Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report) Director Kang Sun sold 217,869 shares of the business’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $18.80, for a total value of $4,095,937.20. Following the completion of the transaction, the director directly owned 56,406 shares in the company, valued at approximately $1,060,432.80. This represents a 79.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Kang Sun also recently made the following trade(s):
- On Monday, February 23rd, Kang Sun sold 61,251 shares of Amprius Technologies stock. The stock was sold at an average price of $10.16, for a total transaction of $622,310.16.
- On Friday, January 16th, Kang Sun sold 950,548 shares of Amprius Technologies stock. The shares were sold at an average price of $11.07, for a total transaction of $10,522,566.36.
- On Tuesday, January 20th, Kang Sun sold 43,185 shares of Amprius Technologies stock. The shares were sold at an average price of $11.03, for a total transaction of $476,330.55.
- On Monday, January 12th, Kang Sun sold 506,267 shares of Amprius Technologies stock. The shares were sold at an average price of $10.10, for a total transaction of $5,113,296.70.
Amprius Technologies Stock Performance
NYSE AMPX opened at $17.74 on Wednesday. The stock has a fifty day moving average of $13.18 and a 200-day moving average of $11.69. The stock has a market capitalization of $2.43 billion, a P/E ratio of -52.16 and a beta of 3.04. Amprius Technologies, Inc. has a 52 week low of $1.97 and a 52 week high of $19.76.
Analyst Ratings Changes
A number of research analysts recently issued reports on AMPX shares. Needham & Company LLC restated a “buy” rating and set a $20.00 price objective on shares of Amprius Technologies in a report on Tuesday, March 10th. B. Riley Financial increased their price objective on Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, March 9th. Roth Mkm reaffirmed a “buy” rating and issued a $20.00 target price (up from $16.00) on shares of Amprius Technologies in a research report on Friday, March 6th. Weiss Ratings restated a “sell (e+)” rating on shares of Amprius Technologies in a research note on Wednesday, January 21st. Finally, William Blair reaffirmed an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. Eight equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $19.75.
View Our Latest Stock Analysis on Amprius Technologies
Hedge Funds Weigh In On Amprius Technologies
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Stephens Investment Management Group LLC bought a new stake in shares of Amprius Technologies during the 3rd quarter worth about $11,392,000. Vanguard Group Inc. lifted its holdings in shares of Amprius Technologies by 37.0% during the third quarter. Vanguard Group Inc. now owns 6,512,620 shares of the company’s stock worth $68,513,000 after buying an additional 1,757,395 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Amprius Technologies by 99.9% during the second quarter. Baird Financial Group Inc. now owns 1,000,711 shares of the company’s stock worth $4,213,000 after buying an additional 500,212 shares in the last quarter. Calamos Advisors LLC bought a new stake in shares of Amprius Technologies in the third quarter valued at about $1,799,000. Finally, Jupiter Asset Management Ltd. bought a new stake in shares of Amprius Technologies in the third quarter valued at about $2,098,000. 5.04% of the stock is owned by institutional investors.
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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