Amprius Technologies, Inc. (NYSE:AMPX) Shares Purchased by State Street Corp

State Street Corp lifted its position in shares of Amprius Technologies, Inc. (NYSE:AMPX) by 4.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 286,390 shares of the company’s stock after acquiring an additional 12,900 shares during the quarter. State Street Corp owned 0.26% of Amprius Technologies worth $318,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its position in shares of Amprius Technologies by 124.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 274,047 shares of the company’s stock worth $304,000 after purchasing an additional 152,102 shares in the last quarter. AQR Capital Management LLC purchased a new stake in Amprius Technologies during the second quarter worth about $99,000. XTX Topco Ltd acquired a new position in Amprius Technologies during the second quarter worth about $72,000. Finally, B. Riley Wealth Advisors Inc. increased its holdings in Amprius Technologies by 84.4% in the second quarter. B. Riley Wealth Advisors Inc. now owns 22,500 shares of the company’s stock valued at $29,000 after buying an additional 10,300 shares in the last quarter. 5.04% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Amprius Technologies

In other news, CFO Sandra Wallach sold 17,158 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $1.96, for a total value of $33,629.68. Following the transaction, the chief financial officer now directly owns 696,142 shares in the company, valued at $1,364,438.32. This trade represents a 2.41 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jonathan Bornstein sold 18,170 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $1.96, for a total transaction of $35,613.20. Following the sale, the insider now directly owns 454,131 shares of the company’s stock, valued at approximately $890,096.76. This trade represents a 3.85 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 43,903 shares of company stock worth $86,050. 12.80% of the stock is currently owned by insiders.

Amprius Technologies Trading Up 14.7 %

Shares of AMPX stock opened at $3.28 on Friday. Amprius Technologies, Inc. has a twelve month low of $0.61 and a twelve month high of $5.26. The company has a market capitalization of $347.15 million, a price-to-earnings ratio of -7.29 and a beta of 2.92. The firm has a 50-day moving average price of $2.00 and a 200 day moving average price of $1.44.

Amprius Technologies (NYSE:AMPX) last announced its quarterly earnings data on Thursday, November 7th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.01. The business had revenue of $7.86 million for the quarter, compared to the consensus estimate of $7.70 million. Amprius Technologies had a negative net margin of 245.92% and a negative return on equity of 71.39%. During the same quarter in the prior year, the firm posted ($0.10) earnings per share. As a group, research analysts predict that Amprius Technologies, Inc. will post -0.44 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on AMPX shares. HC Wainwright restated a “buy” rating and issued a $10.00 price target on shares of Amprius Technologies in a report on Monday, November 11th. Northland Capmk upgraded Amprius Technologies to a “strong-buy” rating in a research report on Wednesday, October 2nd. Six investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $8.17.

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.