Amprius Technologies (NYSE:AMPX) Reaches New 52-Week High – Still a Buy?

Amprius Technologies, Inc. (NYSE:AMPX) shares reached a new 52-week high during trading on Monday . The stock traded as high as $20.19 and last traded at $19.6640, with a volume of 6503381 shares. The stock had previously closed at $18.67.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on AMPX shares. Oppenheimer reiterated an “outperform” rating and issued a $17.00 price target on shares of Amprius Technologies in a report on Tuesday, December 23rd. William Blair reiterated an “outperform” rating on shares of Amprius Technologies in a report on Friday, March 6th. Cantor Fitzgerald lifted their price target on Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Needham & Company LLC reiterated a “buy” rating and issued a $20.00 price target on shares of Amprius Technologies in a report on Tuesday, March 10th. Finally, B. Riley Financial lifted their price target on Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a report on Monday, March 9th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $19.75.

Amprius Technologies Trading Up 5.6%

The stock has a market cap of $2.70 billion, a price-to-earnings ratio of -58.00 and a beta of 2.20. The stock has a 50-day moving average price of $15.09 and a two-hundred day moving average price of $12.58.

Amprius Technologies (NYSE:AMPX) last posted its quarterly earnings data on Wednesday, March 4th. The company reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.03. The firm had revenue of $25.23 million during the quarter, compared to analysts’ expectations of $22.91 million. Amprius Technologies had a negative return on equity of 24.29% and a negative net margin of 60.30%.Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. Research analysts predict that Amprius Technologies, Inc. will post -0.45 earnings per share for the current fiscal year.

Insider Transactions at Amprius Technologies

In other Amprius Technologies news, Director Steven Chu sold 155,565 shares of Amprius Technologies stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $18.50, for a total transaction of $2,877,952.50. Following the completion of the sale, the director owned 127,339 shares of the company’s stock, valued at approximately $2,355,771.50. The trade was a 54.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CTO Constantin Ionel Stefan sold 25,366 shares of Amprius Technologies stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $10.16, for a total value of $257,718.56. Following the sale, the chief technology officer directly owned 723,330 shares of the company’s stock, valued at approximately $7,349,032.80. This represents a 3.39% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 3,190,411 shares of company stock worth $50,108,184. 12.80% of the stock is owned by insiders.

Institutional Trading of Amprius Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AMPX. Bank of America Corp DE lifted its position in Amprius Technologies by 31.1% during the 4th quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after acquiring an additional 3,055 shares during the period. AQR Capital Management LLC lifted its position in Amprius Technologies by 86.7% during the 1st quarter. AQR Capital Management LLC now owns 77,764 shares of the company’s stock worth $208,000 after acquiring an additional 36,116 shares during the period. Millennium Management LLC lifted its position in Amprius Technologies by 94.5% during the 1st quarter. Millennium Management LLC now owns 1,396,013 shares of the company’s stock worth $3,741,000 after acquiring an additional 678,442 shares during the period. Goldman Sachs Group Inc. lifted its position in Amprius Technologies by 128.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 244,646 shares of the company’s stock worth $656,000 after acquiring an additional 137,640 shares during the period. Finally, Rhumbline Advisers lifted its position in Amprius Technologies by 61.1% during the 1st 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 period. Institutional investors and hedge funds own 5.04% of the company’s stock.

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.