117,150 Shares in Amprius Technologies, Inc. (NYSE:AMPX) Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. purchased a new position in shares of Amprius Technologies, Inc. (NYSE:AMPX) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 117,150 shares of the company’s stock, valued at approximately $328,000. Oppenheimer & Co. Inc. owned approximately 0.11% of Amprius Technologies as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Geode Capital Management LLC lifted its position in Amprius Technologies by 50.9% during the 3rd quarter. Geode Capital Management LLC now owns 548,138 shares of the company’s stock worth $608,000 after buying an additional 184,863 shares in the last quarter. State Street Corp lifted its position in Amprius Technologies by 4.7% during the 3rd quarter. State Street Corp now owns 286,390 shares of the company’s stock worth $318,000 after buying an additional 12,900 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in 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 buying an additional 152,102 shares in the last quarter. Hamilton Lane Advisors LLC acquired a new position in Amprius Technologies during the 4th quarter worth about $129,000. Finally, B. Riley Wealth Advisors Inc. lifted its position in Amprius Technologies by 29.8% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 29,200 shares of the company’s stock worth $31,000 after buying an additional 6,700 shares in the last quarter. Institutional investors and hedge funds own 5.04% of the company’s stock.

Insider Buying and Selling

In other Amprius Technologies news, CFO Sandra Wallach sold 18,142 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $3.13, for a total transaction of $56,784.46. Following the completion of the transaction, the chief financial officer now owns 678,000 shares of the company’s stock, valued at $2,122,140. This represents a 2.61 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jonathan Bornstein sold 13,527 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $3.13, for a total value of $42,339.51. Following the transaction, the insider now directly owns 419,197 shares of the company’s stock, valued at approximately $1,312,086.61. This trade represents a 3.13 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 75,088 shares of company stock valued at $235,025. 12.80% of the stock is owned by corporate insiders.

Amprius Technologies Price Performance

Shares of AMPX stock opened at $2.00 on Friday. The stock has a market cap of $211.15 million, a PE ratio of -4.43 and a beta of 2.56. The stock has a 50-day moving average of $3.11 and a 200-day moving average of $2.04. Amprius Technologies, Inc. has a one year low of $0.61 and a one year high of $4.21.

Analysts Set New Price Targets

Several research analysts recently issued reports on AMPX shares. Cantor Fitzgerald assumed coverage on shares of Amprius Technologies in a research report on Tuesday, January 21st. They set an “overweight” rating and a $10.00 price target on the stock. HC Wainwright restated a “buy” rating and set a $10.00 target price on shares of Amprius Technologies in a research report on Monday, November 11th. Finally, Northland Securities upped their target price on shares of Amprius Technologies from $4.00 to $10.00 and gave the company an “outperform” rating in a research report on Friday, January 10th. Six equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $9.29.

Amprius Technologies Company Profile

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.