Amprius Technologies (NYSE:AMPX) CTO Constantin Ionel Stefan Sells 29,681 Shares

Key Points

• Amprius Technologies’ CTO Constantin Ionel Stefan sold 29,681 shares at an average price of $10.34, totaling $306,901.54. The sale covered tax-withholding obligations tied to vested equity awards and reduced his ownership by 3.7%.
• AMPX shares traded up 3.4% to $10.20, but remain well below their 12-month high of $24.23. The company has a $1.44 billion market capitalization and a high beta of 2.34.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and a $23.00 price target, while institutional investors own 5.04% of the company.

Amprius Technologies, Inc. (NYSE:AMPX - Get Free Report) CTO Constantin Ionel Stefan sold 29,681 shares of the business'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 $306,901.54. Following the sale, the chief technology officer owned 771,629 shares in the company, valued at approximately $7,978,643.86. The trade was a 3.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Constantin Ionel Stefan also recently made the following trade(s):

• On Wednesday, May 27th, Constantin Ionel Stefan sold 3,208 shares of Amprius Technologies stock. The shares were sold at an average price of $17.19, for a total value of $55,145.52.

Amprius Technologies Trading Up 3.4%

Shares of AMPX stock traded up $0.34 during mid-day trading on Tuesday, reaching $10.20. The stock had a trading volume of 4,115,069 shares, compared to its average volume of 8,184,553. The company has a market cap of $1.44 billion, a P/E ratio of -35.16 and a beta of 2.34. Amprius Technologies, Inc. has a 12-month low of $6.66 and a 12-month high of $24.23. The business has a 50-day simple moving average of $11.72 and a 200 day simple moving average of $14.87.

Analyst Ratings Changes

Several equities analysts have weighed in on AMPX shares. Northland Securities set a $24.00 target price on shares of Amprius Technologies in a report on Monday, May 11th. Zacks Research upgraded Amprius Technologies from a "strong sell" rating to a "hold" rating in a research report on Tuesday, August 4th. Roth Capital reiterated a "buy" rating on shares of Amprius Technologies in a report on Friday, May 8th. Clear Str began coverage on Amprius Technologies in a report on Tuesday, June 2nd. They issued a "strong-buy" rating and a $33.00 price target for the company. Finally, Wall Street Zen lowered Amprius Technologies from a "hold" rating to a "sell" rating in a research note on Saturday, May 9th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $23.00.

Institutional Trading of Amprius Technologies

A number of hedge funds have recently bought and sold shares of the company. Oppenheimer & Co. Inc. raised its holdings in Amprius Technologies by 47.7% in the 4th quarter. Oppenheimer & Co. Inc. now owns 442,090 shares of the company's stock valued at $3,488,000 after acquiring an additional 142,751 shares during the last quarter. Stephens Investment Management Group LLC boosted its holdings in shares of Amprius Technologies by 33.1% during the fourth quarter. Stephens Investment Management Group LLC now owns 1,441,698 shares of the company's stock worth $11,375,000 after purchasing an additional 358,791 shares during the last quarter. Hussman Strategic Advisors Inc. purchased a new stake in shares of Amprius Technologies in the fourth quarter valued at $1,657,000. Vanguard Group Inc. grew its position in shares of Amprius Technologies by 9.5% in the fourth quarter. Vanguard Group Inc. now owns 7,128,657 shares of the company's stock valued at $56,245,000 after purchasing an additional 616,037 shares during the period. Finally, UBS Group AG increased its stake in Amprius Technologies by 35.5% in the fourth quarter. UBS Group AG now owns 2,098,946 shares of the company's stock valued at $16,561,000 after purchasing an additional 549,892 shares during the last quarter. Institutional investors and hedge funds own 5.04% of the company's stock.

About Amprius Technologies

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.

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