Amprius Technologies, Inc. (NYSE:AMPX) CFO Sandra Wallach Sells 17,158 Shares of Stock

Amprius Technologies, Inc. (NYSE:AMPX) CFO Sandra Wallach sold 17,158 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $1.96, for a total transaction of $33,629.68. Following the sale, the chief financial officer now owns 696,142 shares in the company, valued at approximately $1,364,438.32. This trade represents a 2.41 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Amprius Technologies Trading Down 2.0 %

Shares of NYSE:AMPX opened at $1.94 on Friday. The firm has a fifty day moving average price of $1.41 and a 200 day moving average price of $1.30. Amprius Technologies, Inc. has a 1-year low of $0.61 and a 1-year high of $6.02.

Amprius Technologies (NYSE:AMPX) last issued its quarterly earnings results on Thursday, November 7th. The company reported ($0.10) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.01. The firm had revenue of $7.86 million during the quarter, compared to analysts’ expectations of $7.70 million. Amprius Technologies had a negative net margin of 245.92% and a negative return on equity of 71.39%. During the same quarter in the prior year, the business earned ($0.10) EPS. On average, research analysts forecast that Amprius Technologies, Inc. will post -0.44 EPS for the current fiscal year.

Institutional Trading of Amprius Technologies

A number of large investors have recently bought and sold shares of AMPX. XTX Topco Ltd acquired a new stake in Amprius Technologies during the 2nd quarter worth $72,000. AQR Capital Management LLC acquired a new stake in shares of Amprius Technologies in the 2nd quarter worth $99,000. B. Riley Wealth Advisors Inc. lifted its stake in shares of Amprius Technologies by 84.4% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 22,500 shares of the company’s stock worth $29,000 after acquiring an additional 10,300 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Amprius Technologies by 124.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 274,047 shares of the company’s stock worth $304,000 after acquiring an additional 152,102 shares during the period. Finally, State Street Corp lifted its stake in shares of Amprius Technologies by 4.7% in the 3rd quarter. State Street Corp now owns 286,390 shares of the company’s stock worth $318,000 after acquiring an additional 12,900 shares during the period. Institutional investors and hedge funds own 5.04% of the company’s stock.

Wall Street Analysts Forecast Growth

AMPX has been the topic of a number of recent analyst reports. Roth Mkm dropped their price objective on shares of Amprius Technologies from $10.00 to $6.00 and set a “buy” rating on the stock in a research report on Friday, August 9th. Northland Capmk raised shares of Amprius Technologies to a “strong-buy” rating in a research report on Wednesday, October 2nd. Northland Securities dropped their target price on shares of Amprius Technologies from $10.00 to $4.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 13th. HC Wainwright reaffirmed a “buy” rating and issued a $10.00 target price on shares of Amprius Technologies in a research report on Monday, November 11th. Finally, Oppenheimer dropped their target price on shares of Amprius Technologies from $15.00 to $14.00 and set an “outperform” rating on the stock in a research report on Friday, August 9th. One research analyst has rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $8.17.

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.