Amprius Technologies, Inc. (NYSE:AMPX) Shares Acquired by XTX Topco Ltd

XTX Topco Ltd boosted its position in Amprius Technologies, Inc. (NYSE:AMPX - Free Report) by 486.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 280,094 shares of the company's stock after purchasing an additional 232,332 shares during the quarter. XTX Topco Ltd owned about 0.26% of Amprius Technologies worth $784,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in AMPX. Charles Schwab Investment Management Inc. raised its stake in Amprius Technologies by 124.7% in 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 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 last quarter. Geode Capital Management LLC increased its stake in shares of Amprius Technologies by 50.9% in the 3rd quarter. Geode Capital Management LLC now owns 548,138 shares of the company's stock worth $608,000 after acquiring an additional 184,863 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its stake in shares of Amprius Technologies by 29.8% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 29,200 shares of the company's stock worth $31,000 after acquiring an additional 6,700 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Amprius Technologies by 343.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,041 shares of the company's stock worth $30,000 after acquiring an additional 20,939 shares during the last quarter. 5.04% of the stock is owned by institutional investors and hedge funds.

Amprius Technologies Trading Up 10.1 %

Amprius Technologies stock traded up $0.22 during midday trading on Wednesday, reaching $2.39. 1,669,039 shares of the stock traded hands, compared to its average volume of 3,439,058. The company has a 50-day simple moving average of $2.51 and a two-hundred day simple moving average of $2.38. Amprius Technologies, Inc. has a 12-month low of $0.61 and a 12-month high of $4.20. The firm has a market cap of $281.85 million, a PE ratio of -5.31 and a beta of 2.17.

Amprius Technologies (NYSE:AMPX - Get Free Report) last announced its earnings results on Thursday, March 20th. The company reported ($0.10) EPS for the quarter, beating analysts' consensus estimates 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 company had revenue of $10.63 million during the quarter, compared to analysts' expectations of $7.12 million. Equities research analysts anticipate that Amprius Technologies, Inc. will post -0.45 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on AMPX shares. HC Wainwright reaffirmed a "buy" rating and issued a $10.00 target price on shares of Amprius Technologies in a research note on Friday, March 21st. Oppenheimer increased their price target on Amprius Technologies from $14.00 to $15.00 and gave the stock an "outperform" rating in a report on Friday, March 21st. Cantor Fitzgerald assumed coverage on Amprius Technologies in a report on Tuesday, January 21st. They set an "overweight" rating and a $10.00 price target for the company. Northland Securities increased their price target on Amprius Technologies from $4.00 to $10.00 and gave the stock an "outperform" rating in a report on Friday, January 10th. Finally, Roth Mkm reiterated a "buy" rating and set a $6.00 price target on shares of Amprius Technologies in a report on Friday, March 21st. Seven equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $9.43.

Insider Buying and Selling at Amprius Technologies

In other Amprius Technologies news, CFO Sandra Wallach sold 18,142 shares of the stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $3.13, for a total value of $56,784.46. Following the sale, the chief financial officer now owns 678,000 shares of the company's stock, valued at $2,122,140. This trade represents a 2.61 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO Constantin Ionel Stefan sold 9,066 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $3.13, for a total value of $28,376.58. Following the completion of the sale, the chief technology officer now directly owns 421,489 shares in the company, valued at $1,319,260.57. This represents a 2.11 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 75,088 shares of company stock valued at $235,025 in the last quarter. Corporate insiders own 12.80% of the company's stock.

Amprius Technologies 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.