O Dell Group LLC Invests $35,000 in Amprius Technologies, Inc. (NYSE:AMPX)

O Dell Group LLC purchased a new position in Amprius Technologies, Inc. (NYSE:AMPX) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 12,410 shares of the company’s stock, valued at approximately $35,000.

Other institutional investors have also recently made changes to their positions in the company. Geode Capital Management LLC boosted its stake in Amprius Technologies by 50.9% during the third 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 during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Amprius Technologies by 124.7% during the third 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 during the last quarter. Oppenheimer & Co. Inc. acquired a new position in Amprius Technologies during the fourth quarter worth $328,000. JPMorgan Chase & Co. boosted its stake in Amprius Technologies by 343.1% during the third quarter. JPMorgan Chase & Co. now owns 27,041 shares of the company’s stock worth $30,000 after buying an additional 20,939 shares during the last quarter. Finally, State Street Corp boosted its stake in Amprius Technologies by 4.7% during the third quarter. State Street Corp now owns 286,390 shares of the company’s stock worth $318,000 after buying an additional 12,900 shares during the last quarter. 5.04% of the stock is owned by institutional investors and hedge funds.

Amprius Technologies Stock Down 8.8 %

Shares of Amprius Technologies stock opened at $1.83 on Tuesday. Amprius Technologies, Inc. has a 52 week low of $0.61 and a 52 week high of $4.20. The business’s fifty day simple moving average is $3.09 and its 200-day simple moving average is $2.06. The firm has a market cap of $193.16 million, a PE ratio of -4.06 and a beta of 2.56.

Analysts Set New Price Targets

A number of equities analysts have weighed in on AMPX shares. Cantor Fitzgerald started coverage on Amprius Technologies in a research note on Tuesday, January 21st. They set an “overweight” rating and a $10.00 price objective on the stock. Northland Securities boosted their price objective on Amprius Technologies from $4.00 to $10.00 and gave the stock an “outperform” rating in a research note on Friday, January 10th. Finally, HC Wainwright reissued a “buy” rating and set a $10.00 price objective on shares of Amprius Technologies in a research note on Monday, November 11th. Six analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $9.29.

Insider Activity

In related news, CEO Kang Sun sold 34,353 shares of the business’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $3.13, for a total value of $107,524.89. Following the sale, the chief executive officer now owns 1,282,621 shares in the company, valued at approximately $4,014,603.73. The trade was a 2.61 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Sandra Wallach sold 18,142 shares of the business’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $3.13, for a total value of $56,784.46. Following the completion of the sale, the chief financial officer now owns 678,000 shares in the company, valued at $2,122,140. This represents a 2.61 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 75,088 shares of company stock valued at $235,025 in the last quarter. Insiders own 12.80% of the company’s stock.

Amprius Technologies 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.