Board of Trustees of The Leland Stanford Junior University Makes New $4.08 Million Investment in Amprius Technologies, Inc. (NYSE:AMPX)

Board of Trustees of The Leland Stanford Junior University bought a new stake in Amprius Technologies, Inc. (NYSE:AMPX - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,457,557 shares of the company's stock, valued at approximately $4,081,000. Amprius Technologies comprises about 0.3% of Board of Trustees of The Leland Stanford Junior University's holdings, making the stock its 12th largest position. Board of Trustees of The Leland Stanford Junior University owned approximately 1.38% of Amprius Technologies as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Invesco Ltd. raised its position 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 in the last quarter. Renaissance Technologies LLC lifted its stake in shares of Amprius Technologies by 5,740.5% in the 4th quarter. Renaissance Technologies LLC now owns 765,100 shares of the company's stock valued at $2,142,000 after purchasing an additional 752,000 shares during the period. Geode Capital Management LLC grew its position in Amprius Technologies by 6.0% during the fourth quarter. Geode Capital Management LLC now owns 580,819 shares of the company's stock valued at $1,626,000 after buying an additional 32,681 shares during the period. State Street Corp increased its holdings in Amprius Technologies by 4.7% in the third quarter. State Street Corp now owns 286,390 shares of the company's stock valued at $318,000 after buying an additional 12,900 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Amprius Technologies by 124.7% in the third 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. Institutional investors and hedge funds own 5.04% of the company's stock.

Amprius Technologies Trading Down 4.7 %

NYSE AMPX traded down $0.11 on Friday, reaching $2.15. 1,467,012 shares of the company were exchanged, compared to its average volume of 2,156,377. The business's fifty day moving average price is $2.58 and its 200 day moving average price is $2.35. The stock has a market capitalization of $252.95 million, a P/E ratio of -4.77 and a beta of 2.17. Amprius Technologies, Inc. has a fifty-two week low of $0.61 and a fifty-two week high of $4.21.

Amprius Technologies (NYSE:AMPX - Get Free Report) last announced its quarterly earnings data on Thursday, March 20th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.11) by $0.01. The firm had revenue of $10.63 million during the quarter, compared to analyst estimates of $7.12 million. Amprius Technologies had a negative net margin of 245.92% and a negative return on equity of 71.39%. Equities research analysts forecast that Amprius Technologies, Inc. will post -0.45 earnings per share for the current year.

Insider Activity

In other Amprius Technologies news, CEO Kang Sun sold 34,353 shares of the company's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $3.13, for a total transaction of $107,524.89. Following the transaction, the chief executive officer now directly owns 1,282,621 shares in the company, valued at $4,014,603.73. This represents a 2.61 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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. In the last 90 days, insiders have sold 75,088 shares of company stock valued at $235,025. 12.80% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several brokerages recently weighed in on AMPX. Northland Securities lifted their price target on Amprius Technologies from $4.00 to $10.00 and gave the company an "outperform" rating in a research note on Friday, January 10th. Roth Mkm reiterated a "buy" rating and set a $6.00 target price on shares of Amprius Technologies in a research report on Friday, March 21st. B. Riley upped their price objective on shares of Amprius Technologies from $5.00 to $6.00 and gave the stock a "buy" rating in a research report on Friday, March 21st. Oppenheimer boosted their target price on shares of Amprius Technologies from $14.00 to $15.00 and gave the stock an "outperform" rating in a research note on Friday, March 21st. Finally, Cantor Fitzgerald assumed coverage on Amprius Technologies in a report on Tuesday, January 21st. They issued an "overweight" rating and a $10.00 price objective on the stock. Seven investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Amprius Technologies presently has a consensus rating of "Buy" and an average target price of $9.43.

Amprius Technologies Company 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.