Clear Str upgraded shares of Amprius Technologies (NYSE:AMPX – Free Report) to a strong-buy rating in a report issued on Tuesday morning,Zacks.com reports.
Several other equities research analysts also recently issued reports on the company. William Blair restated an “outperform” rating on shares of Amprius Technologies in a report on Friday, March 6th. Needham & Company LLC restated a “buy” rating and issued a $20.00 price target on shares of Amprius Technologies in a report on Tuesday, March 10th. Weiss Ratings restated a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. Cantor Fitzgerald increased their price target on Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. Finally, B. Riley Financial increased their price target on Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $20.25.
Get Our Latest Stock Analysis on AMPX
Amprius Technologies Price Performance
Amprius Technologies (NYSE:AMPX – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.02). Amprius Technologies had a negative return on equity of 17.48% and a negative net margin of 43.98%.The business had revenue of $28.54 million during the quarter, compared to the consensus estimate of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, equities analysts anticipate that Amprius Technologies will post -0.07 EPS for the current fiscal year.
Insider Buying and Selling at Amprius Technologies
In related news, Director Wen Hsuan Hsieh sold 413,146 shares of the stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $18.44, for a total transaction of $7,618,412.24. Following the completion of the transaction, the director directly owned 44,444 shares in the company, valued at approximately $819,547.36. This trade represents a 90.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kang Sun sold 1,500,000 shares of the stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $15.91, for a total value of $23,865,000.00. Following the transaction, the director owned 1,342,400 shares of the company’s stock, valued at approximately $21,357,584. The trade was a 52.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 2,636,356 shares of company stock valued at $44,226,754 in the last 90 days. 5.10% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of AMPX. Voloridge Investment Management LLC bought a new position in shares of Amprius Technologies during the third quarter worth about $19,737,000. BNP Paribas Financial Markets grew its holdings in shares of Amprius Technologies by 1,117.9% during the third quarter. BNP Paribas Financial Markets now owns 1,943,905 shares of the company’s stock worth $20,450,000 after buying an additional 1,784,291 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Amprius Technologies by 37.0% during the third quarter. Vanguard Group Inc. now owns 6,512,620 shares of the company’s stock worth $68,513,000 after buying an additional 1,757,395 shares in the last quarter. Norges Bank bought a new position in shares of Amprius Technologies during the fourth quarter worth about $10,295,000. Finally, Invesco Ltd. grew its holdings in shares of Amprius Technologies by 113.3% during the third quarter. Invesco Ltd. now owns 2,379,384 shares of the company’s stock worth $25,031,000 after buying an additional 1,263,846 shares in the last quarter. 5.04% of the stock is currently owned by institutional investors.
Amprius Technologies Company Profile
Amprius Technologies, Inc (NYSE: AMPX) is a U.S.-based developer of high-energy-density lithium-ion batteries that leverage silicon anode technology to deliver performance levels beyond conventional graphite-based cells. The company’s batteries are designed to offer industry-leading gravimetric energy density, enabling longer run times and reduced weight for portable power applications. Amprius blends advanced materials science and scalable manufacturing processes to commercialize next-generation battery solutions.
At the core of Amprius’ product portfolio are cylindrical and prismatic cells that employ a proprietary silicon nanowire anode, which supports high charge/discharge rates while maintaining cycle life.
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