Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report)’s stock price traded down 4.1% on Monday . The company traded as low as $10.77 and last traded at $11.0530. 6,491,943 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 8,723,533 shares. The stock had previously closed at $11.53.
Analyst Ratings Changes
Several analysts have recently weighed in on AMPX shares. JonesTrading initiated coverage on Amprius Technologies in a research note on Friday, July 10th. They set a “buy” rating and a $30.00 target price for the company. Weiss Ratings reissued a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. Roth Capital restated a “buy” rating on shares of Amprius Technologies in a research note on Friday, May 8th. Northland Securities set a $24.00 price objective on Amprius Technologies in a report on Monday, May 11th. Finally, Wall Street Zen lowered Amprius Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $22.50.
View Our Latest Research Report on AMPX
Amprius Technologies Trading Up 0.4%
Amprius Technologies (NYSE:AMPX – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The company had revenue of $28.54 million for the quarter, compared to the consensus estimate of $25.72 million. Amprius Technologies had a negative return on equity of 17.48% and a negative net margin of 43.98%.Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, analysts anticipate that Amprius Technologies, Inc. will post -0.07 earnings per share for the current year.
Insider Transactions at Amprius Technologies
In other news, CTO Constantin Ionel Stefan sold 28,812 shares of Amprius Technologies 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 $426,129.48. Following the completion of the transaction, the chief technology officer owned 804,518 shares in the company, valued at approximately $11,898,821.22. This trade represents a 3.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Thomas M. Stepien sold 60,702 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $14.79, for a total value of $897,782.58. Following the completion of the sale, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 310,144 shares of company stock worth $5,049,997 in the last quarter. Insiders own 5.10% of the company’s stock.
Hedge Funds Weigh In On Amprius Technologies
A number of hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in shares of Amprius Technologies by 9.5% during the fourth quarter. Vanguard Group Inc. now owns 7,128,657 shares of the company’s stock worth $56,245,000 after purchasing an additional 616,037 shares during the period. Geode Capital Management LLC boosted its position in Amprius Technologies by 10.5% during the 4th quarter. Geode Capital Management LLC now owns 2,678,417 shares of the company’s stock worth $21,137,000 after acquiring an additional 253,529 shares during the period. State Street Corp grew its position in Amprius Technologies by 16.6% in the 4th quarter. State Street Corp now owns 2,553,710 shares of the company’s stock valued at $20,149,000 after buying an additional 363,928 shares in the last quarter. Invesco Ltd. increased its stake 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 valued at $25,031,000 after acquiring an additional 1,263,846 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in shares of Amprius Technologies by 23.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,194,841 shares of the company’s stock valued at $17,317,000 after purchasing an additional 410,724 shares during the period. Institutional investors and hedge funds own 5.04% of the company’s stock.
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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