Amprius Technologies (NYSE:AMPX) Trading Down 2.2% – Here’s Why

Amprius Technologies, Inc. (NYSE:AMPXGet Free Report)’s stock price was down 2.2% during trading on Thursday . The company traded as low as $9.81 and last traded at $9.9450. Approximately 4,019,604 shares changed hands during trading, a decline of 53% from the average session volume of 8,541,812 shares. The stock had previously closed at $10.17.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Zacks Research downgraded shares of Amprius Technologies from a “hold” rating to a “strong sell” rating in a research note on Monday, July 6th. Northland Securities set a $24.00 price objective on Amprius Technologies in a report on Monday, May 11th. Wall Street Zen lowered Amprius Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Roth Capital reiterated a “buy” rating on shares of Amprius Technologies in a report on Friday, May 8th. Finally, JonesTrading initiated coverage on Amprius Technologies in a research report on Friday, July 10th. They set a “buy” rating and a $30.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.50.

View Our Latest Analysis on AMPX

Amprius Technologies Stock Performance

The firm has a market cap of $1.31 billion, a P/E ratio of -30.85 and a beta of 2.25. The firm’s fifty day moving average price is $14.84 and its 200 day moving average price is $14.88.

Amprius Technologies (NYSE:AMPXGet Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The business had revenue of $28.54 million during the quarter, compared to analysts’ expectations 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 expect that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Amprius Technologies news, CTO Constantin Ionel Stefan sold 3,208 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $17.19, for a total transaction of $55,145.52. Following the sale, the chief technology officer owned 801,310 shares of the company’s stock, valued at approximately $13,774,518.90. This trade represents a 0.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 dated 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 approximately $18,943,830.66. The trade was a 5.03% 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 310,144 shares of company stock worth $5,049,997 in the last three months. Corporate insiders own 5.10% of the company’s stock.

Institutional Trading of Amprius Technologies

Institutional investors have recently bought and sold shares of the stock. EWA LLC raised its stake in Amprius Technologies by 3.8% in the 4th quarter. EWA LLC now owns 19,958 shares of the company’s stock worth $157,000 after acquiring an additional 723 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of Amprius Technologies by 14.7% in the third quarter. Victory Capital Management Inc. now owns 11,817 shares of the company’s stock valued at $124,000 after purchasing an additional 1,516 shares during the period. Graham Capital Management L.P. raised its stake in shares of Amprius Technologies by 3.2% in the fourth quarter. Graham Capital Management L.P. now owns 49,596 shares of the company’s stock worth $391,000 after purchasing an additional 1,551 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Amprius Technologies by 5.1% during the fourth quarter. The Manufacturers Life Insurance Company now owns 33,280 shares of the company’s stock worth $263,000 after purchasing an additional 1,621 shares during the period. Finally, First Trust Advisors LP boosted its position in Amprius Technologies by 6.7% in the fourth quarter. First Trust Advisors LP now owns 32,744 shares of the company’s stock valued at $258,000 after buying an additional 2,066 shares during the last quarter. 5.04% of the stock is currently owned by institutional investors and hedge funds.

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.

Further Reading

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