Thomas Stepien Sells 60,702 Shares of Amprius Technologies (NYSE:AMPX) Stock

Amprius Technologies, Inc. (NYSE:AMPX) CEO Thomas Stepien sold 60,702 shares of Amprius Technologies stock in a transaction that occurred 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 completion of the transaction, the chief executive officer owned 699,298 shares of the company’s stock, valued at approximately $10,342,617.42. The trade was a 7.99% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Amprius Technologies Stock Up 11.2%

Shares of AMPX traded up $1.80 during mid-day trading on Tuesday, hitting $17.83. The stock had a trading volume of 11,030,675 shares, compared to its average volume of 8,871,699. The company has a market cap of $2.53 billion, a PE ratio of -59.43 and a beta of 2.20. The company’s fifty day simple moving average is $18.06 and its two-hundred day simple moving average is $13.62. Amprius Technologies, Inc. has a fifty-two week low of $2.55 and a fifty-two week high of $22.80.

Amprius Technologies (NYSE:AMPX) last issued its earnings results on Wednesday, May 6th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The firm had revenue of $28.54 million during the quarter, compared to analyst estimates 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. Equities analysts expect that Amprius Technologies, Inc. will post -0.07 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AMPX. Voloridge Investment Management LLC acquired a new position in Amprius Technologies during the 3rd quarter valued at approximately $19,737,000. BNP Paribas Financial Markets boosted its position in Amprius Technologies by 1,117.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,943,905 shares of the company’s stock worth $20,450,000 after acquiring an additional 1,784,291 shares during the period. Vanguard Group Inc. boosted its position in Amprius Technologies by 37.0% during the 3rd quarter. Vanguard Group Inc. now owns 6,512,620 shares of the company’s stock worth $68,513,000 after acquiring an additional 1,757,395 shares during the period. Norges Bank acquired a new position in Amprius Technologies during the 4th quarter worth $10,295,000. Finally, Invesco Ltd. boosted its position in Amprius Technologies by 113.3% during the 3rd quarter. Invesco Ltd. now owns 2,379,384 shares of the company’s stock worth $25,031,000 after acquiring an additional 1,263,846 shares during the period. Institutional investors and hedge funds own 5.04% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on AMPX. Weiss Ratings restated a “sell (e+)” rating on shares of Amprius Technologies in a research report on Monday, April 20th. Needham & Company LLC restated a “buy” rating and set a $20.00 price objective on shares of Amprius Technologies in a research report on Tuesday, March 10th. Cantor Fitzgerald boosted their price objective on Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. William Blair restated an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. Finally, Northland Securities set a $24.00 price objective on Amprius Technologies in a research report on Monday, May 11th. Eight analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $20.25.

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.