Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report) Director Kang Sun sold 1,500,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $15.91, for a total transaction of $23,865,000.00. Following the completion of the transaction, the director owned 1,342,400 shares in the company, valued at $21,357,584. This trade represents a 52.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Kang Sun also recently made the following trade(s):
- On Monday, March 23rd, Kang Sun sold 217,869 shares of Amprius Technologies stock. The stock was sold at an average price of $18.80, for a total transaction of $4,095,937.20.
- 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 stock was sold at an average price of $10.10, for a total value of $5,113,296.70.
Amprius Technologies Trading Up 0.0%
Shares of Amprius Technologies stock opened at $16.01 on Friday. The business has a 50-day moving average price of $14.02 and a two-hundred day moving average price of $12.12. Amprius Technologies, Inc. has a 1-year low of $1.97 and a 1-year high of $19.76. The company has a market cap of $2.19 billion, a P/E ratio of -47.08 and a beta of 2.20.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on AMPX shares. William Blair reaffirmed an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. Cantor Fitzgerald increased their target price on shares of Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Needham & Company LLC reissued a “buy” rating and set a $20.00 target price on shares of Amprius Technologies in a research note on Tuesday, March 10th. B. Riley Financial raised their price target on shares of Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, March 9th. Finally, Oppenheimer reiterated an “outperform” rating and set a $17.00 price objective on shares of Amprius Technologies in a report on Tuesday, December 23rd. Eight investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $19.75.
View Our Latest Report on AMPX
Hedge Funds Weigh In On Amprius Technologies
Several large investors have recently added to or reduced their stakes in the business. Quarry LP acquired a new position in Amprius Technologies during the 3rd quarter valued at about $42,000. Jones Financial Companies Lllp raised its stake in shares of Amprius Technologies by 353.2% in the third quarter. Jones Financial Companies Lllp now owns 4,532 shares of the company’s stock worth $50,000 after purchasing an additional 3,532 shares during the last quarter. Parallel Advisors LLC bought a new position in shares of Amprius Technologies in the third quarter valued at approximately $54,000. Leonteq Securities AG bought a new position in shares of Amprius Technologies in the fourth quarter valued at approximately $47,000. Finally, Summit Securities Group LLC purchased a new position in shares of Amprius Technologies during the fourth quarter valued at approximately $54,000. Institutional investors own 5.04% of the company’s stock.
Amprius Technologies Company Profile
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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