Amprius Technologies, Inc. (NYSE:AMPX) CTO Constantin Ionel Stefan Sells 9,066 Shares

Amprius Technologies, Inc. (NYSE:AMPX) CTO Constantin Ionel Stefan sold 9,066 shares of Amprius Technologies stock in a transaction on Friday, February 21st. The shares were sold at an average price of $3.13, for a total value of $28,376.58. Following the transaction, the chief technology officer now owns 421,489 shares in the company, valued at $1,319,260.57. This represents a 2.11 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Amprius Technologies Price Performance

Shares of NYSE:AMPX opened at $2.80 on Tuesday. Amprius Technologies, Inc. has a fifty-two week low of $0.61 and a fifty-two week high of $4.20. The business has a 50-day moving average of $3.02 and a two-hundred day moving average of $1.97. The stock has a market capitalization of $295.82 million, a P/E ratio of -6.21 and a beta of 2.45.

Institutional Trading of Amprius Technologies

Institutional investors and hedge funds have recently made changes to their positions in the stock. Board of Trustees of The Leland Stanford Junior University acquired a new position in shares of Amprius Technologies during the 4th quarter worth about $4,081,000. Invesco Ltd. increased its stake in Amprius Technologies by 56.5% during the fourth quarter. Invesco Ltd. now owns 2,484,662 shares of the company’s stock valued at $6,957,000 after acquiring an additional 897,222 shares during the period. Renaissance Technologies LLC increased its stake in Amprius Technologies by 5,740.5% during the fourth quarter. Renaissance Technologies LLC now owns 765,100 shares of the company’s stock valued at $2,142,000 after acquiring an additional 752,000 shares during the period. Millennium Management LLC bought a new position in Amprius Technologies during the fourth quarter valued at about $2,009,000. Finally, Two Sigma Investments LP increased its stake in Amprius Technologies by 323.1% during the fourth quarter. Two Sigma Investments LP now owns 443,311 shares of the company’s stock valued at $1,241,000 after acquiring an additional 338,524 shares during the period. Institutional investors and hedge funds own 5.04% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.