Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report) CTO Constantin Ionel Stefan sold 3,208 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $17.19, for a total value of $55,145.52. Following the transaction, the chief technology officer owned 801,310 shares of the company’s stock, valued at approximately $13,774,518.90. The trade was a 0.40% 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 hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Constantin Ionel Stefan also recently made the following trade(s):
- On Thursday, May 21st, Constantin Ionel Stefan sold 28,812 shares of Amprius Technologies stock. The stock was sold at an average price of $14.79, for a total value of $426,129.48.
Amprius Technologies Trading Up 24.2%
AMPX opened at $21.31 on Friday. The stock has a 50-day moving average price of $18.07 and a 200-day moving average price of $13.73. Amprius Technologies, Inc. has a 12-month low of $2.55 and a 12-month high of $22.80. The stock has a market capitalization of $3.02 billion, a P/E ratio of -71.03 and a beta of 2.20.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on the company. Cantor Fitzgerald upped their price objective on Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. Needham & Company LLC reiterated a “buy” rating and issued a $20.00 target price on shares of Amprius Technologies in a research report on Tuesday, March 10th. William Blair reiterated an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. Roth Mkm reiterated a “buy” rating on shares of Amprius Technologies in a research report on Friday, May 8th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a research report on Monday, April 20th. Eight analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $20.25.
View Our Latest Stock Report on Amprius Technologies
Institutional Investors Weigh In On Amprius Technologies
Several institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in Amprius Technologies by 9.5% during the 4th quarter. Vanguard Group Inc. now owns 7,128,657 shares of the company’s stock valued at $56,245,000 after acquiring an additional 616,037 shares during the period. Geode Capital Management LLC boosted its holdings in Amprius Technologies by 10.5% during the 4th quarter. Geode Capital Management LLC now owns 2,678,417 shares of the company’s stock valued at $21,137,000 after acquiring an additional 253,529 shares during the period. State Street Corp boosted its holdings in Amprius Technologies by 16.6% during the 4th quarter. State Street Corp now owns 2,553,710 shares of the company’s stock valued at $20,149,000 after acquiring an additional 363,928 shares during the period. Invesco Ltd. boosted its holdings in Amprius Technologies by 113.3% during the 3rd quarter. Invesco Ltd. now owns 2,379,384 shares of the company’s stock valued at $25,031,000 after acquiring an additional 1,263,846 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in Amprius Technologies by 23.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,194,841 shares of the company’s stock valued at $17,317,000 after acquiring an additional 410,724 shares during the period. 5.04% of the stock is currently owned by hedge funds and other institutional investors.
Key Amprius Technologies News
Here are the key news stories impacting Amprius Technologies this week:
- Positive Sentiment: Amprius was highlighted as a beneficiary of a fast-growing silicon-anode battery market, with investors reacting to forecasts for major long-term industry expansion. Silicon Anode Battery Market Size to Surpass USD 31.27 Billion by 2035 | Research by SNS Insider
- Positive Sentiment: Traders bought a large volume of AMPX call options, suggesting rising expectations for more upside in the stock. Stock Traders Buy Large Volume of Amprius Technologies Call Options (NYSE:AMPX)
- Positive Sentiment: Market commentary said institutions are buying the dip, short interest has eased, and analysts remain constructive on Amprius as it ramps capacity and targets stronger revenue growth. Amprius Technologies Stock Page
- Neutral Sentiment: Several insiders, including the CEO, CTO, and a director, sold small amounts of stock, but the filings say the sales were mainly tied to tax withholding from vested equity awards, which makes the signal less concerning.
- Negative Sentiment: A securities fraud investigation by Block & Leviton introduces headline risk and could pressure sentiment if it gains traction. AMPX: Securities Fraud Investigation by Block & Leviton Could Allow Amprius Technologies Investors to Recover Losses
Amprius Technologies Company Profile
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.
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