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Amprius Technologies (NYSE:AMPX) Trading Down 8% - Time to Sell?
Amprius Technologies (NYSE:AMPX) shares fell 8% on Friday, trading at $9.5250 with decreased volume. Despite analyst ratings of “Moderate Buy” and an average price target of $16.57, insiders have been net sellers, liquidating over 2.3 million shares worth $25.5 million in the last 90 days. Institutional investors have made various adjustments to their holdings, with the company focusing on high-energy-density lithium-ion batteries using silicon anode technology.