Amprius Technologies, Inc. (NYSE:AMPX) Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC boosted its holdings in Amprius Technologies, Inc. (NYSE:AMPX - Free Report) by 50.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 548,138 shares of the company's stock after purchasing an additional 184,863 shares during the quarter. Geode Capital Management LLC owned about 0.49% of Amprius Technologies worth $608,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in AMPX. Charles Schwab Investment Management Inc. grew its position in Amprius Technologies by 124.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 274,047 shares of the company's stock valued at $304,000 after purchasing an additional 152,102 shares during the last quarter. State Street Corp increased its position in shares of Amprius Technologies by 4.7% during the third quarter. State Street Corp now owns 286,390 shares of the company's stock valued at $318,000 after acquiring an additional 12,900 shares in the last quarter. XTX Topco Ltd purchased a new position in Amprius Technologies in the 2nd quarter worth approximately $72,000. B. Riley Wealth Advisors Inc. lifted its position in Amprius Technologies by 84.4% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 22,500 shares of the company's stock valued at $29,000 after acquiring an additional 10,300 shares in the last quarter. Finally, AQR Capital Management LLC purchased a new stake in Amprius Technologies during the 2nd quarter valued at $99,000. Institutional investors own 5.04% of the company's stock.

Insider Activity

In other Amprius Technologies news, CFO Sandra Wallach sold 17,158 shares of the stock in a transaction 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 of the company's stock, valued at approximately $1,364,438.32. This trade represents a 2.41 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jonathan Bornstein sold 18,170 shares of the business's stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $1.96, for a total value of $35,613.20. Following the completion of the transaction, the insider now directly owns 454,131 shares of the company's stock, valued at approximately $890,096.76. The trade was a 3.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 43,903 shares of company stock valued at $86,050 in the last ninety days. Corporate insiders own 12.80% of the company's stock.

Amprius Technologies Price Performance

Shares of AMPX traded up $0.55 on Friday, reaching $3.58. The company's stock had a trading volume of 9,394,061 shares, compared to its average volume of 6,001,051. Amprius Technologies, Inc. has a 12-month low of $0.61 and a 12-month high of $5.26. The stock has a market capitalization of $378.90 million, a P/E ratio of -7.96 and a beta of 2.42. The stock's 50 day simple moving average is $2.20 and its two-hundred day simple moving average is $1.53.

Amprius Technologies (NYSE:AMPX - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported ($0.10) EPS for the quarter, topping the consensus estimate of ($0.11) by $0.01. Amprius Technologies had a negative return on equity of 71.39% and a negative net margin of 245.92%. The firm had revenue of $7.86 million during the quarter, compared to analyst estimates of $7.70 million. During the same period in the prior year, the business posted ($0.10) EPS. Analysts expect that Amprius Technologies, Inc. will post -0.44 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Northland Securities upped their price target on Amprius Technologies from $4.00 to $10.00 and gave the company an "outperform" rating in a report on Friday. Northland Capmk upgraded shares of Amprius Technologies to a "strong-buy" rating in a research note on Wednesday, October 2nd. Finally, HC Wainwright reiterated a "buy" rating and issued a $10.00 price target on shares of Amprius Technologies in a research note on Monday, November 11th. Five investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, Amprius Technologies presently has a consensus rating of "Buy" and an average target price of $9.17.

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.