Hamilton Lane Advisors LLC Invests $129,000 in Amprius Technologies, Inc. (NYSE:AMPX)

Hamilton Lane Advisors LLC purchased a new stake in Amprius Technologies, Inc. (NYSE:AMPX) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 46,058 shares of the company’s stock, valued at approximately $129,000. Amprius Technologies comprises 0.1% of Hamilton Lane Advisors LLC’s portfolio, making the stock its 17th biggest position.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Geode Capital Management LLC grew its position in shares of 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 buying an additional 184,863 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake 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 valued at $304,000 after acquiring an additional 152,102 shares during the period. State Street Corp raised its position in shares of Amprius Technologies by 4.7% during 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. XTX Topco Ltd bought a new stake in shares of Amprius Technologies in the 2nd quarter worth approximately $72,000. Finally, B. Riley Wealth Advisors Inc. lifted its holdings in shares of 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 purchasing an additional 10,300 shares during the last quarter. 5.04% of the stock is owned by institutional investors and hedge funds.

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 dated Thursday, November 21st. The shares were sold at an average price of $1.96, for a total value of $33,629.68. Following the completion of the sale, the chief financial officer now directly owns 696,142 shares of the company’s stock, valued at approximately $1,364,438.32. This represents a 2.41 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jonathan Bornstein sold 18,170 shares of Amprius Technologies 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 directly owns 454,131 shares in the company, valued at $890,096.76. This represents a 3.85 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 43,903 shares of company stock valued at $86,050. 12.80% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Northland Securities increased their target price on Amprius Technologies from $4.00 to $10.00 and gave the stock an “outperform” rating in a research report on Friday, January 10th. HC Wainwright restated a “buy” rating and set a $10.00 price target on shares of Amprius Technologies in a research report on Monday, November 11th. Finally, Northland Capmk upgraded shares of Amprius Technologies to a “strong-buy” rating in a research report on Wednesday, October 2nd. Five analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $9.17.

Amprius Technologies Stock Down 2.9 %

Shares of AMPX opened at $3.31 on Thursday. The firm has a market capitalization of $350.33 million, a PE ratio of -7.36 and a beta of 2.42. The firm has a 50-day moving average price of $2.28 and a 200 day moving average price of $1.56. Amprius Technologies, Inc. has a 52-week low of $0.61 and a 52-week high of $5.26.

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