Amprius Technologies (NYSE:AMPX) saw its shares increase by 7.2% on Monday, trading with a market capitalization of $1.33 billion. Despite generally positive analyst sentiment, with a “Moderate Buy” consensus and an average price target of $16.63, there has been significant insider selling, amounting to over $25.5 million in shares over the past three months. Institutional investors have also adjusted their holdings, with hedge funds owning 5.04% of the stock.
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Amprius Technologies (NYSE:AMPX) Trading Up 7.2% - Still a Buy?
Amprius Technologies (NYSE:AMPX) saw its shares increase by 7.2% on Monday, trading with a market capitalization of $1.33 billion. Despite generally positive analyst sentiment, with a “Moderate Buy” consensus and an average price target of $16.63, there has been significant insider selling, amounting to over $25.5 million in shares over the past three months. Institutional investors have also adjusted their holdings, with hedge funds owning 5.04% of the stock.