Polen Capital Management LLC cut its position in Amprius Technologies, Inc. (NYSE:AMPX – Free Report) by 15.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 288,290 shares of the company’s stock after selling 51,137 shares during the quarter. Polen Capital Management LLC owned 0.22% of Amprius Technologies worth $2,275,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in AMPX. Bank of America Corp DE raised its position in shares of Amprius Technologies by 31.1% in the 4th quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock valued at $36,000 after buying an additional 3,055 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Amprius Technologies by 86.7% in the 1st quarter. AQR Capital Management LLC now owns 77,764 shares of the company’s stock valued at $208,000 after buying an additional 36,116 shares in the last quarter. Millennium Management LLC raised its position in shares of Amprius Technologies by 94.5% in the 1st quarter. Millennium Management LLC now owns 1,396,013 shares of the company’s stock valued at $3,741,000 after buying an additional 678,442 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of Amprius Technologies by 128.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 244,646 shares of the company’s stock valued at $656,000 after buying an additional 137,640 shares in the last quarter. Finally, Rhumbline Advisers raised its position in shares of Amprius Technologies by 61.1% in the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after buying an additional 5,951 shares in the last quarter. 5.04% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Amprius Technologies
In other Amprius Technologies news, CTO Constantin Ionel Stefan sold 28,812 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $14.79, for a total transaction of $426,129.48. Following the sale, the chief technology officer directly owned 804,518 shares of the company’s stock, valued at $11,898,821.22. The trade was a 3.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kang Sun sold 1,500,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $15.91, for a total transaction of $23,865,000.00. Following the sale, the director directly owned 1,342,400 shares in the company, valued at $21,357,584. The trade was a 52.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,943,013 shares of company stock worth $31,551,484 in the last 90 days. 5.10% of the stock is currently owned by company insiders.
Amprius Technologies Stock Up 4.0%
Amprius Technologies (NYSE:AMPX – Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). Amprius Technologies had a negative return on equity of 17.48% and a negative net margin of 43.98%.The firm had revenue of $28.54 million during the quarter, compared to analyst estimates of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, equities research analysts expect that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.
Analysts Set New Price Targets
Several equities analysts have recently commented on the stock. Wall Street Zen cut shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Needham & Company LLC restated a “buy” rating and issued a $20.00 target price on shares of Amprius Technologies in a research report on Tuesday, March 10th. Craig Hallum boosted their target price on shares of Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a research report on Friday, March 6th. William Blair restated an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. Finally, Clear Str assumed coverage on shares of Amprius Technologies in a report on Tuesday, June 2nd. They set a “strong-buy” rating and a $33.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.67.
View Our Latest Research Report on Amprius Technologies
Amprius Technologies Company Profile
Amprius Technologies, Inc (NYSE: AMPX) is a U.S.-based developer of high-energy-density lithium-ion batteries that leverage silicon anode technology to deliver performance levels beyond conventional graphite-based cells. The company’s batteries are designed to offer industry-leading gravimetric energy density, enabling longer run times and reduced weight for portable power applications. Amprius blends advanced materials science and scalable manufacturing processes to commercialize next-generation battery solutions.
At the core of Amprius’ product portfolio are cylindrical and prismatic cells that employ a proprietary silicon nanowire anode, which supports high charge/discharge rates while maintaining cycle life.
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