Amprius Technologies, Inc. $AMPX Stake Decreased by Zevenbergen Capital Investments LLC

Zevenbergen Capital Investments LLC lowered its position in Amprius Technologies, Inc. (NYSE:AMPX) by 86.4% in the 3rd quarter, Holdings Channel reports. The firm owned 52,050 shares of the company’s stock after selling 329,370 shares during the quarter. Zevenbergen Capital Investments LLC’s holdings in Amprius Technologies were worth $504,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sei Investments Co. boosted its position in Amprius Technologies by 34.1% in the 1st quarter. Sei Investments Co. now owns 579,161 shares of the company’s stock valued at $9,765,000 after buying an additional 147,375 shares during the period. Allspring Global Investments Holdings LLC increased its position in shares of Amprius Technologies by 700.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 431,398 shares of the company’s stock worth $6,695,000 after purchasing an additional 377,485 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of Amprius Technologies by 65.7% during the first quarter. SG Americas Securities LLC now owns 423,037 shares of the company’s stock valued at $7,132,000 after acquiring an additional 167,785 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of Amprius Technologies by 1,105.0% in the first quarter. First Trust Advisors LP now owns 394,569 shares of the company’s stock worth $6,652,000 after buying an additional 361,825 shares during the last quarter. Finally, Calamos Advisors LLC raised its stake in Amprius Technologies by 206.2% in the 1st quarter. Calamos Advisors LLC now owns 364,506 shares of the company’s stock worth $6,146,000 after acquiring an additional 245,473 shares during the last quarter. 5.04% of the stock is currently owned by institutional investors.

Amprius Technologies Trading Up 1.1%

AMPX stock traded up $0.10 on Thursday, hitting $9.43. 5,093,690 shares of the company’s stock traded hands, compared to its average volume of 7,698,986. The stock has a market cap of $1.34 billion, a price-to-earnings ratio of -32.52 and a beta of 2.33. Amprius Technologies, Inc. has a 1-year low of $7.71 and a 1-year high of $24.23. The stock has a fifty day moving average of $10.17 and a 200-day moving average of $14.04.

Analyst Upgrades and Downgrades

Several analysts have commented on AMPX shares. National Bank Financial set a $18.00 price objective on shares of Amprius Technologies in a research note on Tuesday, September 29th. Zacks Research upgraded Amprius Technologies from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 4th. Weiss Ratings restated a “sell (e+)” rating on shares of Amprius Technologies in a report on Friday, July 17th. JonesTrading assumed coverage on Amprius Technologies in a report on Friday, July 10th. They issued a “buy” rating and a $30.00 price target for the company. Finally, HC Wainwright restated a “buy” rating and set a $18.00 price target on shares of Amprius Technologies in a report on Tuesday, September 29th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Amprius Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $22.09.

Insider Buying and Selling

In other Amprius Technologies news, CTO Constantin Stefan sold 29,681 shares of Amprius Technologies stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $10.34, for a total value of $306,901.54. Following the completion of the sale, the chief technology officer directly owned 771,629 shares in the company, valued at $7,978,643.86. The trade was a 3.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kang Sun sold 62,101 shares of Amprius Technologies stock in a transaction on Friday, August 21st. The stock was sold at an average price of $10.34, for a total transaction of $642,124.34. Following the completion of the transaction, the director owned 1,218,397 shares in the company, valued at $12,598,224.98. This trade represents a 4.85% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 123,311 shares of company stock valued at $1,272,556. Corporate insiders own 5.10% of the company’s stock.

About Amprius Technologies

Amprius Technologies, Inc develops and manufactures high-performance lithium-ion batteries using silicon nanowire anode technology. Its batteries are designed to provide greater energy density and power than conventional graphite-anode cells, supporting longer operating times and reduced weight for battery-powered systems.

The company’s products are intended for demanding applications including aerospace, defense, electric aviation, drones, high-altitude platforms, electric vehicles and other electric mobility systems.