Baird Financial Group Inc. Has $18.36 Million Stake in Amprius Technologies, Inc. $AMPX

Baird Financial Group Inc. trimmed its stake in Amprius Technologies, Inc. (NYSE:AMPX) by 16.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,324,909 shares of the company’s stock after selling 260,189 shares during the quarter. Baird Financial Group Inc.’s holdings in Amprius Technologies were worth $18,363,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in Amprius Technologies by 9.5% in the 4th quarter. Vanguard Group Inc. now owns 7,128,657 shares of the company’s stock valued at $56,245,000 after buying an additional 616,037 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Amprius Technologies by 10.5% during the fourth quarter. Geode Capital Management LLC now owns 2,678,417 shares of the company’s stock valued at $21,137,000 after acquiring an additional 253,529 shares in the last quarter. State Street Corp raised its position in shares of Amprius Technologies by 16.6% during the fourth quarter. State Street Corp now owns 2,553,710 shares of the company’s stock worth $20,149,000 after purchasing an additional 363,928 shares during the period. Invesco Ltd. lifted its holdings in shares of Amprius Technologies by 113.3% in the 3rd quarter. Invesco Ltd. now owns 2,379,384 shares of the company’s stock worth $25,031,000 after purchasing an additional 1,263,846 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Amprius Technologies by 23.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,194,841 shares of the company’s stock worth $17,317,000 after purchasing an additional 410,724 shares in the last quarter. 5.04% of the stock is owned by institutional investors.

Insider Activity at Amprius Technologies

In other Amprius Technologies news, CTO Constantin Stefan sold 29,681 shares of the stock in a transaction on Friday, August 21st. The stock was sold at an average price of $10.34, for a total transaction of $306,901.54. Following the completion of the transaction, the chief technology officer directly owned 771,629 shares of the company’s stock, valued at approximately $7,978,643.86. This represents a 3.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Donald R. Dixon sold 85,000 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $17.17, for a total value of $1,459,450.00. Following the completion of the sale, the director directly owned 359,380 shares of the company’s stock, valued at $6,170,554.60. This represents a 19.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 208,311 shares of company stock valued at $2,732,006 over the last quarter. 5.10% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of brokerages have commented on AMPX. Clear Str began coverage on shares of Amprius Technologies in a research note on Tuesday, June 2nd. They set a “strong-buy” rating and a $33.00 price target for the company. Zacks Research raised shares of Amprius Technologies from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a report on Friday, July 17th. Finally, JonesTrading began coverage on shares of Amprius Technologies in a report on Friday, July 10th. They set a “buy” rating and a $30.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $23.00.

Amprius Technologies Stock Performance

AMPX opened at $9.45 on Friday. The firm has a market cap of $1.34 billion, a P/E ratio of -32.57 and a beta of 2.33. Amprius Technologies, Inc. has a fifty-two week low of $7.71 and a fifty-two week high of $24.23. The firm has a 50-day moving average of $10.56 and a 200 day moving average of $14.75.

Amprius Technologies Company Profile

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.