Amprius Technologies, Inc. CTO Sells Shares Worth $28,376.58
On February 21st, Constantin Ionel Stefan, the Chief Technology Officer of Amprius Technologies, Inc. (NYSE:AMPX), sold 9,066 shares of the company's stock. This sale was conducted at an average price of $3.13 per share, bringing the total value of the transaction to $28,376.58. After this transaction, Stefan now holds 421,489 shares in Amprius Technologies, which amounts to an approximate value of $1,319,260.57. This divestment corresponds to a decrease of 2.11% in his ownership of company stock. The sale was disclosed in a document submitted to the Securities and Exchange Commission (SEC), which is publicly accessible.
Amprius Technologies Stock Performance
On Monday, Amprius Technologies saw a decline in stock price, dropping 6.8%, and the shares fell by $0.21 to reach $2.80. In total, 3,180,815 shares exchanged hands, which is slightly less than the average trading volume of 3,692,507 shares. The company's market capitalization is approximately $295.82 million, with a price-to-earnings (PE) ratio of -6.21 and a beta of 2.45. In terms of moving averages, the stock has a 50-day simple moving average of $3.02 and a 200-day simple moving average of $1.97. Over the past year, the stock has varied between a low of $0.61 and a high of $4.20.
Institutional Investment Movements
Several institutional investors have made recent adjustments to their positions in Amprius Technologies. Notably, Charles Schwab Investment Management Inc. increased its stake in the company by 124.7% during the third quarter, now owning 274,047 shares valued at $304,000 after acquiring an additional 152,102 shares. Similarly, State Street Corp raised its holdings by 4.7%, owning 286,390 shares worth $318,000, an increase of 12,900 shares. Geode Capital Management LLC also expanded its stake by 50.9%, now holding 548,138 shares valued at $608,000 after purchasing another 184,863 shares. Additionally, B. Riley Wealth Advisors Inc. increased their holdings by 29.8% and JPMorgan Chase & Co. boosted their position by 343.1%, enhancing their stakes significantly. Hedge funds and other institutional investors currently comprise 5.04% of the company’s stock.Amprius, CTO, stocks