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

XTX Topco Ltd reduced its stake in shares of Amprius Technologies, Inc. (NYSE:AMPX) by 15.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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 hedge funds and other institutional investors also recently added to or reduced their stakes in the company. B. Riley Wealth Advisors Inc. increased its stake in Amprius Technologies by 84.4% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 22,500 shares of the company’s stock worth $29,000 after buying an additional 10,300 shares in the last quarter. AQR Capital Management LLC purchased a new stake in shares of Amprius Technologies during the second quarter worth about $99,000. Charles Schwab Investment Management Inc. lifted its holdings in Amprius Technologies by 124.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 274,047 shares of the company’s stock worth $304,000 after purchasing an additional 152,102 shares in the last quarter. Finally, State Street Corp boosted its stake in Amprius Technologies by 4.7% in the 3rd quarter. State Street Corp now owns 286,390 shares of the company’s stock worth $318,000 after purchasing an additional 12,900 shares during the period. 5.04% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Amprius Technologies Trading Up 7.1 %

Shares of NYSE AMPX opened at $1.82 on Monday. Amprius Technologies, Inc. has a 12-month low of $0.61 and a 12-month high of $6.02. The firm’s 50-day moving average price is $1.78 and its 200-day moving average price is $1.36. The stock has a market capitalization of $192.63 million, a price-to-earnings ratio of -4.04 and a beta of 2.92.

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

Insider Buying and Selling at Amprius Technologies

In other Amprius Technologies news, CFO Sandra Wallach sold 17,158 shares of the company’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 $33,629.68. Following the transaction, the chief financial officer now owns 696,142 shares of the company’s stock, valued at $1,364,438.32. This represents a 2.41 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Jonathan Bornstein sold 18,170 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $1.96, for a total transaction of $35,613.20. Following the completion of the transaction, the insider now owns 454,131 shares in the company, valued at approximately $890,096.76. The trade was a 3.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 43,903 shares of company stock worth $86,050 over the last quarter. Insiders own 12.80% of the company’s stock.

Amprius Technologies Company 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.