Amprius Technologies, Inc. $AMPX Stock Bought by Bouvel Investment Partners LLC

Bouvel Investment Partners LLC boosted its stake in shares of Amprius Technologies, Inc. (NYSE:AMPX) by 89.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 187,681 shares of the company’s stock after buying an additional 88,373 shares during the quarter. Bouvel Investment Partners LLC’s holdings in Amprius Technologies were worth $1,817,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. TD Waterhouse Canada Inc. increased its position in Amprius Technologies by 355.6% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 2,105 shares of the company’s stock valued at $29,000 after purchasing an additional 1,643 shares during the period. Arizona State Retirement System grew its position in shares of Amprius Technologies by 5.4% during the 2nd quarter. Arizona State Retirement System now owns 34,027 shares of the company’s stock worth $472,000 after buying an additional 1,743 shares during the period. KBC Group NV acquired a new position in shares of Amprius Technologies during the 1st quarter valued at $57,000. Corient Private Wealth LP raised its holdings in shares of Amprius Technologies by 22.3% during the second quarter. Corient Private Wealth LP now owns 19,573 shares of the company’s stock valued at $271,000 after purchasing an additional 3,574 shares during the period. Finally, State of Wyoming grew its stake in shares of Amprius Technologies by 155.2% in the 1st quarter. State of Wyoming now owns 6,041 shares of the company’s stock valued at $102,000 after buying an additional 3,674 shares during the period. Institutional investors and hedge funds own 5.04% of the company’s stock.

Amprius Technologies Price Performance

NYSE:AMPX traded down $0.27 on Tuesday, reaching $8.60. 5,224,504 shares of the company’s stock were exchanged, compared to its average volume of 7,662,682. The firm has a market cap of $1.22 billion, a price-to-earnings ratio of -29.64 and a beta of 2.33. The stock has a fifty day simple moving average of $10.14 and a 200-day simple moving average of $13.85. Amprius Technologies, Inc. has a 52 week low of $7.71 and a 52 week high of $24.23.

Insiders Place Their Bets

In other Amprius Technologies news, Director Kang Sun sold 62,101 shares of Amprius Technologies stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $10.34, for a total transaction of $642,124.34. Following the completion of the transaction, the director owned 1,218,397 shares of the company’s stock, valued at $12,598,224.98. The trade was a 4.85% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Thomas Stepien sold 23,529 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $10.34, for a total transaction of $243,289.86. Following the completion of the transaction, the chief executive officer owned 602,096 shares of the company’s stock, valued at $6,225,672.64. This trade represents a 3.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 123,311 shares of company stock worth $1,272,556 in the last quarter. 5.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

AMPX has been the subject of several recent research reports. Zacks Research upgraded Amprius Technologies from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a research note on Friday, July 17th. JonesTrading initiated coverage on Amprius Technologies in a research note on Friday, July 10th. They set a “buy” rating and a $30.00 price objective on the stock. National Bank Financial set a $18.00 price target on shares of Amprius Technologies in a research report on Tuesday, September 29th. Finally, HC Wainwright reaffirmed a “buy” rating and issued a $18.00 price objective on shares of Amprius Technologies in a research report on Tuesday, September 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $22.09.

Amprius Technologies Company Profile

Amprius Technologies, Inc develops and manufactures high-performance lithium-ion batteries using silicon nanowire anode technology. Its batteries are designed to provide greater energy density and power than conventional graphite-anode cells, supporting longer operating times and reduced weight for battery-powered systems.

The company’s products are intended for demanding applications including aerospace, defense, electric aviation, drones, high-altitude platforms, electric vehicles and other electric mobility systems.