Key Points
- Director Kang Sun sold 43,185 shares on Jan. 20 at an average price of $11.03 for $476,330.55, part of recent insider sales totaling roughly $27.4 million across transactions on Jan. 16, Jan. 12, Nov. 21 and Nov. 17.
- After the Jan. 20 sale he still owns 1,403,651 shares valued at about $15.48 million, a 2.98% reduction in his position.
- Amprius (AMPX) trades near $11.10 (12‑month range $1.70–$16.03) with a $1.45B market cap; the company recently beat revenue estimates but remains unprofitable, and analysts have an average rating of "Moderate Buy" with a $14.57 price target.
Amprius Technologies, Inc. (NYSE:AMPX - Get Free Report) Director Kang Sun sold 43,185 shares of Amprius Technologies stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $11.03, for a total value of $476,330.55. Following the completion of the transaction, the director owned 1,403,651 shares of the company's stock, valued at approximately $15,482,270.53. This trade represents a 2.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.
Kang Sun also recently made the following trade(s):
- On Friday, January 16th, Kang Sun sold 950,548 shares of Amprius Technologies stock. The shares were sold at an average price of $11.07, for a total value of $10,522,566.36.
- On Monday, January 12th, Kang Sun sold 506,267 shares of Amprius Technologies stock. The stock was sold at an average price of $10.10, for a total transaction of $5,113,296.70.
- On Friday, November 21st, Kang Sun sold 68,655 shares of Amprius Technologies stock. The shares were sold at an average price of $10.08, for a total transaction of $692,042.40.
- On Monday, November 17th, Kang Sun sold 1,000,000 shares of Amprius Technologies stock. The shares were sold at an average price of $10.60, for a total transaction of $10,600,000.00.
Amprius Technologies Trading Up 0.9%
AMPX stock opened at $11.10 on Wednesday. Amprius Technologies, Inc. has a 12 month low of $1.70 and a 12 month high of $16.03. The company has a 50-day moving average price of $10.13 and a 200 day moving average price of $9.75. The stock has a market cap of $1.45 billion, a PE ratio of -42.67 and a beta of 3.04.
Amprius Technologies (NYSE:AMPX - Get Free Report) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.03. Amprius Technologies had a negative net margin of 53.16% and a negative return on equity of 38.85%. The business had revenue of $21.43 million during the quarter, compared to the consensus estimate of $16.45 million. Sell-side analysts forecast that Amprius Technologies, Inc. will post -0.45 EPS for the current year.
Institutional Trading of Amprius Technologies
Hedge funds have recently modified their holdings of the company. Bank of America Corp DE grew its position in shares of Amprius Technologies by 31.1% in the 4th quarter. Bank of America Corp DE now owns 12,890 shares of the company's stock worth $36,000 after buying an additional 3,055 shares during the last quarter. Ameritas Investment Partners Inc. grew its holdings in Amprius Technologies by 2,043.2% in the second quarter. Ameritas Investment Partners Inc. now owns 9,516 shares of the company's stock worth $40,000 after purchasing an additional 9,072 shares during the last quarter. Quarry LP acquired a new position in shares of Amprius Technologies during the third quarter worth $42,000. Rhumbline Advisers lifted its holdings in shares of Amprius Technologies by 61.1% during the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company's stock valued at $42,000 after purchasing an additional 5,951 shares during the last quarter. Finally, Legal & General Group Plc boosted its position in shares of Amprius Technologies by 1,385.4% in the 2nd quarter. Legal & General Group Plc now owns 10,383 shares of the company's stock worth $44,000 after purchasing an additional 9,684 shares in the last quarter. 5.04% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
AMPX has been the topic of several research analyst reports. Cantor Fitzgerald upped their price objective on Amprius Technologies from $12.00 to $16.00 and gave the company an "overweight" rating in a research report on Friday, November 7th. Northland Securities set a $20.00 price target on shares of Amprius Technologies in a report on Tuesday, October 7th. Oppenheimer reiterated an "outperform" rating and set a $17.00 price objective on shares of Amprius Technologies in a report on Tuesday, December 23rd. Weiss Ratings reissued a "sell (e+)" rating on shares of Amprius Technologies in a research report on Wednesday, October 8th. Finally, Roth Capital set a $14.00 target price on shares of Amprius Technologies and gave the stock a "buy" rating in a research report on Wednesday, October 22nd. Seven analysts have rated the stock with a Buy rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $14.57.
View Our Latest Stock Report on Amprius Technologies
Amprius Technologies Company Profile
(
Get Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
