Amprius Technologies, Inc. (NYSE:AMPX – Free Report) – Stock analysts at HC Wainwright cut their FY2027 EPS estimates for shares of Amprius Technologies in a research note issued to investors on Thursday, August 6th. HC Wainwright analyst A. Dayal now forecasts that the company will post earnings per share of ($0.03) for the year, down from their prior forecast of $0.01. The consensus estimate for Amprius Technologies’ current full-year earnings is ($0.08) per share. HC Wainwright also issued estimates for Amprius Technologies’ FY2029 earnings at $0.38 EPS and FY2030 earnings at $0.57 EPS.
Other equities research analysts have also issued reports about the stock. Roth Capital reaffirmed a “buy” rating on shares of Amprius Technologies in a report on Friday, May 8th. Zacks Research upgraded Amprius Technologies from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 4th. Wall Street Zen lowered shares of Amprius Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Northland Securities set a $24.00 price objective on Amprius Technologies in a report on Monday, May 11th. Finally, Clear Str assumed coverage on shares of Amprius Technologies in a research note on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $23.00.
Amprius Technologies Price Performance
NYSE:AMPX opened at $11.81 on Monday. The business has a fifty day moving average price of $13.28 and a 200-day moving average price of $14.94. The firm has a market capitalization of $1.67 billion, a price-to-earnings ratio of -40.72 and a beta of 2.34. Amprius Technologies has a one year low of $6.36 and a one year high of $24.23.
Insiders Place Their Bets
In other Amprius Technologies news, Director Donald R. Dixon sold 85,000 shares of the firm’s stock in a transaction that occurred on 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 transaction, the director directly owned 359,380 shares of the company’s stock, valued at $6,170,554.60. This trade represents a 19.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Thomas M. Stepien sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $20.97, for a total transaction of $41,940.00. Following the sale, the chief executive officer owned 625,625 shares of the company’s stock, valued at $13,119,356.25. This represents a 0.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 310,144 shares of company stock valued at $5,049,997 in the last three months. 5.10% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Amprius Technologies
Institutional investors have recently bought and sold shares of the company. Bank of America Corp DE increased its holdings 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 valued at $36,000 after acquiring an additional 3,055 shares during the last quarter. Quarry LP acquired a new position in shares of Amprius Technologies in the third quarter valued at approximately $42,000. Rhumbline Advisers increased its stake in Amprius Technologies by 61.1% in the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after buying an additional 5,951 shares during the period. Legal & General Group Plc increased its stake in shares of Amprius Technologies by 1,385.4% during the second quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock worth $44,000 after acquiring an additional 9,684 shares during the period. Finally, XTX Topco Ltd purchased a new position in shares of Amprius Technologies during the 2nd quarter worth approximately $44,000. 5.04% of the stock is owned by institutional investors and hedge funds.
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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