Amprius Technologies (NYSE:AMPX) Trading 4.7% Higher – Here’s Why

Amprius Technologies, Inc. (NYSE:AMPXGet Free Report) was up 4.7% during mid-day trading on Monday . The company traded as high as $13.84 and last traded at $13.5140. Approximately 5,929,575 shares traded hands during trading, a decline of 33% from the average session volume of 8,840,797 shares. The stock had previously closed at $12.91.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Cantor Fitzgerald increased their target price on Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Wall Street Zen downgraded Amprius Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Northland Securities set a $24.00 target price on Amprius Technologies in a research note on Monday, May 11th. Needham & Company LLC reiterated a “buy” rating and issued a $20.00 target price on shares of Amprius Technologies in a report on Tuesday, March 10th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Amprius Technologies in a research report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Amprius Technologies has an average rating of “Moderate Buy” and an average price target of $21.67.

Check Out Our Latest Analysis on Amprius Technologies

Amprius Technologies Trading Down 1.8%

The company has a market cap of $1.93 billion, a price-to-earnings ratio of -45.36 and a beta of 2.12. The business has a fifty day moving average of $17.87 and a two-hundred day moving average of $14.64.

Amprius Technologies (NYSE:AMPXGet Free Report) last announced its earnings results on Wednesday, May 6th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $28.54 million for the quarter, compared to analyst estimates of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, research analysts forecast that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.

Insider Transactions at Amprius Technologies

In other news, Director Donald R. Dixon sold 85,000 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $17.17, for a total value of $1,459,450.00. Following the completion of the transaction, the director owned 359,380 shares of the company’s stock, valued at approximately $6,170,554.60. This trade represents a 19.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Thomas M. Stepien sold 60,702 shares of Amprius Technologies stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $14.79, for a total transaction of $897,782.58. Following the completion of the transaction, the chief executive officer owned 699,298 shares of the company’s stock, valued at $10,342,617.42. This trade represents a 7.99% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 310,144 shares of company stock worth $5,049,997 in the last 90 days. Insiders own 5.10% of the company’s stock.

Institutional Trading of Amprius Technologies

Large investors have recently modified their holdings of the stock. Bank of America Corp DE grew its position in shares of Amprius Technologies by 31.1% during the fourth quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after buying an additional 3,055 shares in the last quarter. Quarry LP acquired a new stake in Amprius Technologies in the third quarter valued at approximately $42,000. Rhumbline Advisers lifted its stake 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 acquiring an additional 5,951 shares during the last quarter. Legal & General Group Plc lifted its stake 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 acquiring an additional 9,684 shares during the last quarter. Finally, XTX Topco Ltd acquired a new position in Amprius Technologies during the 2nd quarter worth approximately $44,000. Hedge funds and other institutional investors own 5.04% of the company’s stock.

About Amprius Technologies

(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.

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