Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report) CTO Constantin Ionel Stefan sold 3,208 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $17.19, for a total value of $55,145.52. Following the completion of the transaction, the chief technology officer owned 801,310 shares in the company, valued at approximately $13,774,518.90. This trade represents a 0.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Constantin Ionel Stefan also recently made the following trade(s):
- On Thursday, May 21st, Constantin Ionel Stefan sold 28,812 shares of Amprius Technologies stock. The shares were sold at an average price of $14.79, for a total value of $426,129.48.
Amprius Technologies Price Performance
NYSE AMPX opened at $20.27 on Friday. The company has a market cap of $2.87 billion, a PE ratio of -67.56 and a beta of 2.20. The stock’s 50 day simple moving average is $18.09 and its 200-day simple moving average is $13.77. Amprius Technologies, Inc. has a 1-year low of $2.55 and a 1-year high of $22.80.
Amprius Technologies News Summary
Here are the key news stories impacting Amprius Technologies this week:
- Positive Sentiment: Amprius was highlighted as a beneficiary of a fast-growing silicon-anode battery market, reinforcing the long-term growth story for its battery technology. Silicon Anode Battery Market Size to Surpass USD 31.27 Billion by 2035 | Research by SNS Insider
- Positive Sentiment: Traders bought a large volume of AMPX call options, suggesting rising expectations for further upside. Stock Traders Buy Large Volume of Amprius Technologies Call Options (NYSE:AMPX)
- Positive Sentiment: Amprius was also cited for ramping capacity, improving backlog, and forecasts for sharply higher revenue growth, which supports bullish sentiment around the stock. Amprius Technologies Stock Page
- Neutral Sentiment: Multiple insiders, including the CTO, CEO, and a director, sold shares recently, but the filings say the sales were mainly for tax withholding tied to vested equity awards.
- Negative Sentiment: A securities fraud investigation creates some headline risk and could weigh on sentiment if it gains traction. AMPX: Securities Fraud Investigation by Block & Leviton Could Allow Amprius Technologies Investors to Recover Losses
Wall Street Analysts Forecast Growth
AMPX has been the subject of several recent research reports. William Blair reaffirmed an “outperform” rating on shares of Amprius Technologies in a report on Friday, March 6th. B. Riley Financial increased their price target on Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a report on Monday, March 9th. Roth Mkm reaffirmed a “buy” rating on shares of Amprius Technologies in a report on Friday, May 8th. Northland Securities set a $24.00 price target on Amprius Technologies in a report on Monday, May 11th. Finally, Wall Street Zen cut Amprius Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $20.25.
View Our Latest Research Report on AMPX
Institutional Investors Weigh In On Amprius Technologies
Several hedge funds and other institutional investors have recently made changes to their positions in AMPX. Voloridge Investment Management LLC acquired a new stake in shares of Amprius Technologies in the third quarter valued at approximately $19,737,000. BNP Paribas Financial Markets increased its stake in Amprius Technologies by 1,117.9% during the third quarter. BNP Paribas Financial Markets now owns 1,943,905 shares of the company’s stock worth $20,450,000 after acquiring an additional 1,784,291 shares during the last quarter. Vanguard Group Inc. increased its stake in 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 acquiring an additional 1,757,395 shares during the last quarter. Norges Bank acquired a new stake in Amprius Technologies during the fourth quarter worth $10,295,000. Finally, Invesco Ltd. increased its stake in Amprius Technologies by 113.3% during the third quarter. Invesco Ltd. now owns 2,379,384 shares of the company’s stock worth $25,031,000 after acquiring an additional 1,263,846 shares during the last quarter. Institutional investors and hedge funds own 5.04% of the company’s stock.
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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