Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report)’s share price dropped 3% during trading on Friday . The stock traded as low as $11.37 and last traded at $11.5250. Approximately 4,555,792 shares changed hands during mid-day trading, a decline of 48% from the average daily volume of 8,739,739 shares. The stock had previously closed at $11.88.
Analyst Ratings Changes
AMPX has been the topic of several research reports. Zacks Research cut Amprius Technologies from a “hold” rating to a “strong sell” rating in a report on Monday. Wall Street Zen lowered shares of Amprius Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Northland Securities set a $24.00 target price on shares of Amprius Technologies in a research report on Monday, May 11th. JonesTrading assumed coverage on shares of Amprius Technologies in a report on Friday. They set a “buy” rating and a $30.00 target price on the stock. Finally, Roth Capital restated a “buy” rating on shares of Amprius Technologies in a research report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $22.50.
Get Our Latest Analysis on Amprius Technologies
Amprius Technologies Trading Down 3.0%
Amprius Technologies (NYSE:AMPX – Get Free Report) last released its quarterly 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). The company had revenue of $28.54 million during the quarter, compared to the consensus estimate of $25.72 million. Amprius Technologies had a negative net margin of 43.98% and a negative return on equity of 17.48%. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. Research analysts predict that Amprius Technologies, Inc. will post -0.07 EPS for the current year.
Insider Buying and Selling
In related news, CEO Thomas M. Stepien sold 60,702 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $14.79, for a total value of $897,782.58. Following the sale, the chief executive officer directly owned 699,298 shares in the company, valued at $10,342,617.42. This represents a 7.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kang Sun sold 67,796 shares of the 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 $1,002,702.84. Following the sale, the director directly owned 1,280,854 shares of the company’s stock, valued at $18,943,830.66. This represents a 5.03% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 310,144 shares of company stock valued at $5,049,997 in the last ninety days. Insiders own 5.10% of the company’s stock.
Institutional Investors Weigh In On Amprius Technologies
Large investors have recently modified their holdings of the company. KBC Group NV acquired a new stake in shares of Amprius Technologies during the first quarter worth $57,000. Quarry LP acquired a new position in Amprius Technologies in the third quarter valued at $42,000. Parallel Advisors LLC acquired a new position in Amprius Technologies in the third quarter valued at $54,000. Leonteq Securities AG bought a new stake in Amprius Technologies during the fourth quarter valued at $47,000. Finally, State of Wyoming boosted its position in Amprius Technologies by 155.2% during the first quarter. State of Wyoming now owns 6,041 shares of the company’s stock valued at $102,000 after acquiring an additional 3,674 shares during the last quarter. 5.04% of the stock is currently owned by institutional investors and hedge funds.
About Amprius Technologies
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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