Two Sigma Investments LP Has $1.24 Million Holdings in Amprius Technologies, Inc. (NYSE:AMPX)

Two Sigma Investments LP boosted its stake in Amprius Technologies, Inc. (NYSE:AMPX - Free Report) by 323.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 443,311 shares of the company's stock after acquiring an additional 338,524 shares during the quarter. Two Sigma Investments LP owned 0.42% of Amprius Technologies worth $1,241,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Rhumbline Advisers lifted its position in Amprius Technologies by 49.4% during the 4th quarter. Rhumbline Advisers now owns 9,739 shares of the company's stock worth $27,000 after buying an additional 3,222 shares in the last quarter. Mercer Global Advisors Inc. ADV bought a new stake in Amprius Technologies during the 4th quarter worth about $28,000. JPMorgan Chase & Co. lifted its position in Amprius Technologies by 343.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,041 shares of the company's stock worth $30,000 after buying an additional 20,939 shares in the last quarter. O Dell Group LLC bought a new stake in Amprius Technologies during the 4th quarter worth about $35,000. Finally, Bank of America Corp DE lifted its position in Amprius Technologies by 31.1% during 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 in the last quarter. 5.04% of the stock is owned by institutional investors.

Insider Activity at Amprius Technologies

In related news, CFO Sandra Wallach sold 27,595 shares of the company's stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $2.43, for a total value of $67,055.85. Following the transaction, the chief financial officer now owns 1,033,665 shares in the company, valued at approximately $2,511,805.95. This represents a 2.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Kang Sun sold 69,786 shares of the company's stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $2.43, for a total transaction of $169,579.98. Following the completion of the transaction, the chief executive officer now owns 1,812,235 shares in the company, valued at approximately $4,403,731.05. This trade represents a 3.71% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 117,747 shares of company stock worth $286,125. Insiders own 12.90% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have commented on AMPX. Roth Mkm reissued a "buy" rating and set a $6.00 price target on shares of Amprius Technologies in a research report on Friday, March 21st. Oppenheimer boosted their price target on shares of Amprius Technologies from $14.00 to $15.00 and gave the stock an "outperform" rating in a research report on Friday, March 21st. B. Riley upped their target price on shares of Amprius Technologies from $5.00 to $6.00 and gave the company a "buy" rating in a report on Friday, March 21st. Finally, HC Wainwright reaffirmed a "buy" rating and issued a $10.00 target price on shares of Amprius Technologies in a report on Friday, March 21st. Six equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Amprius Technologies currently has an average rating of "Buy" and a consensus price target of $9.50.

Amprius Technologies Stock Up 10.3%

Shares of AMPX stock traded up $0.27 on Friday, reaching $2.90. The stock had a trading volume of 3,777,559 shares, compared to its average volume of 2,459,496. The firm's 50-day moving average is $2.50 and its two-hundred day moving average is $2.62. The firm has a market capitalization of $341.99 million, a price-to-earnings ratio of -6.44 and a beta of 2.37. Amprius Technologies, Inc. has a 12 month low of $0.61 and a 12 month high of $4.21.

Amprius Technologies (NYSE:AMPX - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported ($0.08) EPS for the quarter, beating analysts' consensus estimates of ($0.09) by $0.01. Amprius Technologies had a negative net margin of 245.92% and a negative return on equity of 71.39%. The business had revenue of $11.28 million for the quarter, compared to analyst estimates of $8.52 million. On average, sell-side analysts forecast that Amprius Technologies, Inc. will post -0.45 earnings per share for the current fiscal year.

About Amprius Technologies

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.