Constantin Ionel Stefan Sells 25,366 Shares of Amprius Technologies (NYSE:AMPX) Stock

Amprius Technologies, Inc. (NYSE:AMPX) CTO Constantin Ionel Stefan sold 25,366 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $10.16, for a total transaction of $257,718.56. Following the completion of the transaction, the chief technology officer directly owned 723,330 shares in the company, valued at approximately $7,349,032.80. This represents a 3.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Constantin Ionel Stefan also recently made the following trade(s):

• On Wednesday, January 28th, Constantin Ionel Stefan sold 39,690 shares of Amprius Technologies stock. The shares were sold at an average price of $12.00, for a total transaction of $476,280.00.
• On Friday, January 23rd, Constantin Ionel Stefan sold 1,600 shares of Amprius Technologies stock. The stock was sold at an average price of $12.00, for a total transaction of $19,200.00.
• On Wednesday, January 21st, Constantin Ionel Stefan sold 73,280 shares of Amprius Technologies stock. The stock was sold at an average price of $12.00, for a total value of $879,360.00.
• On Thursday, January 22nd, Constantin Ionel Stefan sold 492,827 shares of Amprius Technologies stock. The shares were sold at an average price of $12.04, for a total value of $5,933,637.08.
• On Thursday, December 11th, Constantin Ionel Stefan sold 198,255 shares of Amprius Technologies stock. The shares were sold at an average price of $10.51, for a total value of $2,083,660.05.

Amprius Technologies Trading Up 6.1%

NYSE AMPX traded up $0.62 on Tuesday, reaching $10.82. 6,076,578 shares of the company were exchanged, compared to its average volume of 8,098,249. The business’s fifty day moving average price is $10.26 and its 200 day moving average price is $10.43. The stock has a market capitalization of $1.41 billion, a P/E ratio of -41.61 and a beta of 2.98. Amprius Technologies, Inc. has a fifty-two week low of $1.70 and a fifty-two week high of $16.03.

Analyst Ratings Changes

AMPX has been the subject of several recent analyst reports. Cantor Fitzgerald raised their price objective on shares of Amprius Technologies from $12.00 to $16.00 and gave the stock an “overweight” rating in a research report on Friday, November 7th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a report on Wednesday, January 21st. Craig Hallum began coverage on Amprius Technologies in a research report on Monday. They set a “buy” rating and a $17.00 price target for the company. Needham & Company LLC began coverage on shares of Amprius Technologies in a report on Thursday, January 29th. They issued a “buy” rating and a $20.00 price objective for the company. Finally, Oppenheimer restated an “outperform” rating and set a $17.00 price target on shares of Amprius Technologies in a report on Tuesday, December 23rd. Eight analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Amprius Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $16.63.

Institutional Trading of Amprius Technologies

A number of hedge funds have recently added to or reduced their stakes in AMPX. Quarry LP acquired a new position in shares of Amprius Technologies in the third quarter valued at approximately $42,000. Jones Financial Companies Lllp raised its position in Amprius Technologies by 353.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,532 shares of the company’s stock worth $50,000 after buying an additional 3,532 shares during the last quarter. Parallel Advisors LLC acquired a new stake in shares of Amprius Technologies in the 3rd quarter worth $54,000. Leonteq Securities AG purchased a new stake in shares of Amprius Technologies in the fourth quarter valued at about $47,000. Finally, Summit Securities Group LLC acquired a new position in shares of Amprius Technologies during the fourth quarter worth about $54,000. 5.04% of the stock is owned by institutional investors and hedge funds.

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.