B. Riley Wealth Advisors Inc. Boosts Holdings in Amprius Technologies, Inc. (NYSE:AMPX)

B. Riley Wealth Advisors Inc. boosted its holdings in Amprius Technologies, Inc. (NYSE:AMPX) by 29.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,200 shares of the company’s stock after purchasing an additional 6,700 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Amprius Technologies were worth $31,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its position in shares of Amprius Technologies by 124.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 274,047 shares of the company’s stock worth $304,000 after acquiring an additional 152,102 shares during the last quarter. XTX Topco Ltd purchased a new stake in Amprius Technologies in the 2nd quarter worth $72,000. AQR Capital Management LLC bought a new position in shares of Amprius Technologies during the 2nd quarter valued at about $99,000. Geode Capital Management LLC grew its position in shares of Amprius Technologies by 50.9% during the third quarter. Geode Capital Management LLC now owns 548,138 shares of the company’s stock valued at $608,000 after purchasing an additional 184,863 shares in the last quarter. Finally, State Street Corp increased its holdings in shares of 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 purchasing an additional 12,900 shares during the last quarter. 5.04% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Amprius Technologies news, insider Jonathan Bornstein sold 18,170 shares of the business’s stock in a transaction that occurred on 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 $890,096.76. The trade was a 3.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Sandra Wallach sold 17,158 shares of the company’s stock in a transaction that occurred 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 transaction, the chief financial officer now directly owns 696,142 shares in the company, valued at approximately $1,364,438.32. This represents a 2.41 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 43,903 shares of company stock valued at $86,050 over the last three months. 12.80% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

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

Amprius Technologies Trading Up 7.1 %

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 stock has a 50-day moving average of $1.78 and a 200 day moving average of $1.36. The firm has a market cap of $192.63 million, a P/E ratio of -4.04 and a beta of 2.92.

Amprius Technologies (NYSE:AMPX) last announced 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 firm had revenue of $7.86 million during the quarter, compared to analysts’ expectations of $7.70 million. During the same quarter in the previous year, the business earned ($0.10) EPS. On average, research analysts forecast that Amprius Technologies, Inc. will post -0.44 earnings per share for the current fiscal year.

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.