Jonathan Bornstein Sells 150,000 Shares of Amprius Technologies, Inc. (NYSE:AMPX) Stock

Amprius Technologies, Inc. (NYSE:AMPXGet Free Report) insider Jonathan Bornstein sold 150,000 shares of the firm’s stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $4.43, for a total value of $664,500.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Jonathan Bornstein also recently made the following trade(s):

  • On Tuesday, January 2nd, Jonathan Bornstein sold 150,000 shares of Amprius Technologies stock. The shares were sold at an average price of $4.44, for a total value of $666,000.00.
  • On Thursday, December 7th, Jonathan Bornstein sold 54,477 shares of Amprius Technologies stock. The stock was sold at an average price of $3.88, for a total value of $211,370.76.
  • On Tuesday, December 5th, Jonathan Bornstein sold 47,756 shares of Amprius Technologies stock. The stock was sold at an average price of $4.28, for a total value of $204,395.68.
  • On Monday, November 20th, Jonathan Bornstein sold 27,631 shares of Amprius Technologies stock. The stock was sold at an average price of $3.84, for a total value of $106,103.04.
  • On Thursday, November 9th, Jonathan Bornstein sold 49,508 shares of Amprius Technologies stock. The stock was sold at an average price of $2.82, for a total value of $139,612.56.

Amprius Technologies Trading Down 2.3 %

NYSE:AMPX opened at $4.31 on Friday. Amprius Technologies, Inc. has a 12 month low of $2.60 and a 12 month high of $10.63. The company has a 50 day simple moving average of $4.29 and a two-hundred day simple moving average of $4.46. The company has a market cap of $381.00 million, a PE ratio of -11.05 and a beta of 3.16.

Amprius Technologies (NYSE:AMPXGet Free Report) last announced its quarterly earnings results on Thursday, November 9th. The company reported ($0.10) EPS for the quarter, topping the consensus estimate of ($0.13) by $0.03. The business had revenue of $2.80 million for the quarter, compared to analysts’ expectations of $0.66 million. Amprius Technologies had a negative net margin of 560.89% and a negative return on equity of 48.58%. Research analysts forecast that Amprius Technologies, Inc. will post -0.43 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently issued reports on AMPX. William Blair began coverage on shares of Amprius Technologies in a report on Monday, December 18th. They set a “market perform” rating for the company. Alliance Global Partners began coverage on shares of Amprius Technologies in a report on Tuesday, December 5th. They set a “buy” rating and a $10.00 target price for the company. Roth Mkm began coverage on shares of Amprius Technologies in a report on Thursday, January 11th. They set a “buy” rating and a $10.00 target price for the company. Roth Capital reiterated a “buy” rating on shares of Amprius Technologies in a report on Thursday, January 11th. Finally, HC Wainwright began coverage on shares of Amprius Technologies in a report on Tuesday, October 31st. They set a “buy” rating and a $10.00 target price for the company. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $11.40.

View Our Latest Analysis on Amprius Technologies

Institutional Trading of Amprius Technologies

Several hedge funds have recently made changes to their positions in AMPX. Tower Research Capital LLC TRC grew its stake in Amprius Technologies by 240.9% in the 3rd quarter. Tower Research Capital LLC TRC now owns 5,655 shares of the company’s stock worth $27,000 after acquiring an additional 3,996 shares in the last quarter. JPMorgan Chase & Co. purchased a new position in shares of Amprius Technologies in the fourth quarter worth $44,000. Belpointe Asset Management LLC purchased a new position in shares of Amprius Technologies in the first quarter worth $44,000. Integrated Wealth Concepts LLC purchased a new position in shares of Amprius Technologies in the third quarter worth $52,000. Finally, B. Riley Wealth Advisors Inc. purchased a new position in shares of Amprius Technologies in the third quarter worth $58,000. 2.60% of the stock is currently owned by hedge funds and other institutional investors.

Amprius Technologies Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Amprius Technologies (NYSE:AMPX)

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