Amprius Technologies (NYSE:AMPX) Trading Up 4% – Here’s What Happened

Amprius Technologies, Inc. (NYSE:AMPXGet Free Report)’s stock price was up 4% on Thursday . The stock traded as high as $17.13 and last traded at $17.0930. Approximately 5,753,316 shares were traded during trading, a decline of 36% from the average daily volume of 8,941,151 shares. The stock had previously closed at $16.43.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on AMPX shares. Roth Mkm restated a “buy” rating on shares of Amprius Technologies in a report on Friday, May 8th. Craig Hallum raised their price target on Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a report on Friday, March 6th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a research report on Monday, April 20th. William Blair reaffirmed an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. Finally, Northland Securities set a $24.00 price objective on Amprius Technologies in a research report on Monday, May 11th. One research 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $21.67.

View Our Latest Stock Report on AMPX

Amprius Technologies Price Performance

The company has a market capitalization of $2.31 billion, a PE ratio of -54.33 and a beta of 2.12. The firm has a 50-day moving average of $18.55 and a 200 day moving average of $14.34.

Amprius Technologies (NYSE:AMPXGet Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.02). Amprius Technologies had a negative net margin of 43.98% and a negative return on equity of 17.48%. The business had revenue of $28.54 million for the quarter, compared to analysts’ expectations of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. Equities analysts expect that Amprius Technologies, Inc. will post -0.07 EPS for the current year.

Insiders Place Their Bets

In other Amprius Technologies news, Director Kang Sun sold 67,796 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $14.79, for a total value of $1,002,702.84. Following the transaction, the director directly owned 1,280,854 shares of the company’s stock, valued at approximately $18,943,830.66. This trade represents a 5.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Thomas M. Stepien sold 2,000 shares of the firm’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $20.97, for a total value of $41,940.00. Following the completion of the transaction, the chief executive officer directly owned 625,625 shares in the company, valued at $13,119,356.25. The trade was a 0.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 1,943,013 shares of company stock valued at $31,551,484. 5.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of AMPX. Bank of America Corp DE boosted its position in Amprius Technologies by 31.1% in the fourth quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after purchasing an additional 3,055 shares during the last quarter. Quarry LP purchased a new position in Amprius Technologies in the third quarter worth about $42,000. Rhumbline Advisers boosted its position in Amprius Technologies by 61.1% in the first quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock worth $42,000 after purchasing an additional 5,951 shares during the last quarter. Legal & General Group Plc boosted its position in Amprius Technologies by 1,385.4% in the second quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock worth $44,000 after purchasing an additional 9,684 shares during the last quarter. Finally, XTX Topco Ltd purchased a new position in Amprius Technologies in the second quarter worth about $44,000. 5.04% of the stock is owned by hedge funds and other institutional investors.

Amprius Technologies Company Profile

(Get Free Report)

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.

Further Reading

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