Amprius Technologies (NYSE:AMPX) CTO Constantin Ionel Stefan Sells 29,681 Shares of Stock

Amprius Technologies, Inc. (NYSE:AMPX) CTO Constantin Ionel Stefan sold 29,681 shares of the 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 transaction, the chief technology officer owned 771,629 shares in the company, valued at $7,978,643.86. This trade represents a 3.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 Wednesday, May 27th, Constantin Ionel Stefan sold 3,208 shares of Amprius Technologies stock. The stock was sold at an average price of $17.19, for a total transaction of $55,145.52.

Amprius Technologies Stock Performance

NYSE:AMPX opened at $10.20 on Wednesday. The stock has a market capitalization of $1.44 billion, a PE ratio of -35.16 and a beta of 2.33. Amprius Technologies, Inc. has a fifty-two week low of $6.66 and a fifty-two week high of $24.23. The company has a fifty day moving average of $11.62 and a two-hundred day moving average of $14.85.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on AMPX shares. Roth Capital restated a “buy” rating on shares of Amprius Technologies in a research report on Friday, May 8th. Northland Securities set a $24.00 price objective on Amprius Technologies in a research note on Monday, May 11th. Weiss Ratings reissued a “sell (e+)” rating on shares of Amprius Technologies in a report on Friday, July 17th. Zacks Research upgraded Amprius Technologies from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 4th. Finally, JonesTrading initiated coverage on Amprius Technologies in a research note on Friday, July 10th. They issued a “buy” rating and a $30.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $23.00.

Hedge Funds Weigh In On Amprius Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of AMPX. Oppenheimer & Co. Inc. boosted its holdings in Amprius Technologies by 47.7% in the 4th quarter. Oppenheimer & Co. Inc. now owns 442,090 shares of the company’s stock valued at $3,488,000 after purchasing an additional 142,751 shares during the last quarter. Stephens Investment Management Group LLC raised its position in shares of Amprius Technologies by 33.1% during the 4th quarter. Stephens Investment Management Group LLC now owns 1,441,698 shares of the company’s stock valued at $11,375,000 after buying an additional 358,791 shares during the period. Hussman Strategic Advisors Inc. purchased a new stake in shares of Amprius Technologies during the 4th quarter valued at approximately $1,657,000. Vanguard Group Inc. lifted its holdings in Amprius Technologies by 9.5% in the fourth 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 last quarter. Finally, UBS Group AG lifted its holdings in Amprius Technologies by 35.5% in the fourth quarter. UBS Group AG now owns 2,098,946 shares of the company’s stock valued at $16,561,000 after acquiring an additional 549,892 shares during the last quarter. 5.04% of the stock is currently owned by institutional investors and hedge funds.

About Amprius Technologies

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.