XTX Topco Ltd Acquires New Shares in Amprius Technologies, Inc. (NYSE:AMPX)

XTX Topco Ltd bought a new stake in shares of Amprius Technologies, Inc. (NYSE:AMPX) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 56,369 shares of the company’s stock, valued at approximately $72,000. XTX Topco Ltd owned 0.05% of Amprius Technologies at the end of the most recent reporting period.

Separately, B. Riley Wealth Advisors Inc. raised its stake in shares of Amprius Technologies by 29.3% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 15,775 shares of the company’s stock valued at $83,000 after purchasing an additional 3,575 shares during the period. Hedge funds and other institutional investors own 5.04% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on AMPX shares. HC Wainwright restated a “buy” rating and issued a $10.00 target price on shares of Amprius Technologies in a research note on Monday, August 12th. Oppenheimer dropped their price target on Amprius Technologies from $15.00 to $14.00 and set an “outperform” rating for the company in a research report on Friday, August 9th. Northland Securities decreased their price objective on shares of Amprius Technologies from $10.00 to $4.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 13th. Roth Mkm cut their price target on shares of Amprius Technologies from $10.00 to $6.00 and set a “buy” rating for the company in a research note on Friday, August 9th. Finally, B. Riley upgraded shares of Amprius Technologies to a “strong-buy” rating in a research report on Tuesday, June 25th. One investment analyst has rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Amprius Technologies has an average rating of “Buy” and an average target price of $8.17.

Amprius Technologies Stock Performance

NYSE:AMPX opened at $1.02 on Wednesday. Amprius Technologies, Inc. has a fifty-two week low of $0.61 and a fifty-two week high of $6.02. The firm has a market cap of $110.13 million, a PE ratio of -2.37 and a beta of 2.71. The business has a 50 day moving average price of $1.03 and a 200-day moving average price of $1.45.

Amprius Technologies (NYSE:AMPX) last announced its quarterly earnings results on Thursday, August 8th. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.02). Amprius Technologies had a negative net margin of 327.05% and a negative return on equity of 64.85%. The firm had revenue of $3.35 million for the quarter, compared to analysts’ expectations of $2.45 million. During the same period in the previous year, the company earned ($0.11) EPS. Research analysts predict that Amprius Technologies, Inc. will post -0.49 EPS for the current year.

Insider Transactions at Amprius Technologies

In other Amprius Technologies news, Director Justin E. Mirro sold 250,000 shares of the company’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $0.81, for a total transaction of $202,500.00. Following the completion of the transaction, the director now owns 1,195,000 shares of the company’s stock, valued at approximately $967,950. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Justin E. Mirro sold 250,000 shares of the firm’s stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $0.81, for a total value of $202,500.00. Following the completion of the sale, the director now directly owns 1,195,000 shares of the company’s stock, valued at approximately $967,950. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Justin E. Mirro sold 135,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $1.00, for a total value of $135,000.00. Following the transaction, the director now owns 1,510,000 shares in the company, valued at approximately $1,510,000. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 469,683 shares of company stock worth $425,318. Company insiders own 12.80% of the company’s stock.

Amprius Technologies Profile

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.