B. Riley Wealth Advisors Inc. Buys 6,700 Shares of Amprius Technologies, Inc. (NYSE:AMPX)

B. Riley Wealth Advisors Inc. grew its stake in shares of Amprius Technologies, Inc. (NYSE:AMPX) by 29.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 29,200 shares of the company’s stock after acquiring an additional 6,700 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Amprius Technologies were worth $31,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of AMPX. Geode Capital Management LLC raised its position in Amprius Technologies by 50.9% during the 3rd 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. State Street Corp increased its stake in shares of Amprius Technologies by 4.7% during the third quarter. State Street Corp now owns 286,390 shares of the company’s stock valued at $318,000 after buying an additional 12,900 shares during the period. Charles Schwab Investment Management Inc. increased its stake 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 valued at $304,000 after buying an additional 152,102 shares during the period. AQR Capital Management LLC bought a new stake in shares of Amprius Technologies in the second quarter valued at about $99,000. Finally, XTX Topco Ltd purchased a new stake in Amprius Technologies in the second quarter worth about $72,000. Hedge funds and other institutional investors own 5.04% of the company’s stock.

Amprius Technologies Stock Up 7.1 %

NYSE:AMPX opened at $1.82 on Monday. 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, Inc. has a 52 week low of $0.61 and a 52 week high of $6.02. The firm has a 50 day moving average of $1.78 and a 200 day moving average of $1.36.

Amprius Technologies (NYSE:AMPX) last issued its quarterly earnings data on Thursday, November 7th. The company reported ($0.10) EPS for the quarter, beating the consensus estimate 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 analyst estimates of $7.70 million. During the same quarter in the prior year, the business posted ($0.10) EPS. As a group, analysts expect that Amprius Technologies, Inc. will post -0.44 EPS for the current year.

Wall Street Analyst Weigh In

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

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 that occurred on Thursday, November 21st. The shares were sold at an average price of $1.96, for a total transaction of $33,629.68. Following the transaction, the chief financial officer now owns 696,142 shares in the company, valued at approximately $1,364,438.32. This represents a 2.41 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, 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 transaction of $35,613.20. Following the completion of the transaction, the insider now directly owns 454,131 shares of the company’s stock, valued at approximately $890,096.76. This represents a 3.85 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 43,903 shares of company stock worth $86,050. 12.80% of the stock is owned by insiders.

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.