XTX Topco Ltd Decreases Stock Holdings in Amprius Technologies, Inc. (NYSE:AMPX)

XTX Topco Ltd decreased its holdings in shares of Amprius Technologies, Inc. (NYSE:AMPX) by 15.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,762 shares of the company’s stock after selling 8,607 shares during the period. XTX Topco Ltd’s holdings in Amprius Technologies were worth $53,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. B. Riley Wealth Advisors Inc. raised its holdings in shares of 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. AQR Capital Management LLC bought a new position in Amprius Technologies in the second quarter worth about $99,000. Charles Schwab Investment Management Inc. lifted its holdings in Amprius Technologies by 124.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 274,047 shares of the company’s stock worth $304,000 after buying an additional 152,102 shares during the period. Finally, State Street Corp lifted its holdings in Amprius Technologies by 4.7% in the third quarter. State Street Corp now owns 286,390 shares of the company’s stock worth $318,000 after buying an additional 12,900 shares during the period. Hedge funds and other institutional investors own 5.04% of the company’s stock.

Insider Buying and Selling at Amprius Technologies

In other news, insider Jonathan Bornstein sold 18,170 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $1.96, for a total value of $35,613.20. Following the transaction, the insider now directly owns 454,131 shares in the company, valued at $890,096.76. This trade represents a 3.85 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Sandra Wallach sold 17,158 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $1.96, for a total value of $33,629.68. Following the sale, the chief financial officer now owns 696,142 shares of the company’s stock, valued at approximately $1,364,438.32. This trade represents a 2.41 % decrease in their position. The disclosure for this sale can be found here. In the last 90 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 Stock Performance

Shares of NYSE AMPX opened at $1.82 on Monday. The firm’s 50 day moving average price is $1.78 and its 200-day moving average price is $1.36. Amprius Technologies, Inc. has a 52-week low of $0.61 and a 52-week high of $6.02. The company has a market cap of $192.63 million, a PE ratio of -4.04 and a beta of 2.92.

Amprius Technologies (NYSE:AMPX) last posted its earnings results on Thursday, November 7th. The company reported ($0.10) EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.01. Amprius Technologies had a negative return on equity of 71.39% and a negative net margin of 245.92%. The business had revenue of $7.86 million during the quarter, compared to analyst estimates of $7.70 million. During the same quarter last year, the company earned ($0.10) EPS. On average, analysts forecast that Amprius Technologies, Inc. will post -0.44 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.