24,207 Shares in Amprius Technologies, Inc. (NYSE:AMPX) Bought by American Century Companies Inc.

American Century Companies Inc. acquired a new position in Amprius Technologies, Inc. (NYSE:AMPX) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 24,207 shares of the company’s stock, valued at approximately $68,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Rhumbline Advisers grew its position in shares of Amprius Technologies by 49.4% in 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 during the period. JPMorgan Chase & Co. boosted its stake in Amprius Technologies by 343.1% during the third quarter. JPMorgan Chase & Co. now owns 27,041 shares of the company’s stock worth $30,000 after acquiring an additional 20,939 shares in the last quarter. Kingswood Wealth Advisors LLC purchased a new stake in Amprius Technologies in the fourth quarter worth about $30,000. B. Riley Wealth Advisors Inc. increased its stake in shares of Amprius Technologies by 29.8% during the third quarter. B. Riley Wealth Advisors Inc. now owns 29,200 shares of the company’s stock valued at $31,000 after purchasing an additional 6,700 shares in the last quarter. Finally, O Dell Group LLC purchased a new position in shares of Amprius Technologies during the fourth quarter valued at approximately $35,000. Hedge funds and other institutional investors own 5.04% of the company’s stock.

Insider Buying and Selling at Amprius Technologies

In other Amprius Technologies news, insider Jonathan Bornstein sold 13,527 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $3.13, for a total transaction of $42,339.51. Following the completion of the sale, the insider now directly owns 419,197 shares of the company’s stock, valued at approximately $1,312,086.61. This represents a 3.13 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Kang Sun sold 34,353 shares of Amprius Technologies stock in a transaction on Friday, February 21st. The stock was sold at an average price of $3.13, for a total transaction of $107,524.89. Following the transaction, the chief executive officer now owns 1,282,621 shares in the company, valued at $4,014,603.73. This represents a 2.61 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 75,088 shares of company stock worth $235,025. Insiders own 12.80% of the company’s stock.

Amprius Technologies Stock Performance

Shares of NYSE:AMPX opened at $2.41 on Tuesday. The firm has a market cap of $284.20 million, a price-to-earnings ratio of -5.36 and a beta of 2.17. The business has a 50-day simple moving average of $2.66 and a two-hundred day simple moving average of $2.34. Amprius Technologies, Inc. has a fifty-two week low of $0.61 and a fifty-two week high of $4.21.

Amprius Technologies (NYSE:AMPX) last released its quarterly earnings data on Thursday, March 20th. The company reported ($0.10) earnings per share for the quarter, beating the consensus estimate of ($0.11) by $0.01. Amprius Technologies had a negative net margin of 245.92% and a negative return on equity of 71.39%. The firm had revenue of $10.63 million during the quarter, compared to analysts’ expectations of $7.12 million. As a group, research analysts predict that Amprius Technologies, Inc. will post -0.45 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently weighed in on AMPX shares. Roth Mkm reaffirmed a “buy” rating and set a $6.00 price objective on shares of Amprius Technologies in a research report on Friday, March 21st. Oppenheimer raised their price target on Amprius Technologies from $14.00 to $15.00 and gave the company an “outperform” rating in a report on Friday, March 21st. HC Wainwright reaffirmed a “buy” rating and issued a $10.00 price target on shares of Amprius Technologies in a research report on Friday, March 21st. Northland Securities increased their price objective on shares of Amprius Technologies from $4.00 to $10.00 and gave the company an “outperform” rating in a research report on Friday, January 10th. Finally, B. Riley lifted their target price on shares of Amprius Technologies from $5.00 to $6.00 and gave the stock a “buy” rating in a report on Friday, March 21st. Seven 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, the stock currently has a consensus rating of “Buy” and an average price target of $9.43.

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.