Legato Capital Management LLC reduced its position in shares of Amprius Technologies, Inc. (NYSE:AMPX – Free Report) by 18.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 204,647 shares of the company’s stock after selling 46,621 shares during the period. Legato Capital Management LLC’s holdings in Amprius Technologies were worth $1,615,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in the company. EWA LLC lifted its position in shares of Amprius Technologies by 3.8% during the fourth quarter. EWA LLC now owns 19,958 shares of the company’s stock worth $157,000 after purchasing an additional 723 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of Amprius Technologies by 14.7% during the third quarter. Victory Capital Management Inc. now owns 11,817 shares of the company’s stock worth $124,000 after purchasing an additional 1,516 shares in the last quarter. Focus Partners Wealth lifted its position in shares of Amprius Technologies by 9.3% during the third quarter. Focus Partners Wealth now owns 26,484 shares of the company’s stock worth $276,000 after purchasing an additional 2,245 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Amprius Technologies by 31.1% during the fourth quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after purchasing an additional 3,055 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its position in shares of Amprius Technologies by 353.2% during the third quarter. Jones Financial Companies Lllp now owns 4,532 shares of the company’s stock worth $50,000 after purchasing an additional 3,532 shares in the last quarter. 5.04% of the stock is owned by institutional investors and hedge funds.
Amprius Technologies Trading Up 4.7%
Shares of NYSE:AMPX opened at $16.02 on Friday. The company has a fifty day simple moving average of $18.10 and a 200 day simple moving average of $13.56. The firm has a market cap of $2.27 billion, a PE ratio of -53.39 and a beta of 2.20. Amprius Technologies, Inc. has a 12-month low of $2.42 and a 12-month high of $22.80.
Insider Buying and Selling at Amprius Technologies
In other Amprius Technologies news, Director Wen Hsuan Hsieh sold 413,146 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $18.44, for a total transaction of $7,618,412.24. Following the completion of the sale, the director owned 44,444 shares in the company, valued at $819,547.36. The trade was a 90.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Kang Sun sold 1,500,000 shares of the business’s stock in a transaction 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 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 position. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,539,829 shares of company stock worth $42,323,376 in the last ninety days. 5.10% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
AMPX has been the topic of a number of recent research reports. Northland Securities set a $24.00 target price on shares of Amprius Technologies in a research report on Monday, May 11th. William Blair restated an “outperform” rating on shares of Amprius Technologies in a research note on Friday, March 6th. Wall Street Zen lowered shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Craig Hallum lifted their price target on shares of Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Amprius Technologies in a research note on Monday, April 20th. Eight research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, Amprius Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $20.25.
Read Our Latest Research Report on AMPX
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.
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