Thames Capital Management LLC Buys New Position in Amprius Technologies, Inc. $AMPX

Thames Capital Management LLC purchased a new position in shares of Amprius Technologies, Inc. (NYSE:AMPXFree Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 526,832 shares of the company’s stock, valued at approximately $5,542,000. Thames Capital Management LLC owned 0.42% of Amprius Technologies at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Geode Capital Management LLC lifted its holdings in Amprius Technologies by 167.9% during the 2nd quarter. Geode Capital Management LLC now owns 1,593,607 shares of the company’s stock worth $6,710,000 after buying an additional 998,649 shares in the last quarter. Millennium Management LLC raised its stake in shares of Amprius Technologies by 94.5% in the first quarter. Millennium Management LLC now owns 1,396,013 shares of the company’s stock valued at $3,741,000 after acquiring an additional 678,442 shares in the last quarter. Marshall Wace LLP raised its stake in shares of Amprius Technologies by 16.1% in the second quarter. Marshall Wace LLP now owns 1,105,413 shares of the company’s stock valued at $4,654,000 after acquiring an additional 153,476 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Amprius Technologies by 12,063.3% in the second quarter. JPMorgan Chase & Co. now owns 1,017,217 shares of the company’s stock valued at $4,282,000 after purchasing an additional 1,008,854 shares during the period. Finally, Baird Financial Group Inc. grew its stake in Amprius Technologies by 99.9% during the 2nd quarter. Baird Financial Group Inc. now owns 1,000,711 shares of the company’s stock worth $4,213,000 after purchasing an additional 500,212 shares in the last quarter. Hedge funds and other institutional investors own 5.04% of the company’s stock.

Amprius Technologies News Summary

Here are the key news stories impacting Amprius Technologies this week:

Insider Buying and Selling

In related news, CTO Constantin Ionel Stefan sold 198,255 shares of the company’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $10.51, for a total value of $2,083,660.05. Following the completion of the sale, the chief technology officer owned 748,696 shares in the company, valued at $7,868,794.96. This represents a 20.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Kang Sun sold 1,000,000 shares of Amprius Technologies stock in a transaction on Monday, November 17th. The shares were sold at an average price of $10.60, for a total transaction of $10,600,000.00. Following the completion of the transaction, the chief executive officer owned 1,472,306 shares in the company, valued at approximately $15,606,443.60. This represents a 40.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 1,798,201 shares of company stock worth $18,741,241. Insiders own 12.90% of the company’s stock.

Amprius Technologies Price Performance

NYSE AMPX opened at $10.14 on Friday. Amprius Technologies, Inc. has a 12 month low of $1.70 and a 12 month high of $16.03. The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of -39.01 and a beta of 3.04. The firm’s fifty day moving average price is $10.25 and its 200 day moving average price is $9.53.

Amprius Technologies (NYSE:AMPXGet Free Report) last issued 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. The company had revenue of $21.43 million for the quarter, compared to analyst estimates of $16.45 million. Amprius Technologies had a negative return on equity of 38.85% and a negative net margin of 53.16%. As a group, sell-side analysts forecast that Amprius Technologies, Inc. will post -0.45 earnings per share for the current year.

Analyst Ratings Changes

AMPX has been the subject of several recent research reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a research note on Wednesday, October 8th. Cantor Fitzgerald boosted their price target on shares of Amprius Technologies from $12.00 to $16.00 and gave the stock an “overweight” rating in a report on Friday, November 7th. Northland Securities set a $20.00 price objective on shares of Amprius Technologies in a research report on Tuesday, October 7th. Oppenheimer reaffirmed an “outperform” rating and set a $17.00 price objective on shares of Amprius Technologies in a research report on Tuesday, December 23rd. Finally, Roth Capital set a $14.00 target price on Amprius Technologies and gave the company a “buy” rating in a report on Wednesday, October 22nd. Seven equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $14.57.

Get Our Latest Stock Analysis on AMPX

About Amprius Technologies

(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.

See Also

Institutional Ownership by Quarter for Amprius Technologies (NYSE:AMPX)

Receive News & Ratings for Amprius Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amprius Technologies and related companies with MarketBeat.com's FREE daily email newsletter.