on shares of Amprius Technologies in a research report on Monday, April 20th. Finally, B. Riley Financial boosted their price objective on shares of Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, March 9th. Eight research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Amprius Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $20.25.

Amprius Technologies Stock Performance

Amprius Technologies stock opened at $16.83 on Friday. Amprius Technologies, Inc. has a 1 year low of $2.34 and a 1 year high of $22.80. The firm has a 50 day moving average price of $18.26 and a 200 day moving average price of $13.46. The company has a market cap of $2.38 billion, a price-to-earnings ratio of -56.08 and a beta of 2.20.

Amprius Technologies (NYSE:AMPX) last released its earnings results on Thursday, May 7th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). Amprius Technologies had a negative net margin of 43.98% and a negative return on equity of 17.48%. The company had revenue of $28.54 million during the quarter, compared to analysts’ expectations of $25.72 million. Sell-side analysts predict that Amprius Technologies, Inc. will post -0.07 EPS for the current year.

About Amprius Technologies

Amprius Technologies, Inc (NYSE: AMPX) is a U.S.-based developer of high-energy-density lithium-ion batteries that leverage silicon anode technology to deliver performance levels beyond conventional graphite-based cells. The company’s batteries are designed to offer industry-leading gravimetric energy density, enabling longer run times and reduced weight for portable power applications. Amprius blends advanced materials science and scalable manufacturing processes to commercialize next-generation battery solutions.

At the core of Amprius’ product portfolio are cylindrical and prismatic cells that employ a proprietary silicon nanowire anode, which supports high charge/discharge rates while maintaining cycle life.