Insider Selling: Amprius Technologies (NYSE:AMPX) CEO Sells 60,702 Shares of Stock

Amprius Technologies, Inc. (NYSE:AMPXGet Free Report) CEO Thomas Stepien sold 60,702 shares of the business’s stock in a transaction 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 transaction, 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Amprius Technologies Stock Up 11.2%

AMPX stock traded up $1.80 during trading on Tuesday, reaching $17.83. 11,030,675 shares of the company’s stock were exchanged, compared to its average volume of 8,871,699. Amprius Technologies, Inc. has a 1-year low of $2.55 and a 1-year high of $22.80. The company’s fifty day moving average price is $18.06 and its 200-day moving average price is $13.62. The firm has a market cap of $2.53 billion, a PE ratio of -59.43 and a beta of 2.20.

Amprius Technologies (NYSE:AMPXGet Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). Amprius Technologies had a negative return on equity of 17.48% and a negative net margin of 43.98%.The business had revenue of $28.54 million for the quarter, compared to analyst estimates of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, sell-side analysts expect that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have issued reports on AMPX shares. Cantor Fitzgerald boosted their price target on Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. Wall Street Zen downgraded Amprius Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. B. Riley Financial boosted their price objective on Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday, March 9th. Needham & Company LLC reissued a “buy” rating and issued a $20.00 price objective on shares of Amprius Technologies in a research note on Tuesday, March 10th. Finally, Craig Hallum boosted their price objective on Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $20.25.

Read Our Latest Research Report on AMPX

Institutional Trading of Amprius Technologies

Hedge funds and other institutional investors have recently modified their holdings of the company. Bank of America Corp DE raised its stake in shares of Amprius Technologies by 31.1% in the 4th quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after buying an additional 3,055 shares in the last quarter. Quarry LP bought a new stake in shares of Amprius Technologies in the 3rd quarter worth $42,000. Rhumbline Advisers raised its stake in shares of Amprius Technologies by 61.1% in the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock worth $42,000 after buying an additional 5,951 shares in the last quarter. Legal & General Group Plc raised its stake in shares of Amprius Technologies by 1,385.4% in the 2nd quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock worth $44,000 after buying an additional 9,684 shares in the last quarter. Finally, XTX Topco Ltd bought a new stake in shares of Amprius Technologies in the 2nd quarter worth $44,000. Institutional investors own 5.04% of the company’s stock.

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.

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Insider Buying and Selling by Quarter for Amprius Technologies (NYSE:AMPX)

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