Lisanti Capital Growth LLC lowered its position in Amprius Technologies, Inc. (NYSE:AMPX – Free Report) by 25.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 198,890 shares of the company’s stock after selling 66,835 shares during the period. Lisanti Capital Growth LLC’s holdings in Amprius Technologies were worth $1,569,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. EWA LLC grew its position in Amprius Technologies by 3.8% in the 4th quarter. EWA LLC now owns 19,958 shares of the company’s stock worth $157,000 after purchasing an additional 723 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of Amprius Technologies by 14.7% during the 3rd quarter. Victory Capital Management Inc. now owns 11,817 shares of the company’s stock worth $124,000 after buying an additional 1,516 shares in the last quarter. Focus Partners Wealth lifted its position in shares of Amprius Technologies by 9.3% during the 3rd quarter. Focus Partners Wealth now owns 26,484 shares of the company’s stock worth $276,000 after buying an additional 2,245 shares in the last quarter. Bank of America Corp DE increased its position in shares of Amprius Technologies by 31.1% during the fourth quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock valued at $36,000 after acquiring an additional 3,055 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its position in shares of Amprius Technologies by 353.2% during the third quarter. Jones Financial Companies Lllp now owns 4,532 shares of the company’s stock valued at $50,000 after acquiring an additional 3,532 shares during the last quarter. 5.04% of the stock is owned by institutional investors.
Amprius Technologies Stock Up 4.7%
NYSE AMPX opened at $16.02 on Friday. The company’s 50 day moving average is $18.10 and its 200-day moving average is $13.56. The firm has a market cap of $2.27 billion, a P/E ratio of -53.39 and a beta of 2.20. Amprius Technologies, Inc. has a 12-month low of $2.42 and a 12-month high of $22.80.
Analysts Set New Price Targets
A number of analysts recently commented on AMPX shares. Wall Street Zen lowered Amprius Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Needham & Company LLC reiterated a “buy” rating and set a $20.00 target price on shares of Amprius Technologies in a research note on Tuesday, March 10th. Northland Securities set a $24.00 price target on shares of Amprius Technologies in a report on Monday, May 11th. William Blair restated an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. Finally, Roth Mkm reissued a “buy” rating on shares of Amprius Technologies in a research report on Friday, May 8th. Eight analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Amprius Technologies has a consensus rating of “Moderate Buy” and an average target price of $20.25.
Read Our Latest Research Report on AMPX
Insider Buying and Selling
In other news, Director Wen Hsuan Hsieh sold 413,146 shares of the company’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $18.44, for a total transaction of $7,618,412.24. Following the sale, the director directly owned 44,444 shares in the company, valued at $819,547.36. This represents a 90.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Kang Sun sold 1,500,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $15.91, for a total transaction of $23,865,000.00. Following the transaction, the director directly owned 1,342,400 shares of the company’s stock, valued at approximately $21,357,584. This represents a 52.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,539,829 shares of company stock worth $42,323,376 over the last quarter. 5.10% of the stock is owned by corporate insiders.
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.
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