Amprius Technologies (NYSE:AMPX) Shares Up 1.5% – Here’s Why

Amprius Technologies, Inc. (NYSE:AMPXGet Free Report) shares rose 1.5% on Friday . The stock traded as high as $10.03 and last traded at $9.6120. 5,245,430 shares were traded during trading, a decline of 38% from the average daily volume of 8,417,439 shares. The stock had previously closed at $9.47.

Analyst Upgrades and Downgrades

AMPX has been the subject of several research reports. Zacks Research lowered Amprius Technologies from a “hold” rating to a “strong sell” rating in a research note on Monday, July 6th. JonesTrading began coverage on Amprius Technologies in a report on Friday, July 10th. They issued a “buy” rating and a $30.00 price target for the company. Roth Capital restated a “buy” rating on shares of Amprius Technologies in a research report on Friday, May 8th. Clear Str began coverage on shares of Amprius Technologies in a report on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 target price on the stock. Finally, Northland Securities set a $24.00 price target on shares of Amprius Technologies in a research note on Monday, May 11th. 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.50.

Read Our Latest Research Report on AMPX

Amprius Technologies Stock Performance

The stock has a market capitalization of $1.36 billion, a price-to-earnings ratio of -32.04 and a beta of 2.25. The business has a 50-day moving average of $14.34 and a 200-day moving average of $14.91.

Amprius Technologies (NYSE:AMPXGet Free Report) last posted 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). The company had revenue of $28.54 million during the quarter, compared to analyst estimates 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. Equities analysts predict that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other 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 transaction of $1,002,702.84. Following the sale, the director 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Donald R. Dixon sold 85,000 shares of the business’s stock in a transaction dated 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 sale, the director directly owned 359,380 shares of the company’s stock, valued at $6,170,554.60. The trade was a 19.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 310,144 shares of company stock valued at $5,049,997 in the last three months. Corporate insiders own 5.10% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. KBC Group NV purchased a new stake in shares of Amprius Technologies in the first quarter valued at about $57,000. Quarry LP purchased a new position in shares of Amprius Technologies during the third quarter worth about $42,000. Parallel Advisors LLC acquired a new position in Amprius Technologies in the 3rd quarter valued at about $54,000. Leonteq Securities AG purchased a new stake in Amprius Technologies during the 4th quarter valued at approximately $47,000. Finally, State of Wyoming raised its stake in Amprius Technologies by 155.2% during the 1st 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

(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

Receive News & Ratings for Amprius Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amprius Technologies and related companies with MarketBeat.com's FREE daily email newsletter.