258,618 Shares in Amprius Technologies, Inc. (NYSE:AMPX) Bought by Jane Street Group LLC

Jane Street Group LLC purchased a new position in Amprius Technologies, Inc. (NYSE:AMPX) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 258,618 shares of the company’s stock, valued at approximately $724,000. Jane Street Group LLC owned about 0.24% of Amprius Technologies as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the business. Invesco Ltd. increased its position in Amprius Technologies by 56.5% in the fourth quarter. Invesco Ltd. now owns 2,484,662 shares of the company’s stock worth $6,957,000 after purchasing an additional 897,222 shares during the last quarter. Board of Trustees of The Leland Stanford Junior University purchased a new position in Amprius Technologies during the fourth quarter worth $4,081,000. Renaissance Technologies LLC boosted its stake in Amprius Technologies by 5,740.5% during the fourth quarter. Renaissance Technologies LLC now owns 765,100 shares of the company’s stock worth $2,142,000 after buying an additional 752,000 shares during the period. Geode Capital Management LLC boosted its stake in Amprius Technologies by 6.0% during the fourth quarter. Geode Capital Management LLC now owns 580,819 shares of the company’s stock worth $1,626,000 after buying an additional 32,681 shares during the period. Finally, XTX Topco Ltd boosted its stake in Amprius Technologies by 486.4% during the fourth quarter. XTX Topco Ltd now owns 280,094 shares of the company’s stock worth $784,000 after buying an additional 232,332 shares during the period. Institutional investors own 5.04% of the company’s stock.

Insider Activity

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 completion of the sale, the chief financial officer now directly owns 1,033,665 shares of the company’s stock, valued at $2,511,805.95. This represents a 2.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Constantin Ionel Stefan sold 20,366 shares of the company’s stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $2.43, for a total transaction of $49,489.38. Following the completion of the sale, the chief technology officer now directly owns 866,134 shares of the company’s stock, valued at approximately $2,104,705.62. This trade represents a 2.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 117,747 shares of company stock valued at $286,125. 12.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on AMPX shares. Oppenheimer lifted their price objective on shares of Amprius Technologies from $14.00 to $15.00 and gave the stock an “outperform” rating in a research note on Friday, March 21st. HC Wainwright reaffirmed a “buy” rating and set a $10.00 price objective on shares of Amprius Technologies in a research note on Friday, March 21st. B. Riley lifted their price objective on shares of Amprius Technologies from $5.00 to $6.00 and gave the stock a “buy” rating in a research note on Friday, March 21st. Finally, Roth Mkm reaffirmed a “buy” rating and set a $6.00 price objective on shares of Amprius Technologies in a research note on Friday, March 21st. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $9.50.

Amprius Technologies Trading Up 6.9%

Shares of AMPX opened at $2.70 on Monday. The firm has a market capitalization of $317.81 million, a P/E ratio of -5.99 and a beta of 2.23. Amprius Technologies, Inc. has a 12-month low of $0.61 and a 12-month high of $4.21. The firm has a fifty day moving average price of $2.51 and a 200-day moving average price of $2.57.

Amprius Technologies (NYSE:AMPX) last issued its earnings results on Thursday, May 8th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.01. The firm had revenue of $11.28 million during the quarter, compared to analyst estimates of $8.52 million. Amprius Technologies had a negative net margin of 245.92% and a negative return on equity of 71.39%. Analysts predict that Amprius Technologies, Inc. will post -0.45 earnings per share for the current 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.