Janus Henderson Investors US LLC recently announced the acquisition of new stake in Amprius Technologies Inc. (NYSE:AMPX). This fresh investment now brings its stake to 1.20% valued currently at $8.06 million. In addition, Jane Street Capital LLC raised its holdings by 51436.0 to 51436.0 shares.
With over 0.11 million Amprius Technologies Inc. (AMPX) shares trading Monday and a closing price of $6.29 on the day, the dollar volume was approximately $0.7 million. Currently, there are 84.47M common shares owned by the public and among those 15.22M shares have been available to trade.
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An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 3 analysts who have offered their price forecasts for AMPX have a consensus price objective of $14.00. The analysts have set the share’s price value over the next 12 months at a high of $14.00 and a low of $14.00. The average price target is 55.07% above its recent price level and an upside to the estimated low will see the stock gain 55.07% over that period. But an upside of 55.07% will see the stock hit the forecast high price target while median target price for the stock is $14.00.
Insiders at the company have transacted a total of 1 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 1 of these insider trades were purchases, accounting for 30,000 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The top 3 mutual fund holders in Amprius Technologies Inc. are Janus Henderson Triton Fund, Vanguard Extended Market Index Fu, and Schwab US Small Cap ETF. Janus Henderson Triton Fund owns 0.94 million shares of the company’s stock, all valued at over $7.48 million. The company bought an additional 0.94 million shares recently to bring their total holdings to about 1.12% of the shares outstanding. Schwab US Small Cap ETF sold 32.0 shares to bring its total holdings to over 52937.0 shares at a value of $0.42 million. Schwab US Small Cap ETF now owns shares totaling to 0.06% of the shares outstanding.
Shares of Amprius Technologies Inc. (NYSE: AMPX) opened at $6.32, down -$0.01 from a prior closing price of $6.33. However, the script later moved the day high at 6.50, down -0.63%. The company’s stock has a 5-day price change of 2.28% and -33.44% over the past three months. It has a 12-month low price of $5.62 and touched a high of $26.01 over the same period. AMPX has an average intraday trading volume of 493.82K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -8.56%, -24.50%, and -29.32% respectively.
Institutional ownership of Amprius Technologies Inc. (NYSE: AMPX) shares accounts for 1.60% of the company’s 84.47M shares outstanding. Mutual fund holders own 0.24%, while other institutional holders and individual stakeholders account for 1.43% and -0.05% respectively.
It has a market capitalization of $521.19M. The earnings-per-share (ttm) stands at -$0.17. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.94% over the week and 8.73% over the month.
Analysts forecast that Amprius Technologies Inc. (AMPX) will achieve an EPS of -$0.11 for the current quarter, -$0.06 for the next quarter and -$0.44 for 2023. The lowest estimate earnings-per-share for the quarter is -$0.11 while analysts give the company a high EPS estimate of -$0.11. Earnings per share for the fiscal year are expected to decrease by -33.40%, and -55.60% over the next financial year.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 3 brokerage firm advisors rate Amprius Technologies Inc. (AMPX) as a “Strong Buy” at a consensus score of 1.70. Specifically, 3 Wall Street analysts polled rate the stock as a buy, while 0 of the 3 advise that investors “hold,” and 0 rated it as a “Sell.”
Looking at the support for the AMPX, a number of firms have released research notes about the stock. B. Riley Securities stated their Buy rating for the stock in a research note on December 02, 2022, with the firm’s price target at $14. Oppenheimer coverage for the Amprius Technologies Inc. (AMPX) stock in a research note released on October 14, 2022 offered a Outperform rating with a price target of $14.
