Sandra Wallach Sells 18,142 Shares of Amprius Technologies, Inc. (NYSE:AMPX) Stock

Amprius Technologies, Inc. (NYSE:AMPX) CFO Sandra Wallach sold 18,142 shares of the business’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $3.13, for a total transaction of $56,784.46. Following the transaction, the chief financial officer now owns 678,000 shares in the company, valued at $2,122,140. This trade represents a 2.61 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Amprius Technologies Price Performance

NYSE:AMPX opened at $2.52 on Wednesday. Amprius Technologies, Inc. has a 1-year low of $0.61 and a 1-year high of $4.20. The company has a 50-day moving average of $3.06 and a 200 day moving average of $1.99. The firm has a market cap of $266.19 million, a PE ratio of -5.59 and a beta of 2.45.

Institutional Trading of Amprius Technologies

A number of hedge funds have recently added to or reduced their stakes in AMPX. Rhumbline Advisers lifted its stake in Amprius Technologies by 49.4% in the fourth quarter. Rhumbline Advisers now owns 9,739 shares of the company’s stock worth $27,000 after acquiring an additional 3,222 shares during the period. Mercer Global Advisors Inc. ADV purchased a new stake in Amprius Technologies in the fourth quarter worth about $28,000. JPMorgan Chase & Co. lifted its stake in Amprius Technologies by 343.1% in the third quarter. JPMorgan Chase & Co. now owns 27,041 shares of the company’s stock worth $30,000 after acquiring an additional 20,939 shares during the period. Kingswood Wealth Advisors LLC purchased a new stake in Amprius Technologies in the fourth quarter worth about $30,000. Finally, B. Riley Wealth Advisors Inc. lifted its stake in Amprius Technologies by 29.8% in the third quarter. B. Riley Wealth Advisors Inc. now owns 29,200 shares of the company’s stock worth $31,000 after acquiring an additional 6,700 shares during the period. 5.04% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on AMPX. HC Wainwright reiterated a “buy” rating and set a $10.00 price objective on shares of Amprius Technologies in a research report on Monday, November 11th. Cantor Fitzgerald started coverage on shares of Amprius Technologies in a report on Tuesday, January 21st. They issued an “overweight” rating and a $10.00 price target on the stock. Finally, Northland Securities upped their price target on shares of Amprius Technologies from $4.00 to $10.00 and gave the stock an “outperform” rating in a report on Friday, January 10th. Six analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $9.29.

About Amprius Technologies

Amprius Technologies, Inc produces and sells ultra-high energy density lithium-ion batteries for mobility applications. The company offers silicon nanowire anode batteries. Its batteries are primarily used for existing and emerging aviation applications, including unmanned aerial systems, such as drones and high-altitude pseudo satellites.