Amprius Technologies, Inc. (NYSE:AMPX) Given Average Rating of “Moderate Buy” by Analysts

Shares of Amprius Technologies, Inc. (NYSE:AMPX) have received a consensus rating of “Moderate Buy” from the eleven ratings firms that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $23.00.

Several equities research analysts recently issued reports on the company. Zacks Research upgraded Amprius Technologies from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. Wall Street Zen lowered Amprius Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Northland Securities set a $24.00 price objective on Amprius Technologies in a report on Monday, May 11th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a research report on Friday, July 17th. Finally, Roth Capital reissued a “buy” rating on shares of Amprius Technologies in a report on Friday, May 8th.

Amprius Technologies Trading Up 0.1%

Shares of AMPX opened at $10.35 on Wednesday. Amprius Technologies has a 12 month low of $6.66 and a 12 month high of $24.23. The firm’s 50 day moving average is $11.86 and its 200-day moving average is $14.90. The stock has a market capitalization of $1.47 billion, a PE ratio of -35.69 and a beta of 2.34.

Insider Activity at Amprius Technologies

In other Amprius Technologies news, Director Donald R. Dixon sold 85,000 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $17.17, for a total transaction of $1,459,450.00. Following the sale, the director directly owned 359,380 shares in the company, valued at $6,170,554.60. This represents a 19.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CTO Constantin Ionel Stefan sold 3,208 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $17.19, for a total transaction of $55,145.52. Following the completion of the transaction, the chief technology officer directly owned 801,310 shares in the company, valued at approximately $13,774,518.90. This represents a 0.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 152,834 shares of company stock valued at $2,723,382 over the last quarter. 5.10% of the stock is owned by corporate insiders.

Institutional Trading of Amprius Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in AMPX. EWA LLC lifted its position in shares of Amprius Technologies by 3.8% during the 4th quarter. EWA LLC now owns 19,958 shares of the company’s stock worth $157,000 after buying an additional 723 shares during the last quarter. Victory Capital Management Inc. boosted its stake in Amprius Technologies by 14.7% in the third quarter. Victory Capital Management Inc. now owns 11,817 shares of the company’s stock valued at $124,000 after buying an additional 1,516 shares in the last quarter. Graham Capital Management L.P. grew its position in Amprius Technologies by 3.2% in the fourth quarter. Graham Capital Management L.P. now owns 49,596 shares of the company’s stock valued at $391,000 after acquiring an additional 1,551 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in Amprius Technologies by 5.1% in the fourth quarter. The Manufacturers Life Insurance Company now owns 33,280 shares of the company’s stock valued at $263,000 after acquiring an additional 1,621 shares during the last quarter. Finally, TD Waterhouse Canada Inc. raised its stake in Amprius Technologies by 355.6% during the second quarter. TD Waterhouse Canada Inc. now owns 2,105 shares of the company’s stock worth $29,000 after acquiring an additional 1,643 shares in the last quarter. Institutional investors own 5.04% of the company’s stock.

About Amprius Technologies

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.