Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Amprius Technologies Inc shares valued at $299,613 were sold by Bornstein Jonathan on Apr 02 ’24. At $2.38 per share, Bornstein Jonathan sold 125,983 shares. The insider’s holdings dropped to 558,930 shares worth approximately $0.98 million following the completion of this transaction.
Also, Bornstein Jonathan sold 40,200 shares, netting a total of over 111,579 in proceeds. Following the sale of shares at $2.78 each, the insider now holds 0 shares.
Before that, Bornstein Jonathan had sold 109,800 shares from its account. In a trade valued at $320,462, the President of Amprius Lab traded Amprius Technologies Inc shares for $2.92 each. Upon closing the transaction, the insider’s holdings decreased to 109,800 shares, worth approximately $0.0.
As published in their initiating research note from ROTH MKM on January 11, 2024, Amprius Technologies Inc [AMPX] has been a Buy and the price target has been revised to $10. Analysts at William Blair started covering the stock with ‘”a Mkt perform”‘ outlook in a report released in mid December. As of December 05, 2023, Alliance Global Partners has initiated its “Buy” rating for AMPX. Earlier on October 31, 2023, H.C. Wainwright initiated its rating. Their recommendation was “a Buy” for AMPX stock.
Analyzing AMPX Stock Performance
During the last five days, there has been a drop of approximately -9.74%. Over the course of the year, Amprius Technologies Inc shares have dropped approximately -66.73%. Shares of the company reached a 52-week high of $5.2855 on 01/02/24 and a 52-week low of $1.6450 on 04/17/24. A 50-day SMA is recorded $2.8892, while a 200-day SMA reached $4.2769. Nevertheless, trading volume fell to 0.8 million shares from 0.57 million shares the previous day.
Support And Resistance Levels for Amprius Technologies Inc (AMPX)
According to the 24-hour chart, there is a support level at 1.6467, which, if violated, would cause prices to drop to 1.5333. In the upper region, resistance lies at 1.9167. The next price resistance is at 2.0733. RSI (Relative Strength Index) is 27.62 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.2890, which suggests the price will decrease in the coming days. Percent R is at 89.11%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
