Amprius Technologies, Inc. $AMPX Stock: Bouvel Investment Partners LLC Increases Holdings

Bouvel Investment Partners LLC boosted its holdings in shares of Amprius Technologies, Inc. (NYSE:AMPX) by 89.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 187,681 shares of the company’s stock after purchasing an additional 88,373 shares during the quarter. Bouvel Investment Partners LLC owned about 0.13% of Amprius Technologies worth $1,817,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Tidal Investments LLC grew its holdings in shares of Amprius Technologies by 50.1% during the 2nd quarter. Tidal Investments LLC now owns 30,975 shares of the company’s stock worth $429,000 after purchasing an additional 10,343 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Amprius Technologies in the 2nd quarter valued at $92,000. Allworth Financial LP raised its stake in Amprius Technologies by 1,150.6% during the second quarter. Allworth Financial LP now owns 4,527 shares of the company’s stock worth $63,000 after acquiring an additional 4,165 shares in the last quarter. Arizona State Retirement System lifted its holdings in Amprius Technologies by 5.4% during the 2nd quarter. Arizona State Retirement System now owns 34,027 shares of the company’s stock valued at $472,000 after purchasing an additional 1,743 shares during the last quarter. Finally, Nykredit A S acquired a new position in Amprius Technologies in the second quarter valued at about $79,000. 5.04% of the stock is owned by institutional investors.

Insider Buying and Selling at Amprius Technologies

In other Amprius Technologies news, CEO Thomas M. Stepien sold 23,529 shares of the stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $10.34, for a total transaction of $243,289.86. Following the sale, the chief executive officer directly owned 602,096 shares in the company, valued at $6,225,672.64. This represents a 3.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kang Sun sold 62,101 shares of the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $10.34, for a total value of $642,124.34. Following the sale, the director owned 1,218,397 shares of the company’s stock, valued at $12,598,224.98. The trade was a 4.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 123,311 shares of company stock worth $1,272,556 over the last ninety days. Insiders own 5.10% of the company’s stock.

Amprius Technologies Price Performance

NYSE AMPX traded down $0.27 on Tuesday, hitting $8.60. 5,224,504 shares of the stock were exchanged, compared to its average volume of 7,662,682. The business’s fifty day moving average is $10.14 and its 200 day moving average is $13.85. The company has a market capitalization of $1.22 billion, a PE ratio of -29.64 and a beta of 2.33. Amprius Technologies, Inc. has a 52 week low of $7.71 and a 52 week high of $24.23.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a report on Friday, July 17th. HC Wainwright reissued a “buy” rating and issued a $18.00 price target on shares of Amprius Technologies in a report on Tuesday, September 29th. Zacks Research raised Amprius Technologies from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. National Bank Financial set a $18.00 price target on Amprius Technologies in a report on Tuesday, September 29th. Finally, JonesTrading started coverage on shares of Amprius Technologies in a research note on Friday, July 10th. They issued a “buy” rating and a $30.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Amprius Technologies has a consensus rating of “Moderate Buy” and an average price target of $22.09.

About Amprius Technologies

Amprius Technologies, Inc develops and manufactures high-performance lithium-ion batteries using silicon nanowire anode technology. Its batteries are designed to provide greater energy density and power than conventional graphite-anode cells, supporting longer operating times and reduced weight for battery-powered systems.

The company’s products are intended for demanding applications including aerospace, defense, electric aviation, drones, high-altitude platforms, electric vehicles and other electric mobility systems.