Tudor Investment Corp ET AL purchased a new stake in shares of Amprius Technologies, Inc. (NYSE:AMPX – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 715,736 shares of the company’s stock, valued at approximately $7,530,000.
A number of other institutional investors also recently bought and sold shares of AMPX. Bank of America Corp DE raised its stake in Amprius Technologies by 31.1% in the fourth quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after buying an additional 3,055 shares in the last quarter. Ameritas Investment Partners Inc. boosted its position in Amprius Technologies by 2,043.2% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 9,516 shares of the company’s stock valued at $40,000 after acquiring an additional 9,072 shares in the last quarter. Quarry LP purchased a new position in shares of Amprius Technologies during the 3rd quarter worth approximately $42,000. Rhumbline Advisers grew its holdings in shares of Amprius Technologies by 61.1% during the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock worth $42,000 after acquiring an additional 5,951 shares during the period. Finally, Legal & General Group Plc raised its position in shares of Amprius Technologies by 1,385.4% in the 2nd quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock worth $44,000 after acquiring an additional 9,684 shares in the last quarter. 5.04% of the stock is owned by institutional investors.
Amprius Technologies Stock Performance
NYSE:AMPX opened at $18.68 on Tuesday. The firm has a market cap of $2.56 billion, a P/E ratio of -54.92 and a beta of 3.04. Amprius Technologies, Inc. has a fifty-two week low of $1.97 and a fifty-two week high of $19.76. The firm has a 50-day simple moving average of $13.01 and a two-hundred day simple moving average of $11.62.
Insiders Place Their Bets
In other Amprius Technologies news, CTO Constantin Ionel Stefan sold 492,827 shares of Amprius Technologies stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of $12.04, for a total value of $5,933,637.08. Following the completion of the sale, the chief technology officer owned 748,696 shares of the company’s stock, valued at approximately $9,014,299.84. This trade represents a 39.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kang Sun sold 950,548 shares of the business’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $11.07, for a total value of $10,522,566.36. Following the completion of the transaction, the director owned 1,403,651 shares of the company’s stock, valued at $15,538,416.57. This represents a 40.38% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 2,929,357 shares of company stock valued at $37,783,110. Insiders own 12.80% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms have recently commented on AMPX. Craig Hallum raised their target price on Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a research note on Wednesday, January 21st. William Blair reiterated an “outperform” rating on shares of Amprius Technologies in a report on Friday, March 6th. Oppenheimer reissued an “outperform” rating and set a $17.00 price objective on shares of Amprius Technologies in a research report on Tuesday, December 23rd. Finally, B. Riley Financial boosted their target price on shares of Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a report on Monday, March 9th. Eight equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Amprius Technologies currently has an average rating of “Moderate Buy” and an average target price of $19.75.
Read Our Latest Report on Amprius Technologies
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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