Charles Schwab Investment Management Inc. Has $304,000 Position in Amprius Technologies, Inc. (NYSE:AMPX)

Charles Schwab Investment Management Inc. raised its stake in Amprius Technologies, Inc. (NYSE:AMPX) by 124.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 274,047 shares of the company’s stock after buying an additional 152,102 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Amprius Technologies were worth $304,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC purchased a new stake in shares of Amprius Technologies during the 2nd quarter worth about $99,000. XTX Topco Ltd acquired a new position in Amprius Technologies in the second quarter worth approximately $72,000. Finally, B. Riley Wealth Advisors Inc. raised its position in Amprius Technologies by 84.4% during the second quarter. B. Riley Wealth Advisors Inc. now owns 22,500 shares of the company’s stock valued at $29,000 after acquiring an additional 10,300 shares in the last quarter. Hedge funds and other institutional investors own 5.04% of the company’s stock.

Amprius Technologies Stock Up 2.4 %

NYSE:AMPX opened at $1.70 on Friday. The company’s 50 day moving average is $1.77 and its 200-day moving average is $1.36. The firm has a market cap of $179.93 million, a price-to-earnings ratio of -3.78 and a beta of 2.92. Amprius Technologies, Inc. has a 12 month low of $0.61 and a 12 month high of $6.02.

Amprius Technologies (NYSE:AMPX) last announced its earnings results on Thursday, November 7th. The company reported ($0.10) EPS for the quarter, topping 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 $7.86 million for the quarter, compared to the consensus estimate of $7.70 million. During the same quarter last year, the firm posted ($0.10) EPS. Research analysts predict that Amprius Technologies, Inc. will post -0.44 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have commented on AMPX. Northland Capmk raised shares of Amprius Technologies to a “strong-buy” rating in a research report on Wednesday, October 2nd. HC Wainwright reaffirmed a “buy” rating and issued a $10.00 price objective on shares of Amprius Technologies in a research note on Monday, November 11th. Six research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Amprius Technologies currently has a consensus rating of “Buy” and a consensus price target of $8.17.

Insider Transactions at Amprius Technologies

In other news, CFO Sandra Wallach sold 17,158 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $1.96, for a total transaction of $33,629.68. Following the completion of the transaction, the chief financial officer now owns 696,142 shares of the company’s stock, valued at approximately $1,364,438.32. This represents a 2.41 % 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, insider Jonathan Bornstein sold 18,170 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $1.96, for a total transaction of $35,613.20. Following the completion of the sale, the insider now owns 454,131 shares of the company’s stock, valued at approximately $890,096.76. The trade was a 3.85 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 43,903 shares of company stock worth $86,050. 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.