Amprius Technologies, Inc. (NYSE:AMPX) CTO Sells $169,714.20 in Stock

Amprius Technologies, Inc. (NYSE:AMPX) CTO Constantin Ionel Stefan sold 46,370 shares of the company’s stock in a transaction dated Thursday, September 14th. The stock was sold at an average price of $3.66, for a total transaction of $169,714.20. Following the transaction, the chief technology officer now owns 63,421 shares of the company’s stock, valued at approximately $232,120.86. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Amprius Technologies Trading Up 27.3 %

AMPX stock traded up $1.08 during mid-day trading on Monday, reaching $5.03. The company’s stock had a trading volume of 3,475,010 shares, compared to its average volume of 254,848. The company’s 50 day moving average is $6.00 and its two-hundred day moving average is $7.27. Amprius Technologies, Inc. has a fifty-two week low of $3.28 and a fifty-two week high of $15.39. The stock has a market cap of $433.99 million and a PE ratio of -14.37.

Amprius Technologies (NYSE:AMPX) last posted its quarterly earnings results on Thursday, August 10th. The company reported ($0.11) earnings per share for the quarter, meeting the consensus estimate of ($0.11). Amprius Technologies had a negative net margin of 736.16% and a negative return on equity of 40.81%. The business had revenue of $1.63 million during the quarter, compared to analysts’ expectations of $0.48 million. On average, analysts forecast that Amprius Technologies, Inc. will post -0.48 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have commented on AMPX shares. B. Riley reiterated a “buy” rating and issued a $13.00 price objective on shares of Amprius Technologies in a report on Thursday, July 20th. Northland Securities started coverage on shares of Amprius Technologies in a report on Friday, June 2nd. They issued an “outperform” rating for the company.

Institutional Trading of Amprius Technologies

Several hedge funds have recently made changes to their positions in the company. BlackRock Inc. grew its stake in shares of Amprius Technologies by 144.3% in the 2nd quarter. BlackRock Inc. now owns 408,720 shares of the company’s stock valued at $2,935,000 after buying an additional 241,384 shares during the period. Geode Capital Management LLC boosted its position in shares of Amprius Technologies by 46.2% during the 2nd quarter. Geode Capital Management LLC now owns 163,138 shares of the company’s stock worth $1,171,000 after purchasing an additional 51,524 shares during the period. State Street Corp boosted its position in shares of Amprius Technologies by 137.4% during the 2nd quarter. State Street Corp now owns 92,240 shares of the company’s stock worth $662,000 after purchasing an additional 53,383 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Amprius Technologies by 19.2% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 78,502 shares of the company’s stock worth $564,000 after purchasing an additional 12,619 shares during the period. Finally, Northern Trust Corp boosted its position in shares of Amprius Technologies by 144.4% during the 2nd quarter. Northern Trust Corp now owns 57,368 shares of the company’s stock worth $412,000 after purchasing an additional 33,894 shares during the period. Hedge funds and other institutional investors own 2.60% of the company’s stock.

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.