Amprius Technologies (NYSE:AMPX) CEO Thomas Stepien Sells 4,375 Shares of Stock

Amprius Technologies, Inc. (NYSE:AMPXGet Free Report) CEO Thomas Stepien sold 4,375 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $17.19, for a total value of $75,206.25. Following the completion of the transaction, the chief executive officer owned 694,923 shares of the company’s stock, valued at approximately $11,945,726.37. This represents a 0.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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 24.2%

AMPX stock opened at $21.31 on Friday. The business has a 50 day moving average price of $18.07 and a two-hundred day moving average price of $13.73. The company has a market cap of $3.02 billion, a price-to-earnings ratio of -71.03 and a beta of 2.20. Amprius Technologies, Inc. has a twelve month low of $2.55 and a twelve month high of $22.80.

Amprius Technologies (NYSE:AMPXGet Free Report) last posted its quarterly 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). 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 the consensus estimate of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, equities research analysts anticipate that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.

Institutional Investors Weigh In On Amprius Technologies

A number of institutional investors have recently made changes to their positions in AMPX. Bank of America Corp DE boosted its holdings in shares of Amprius Technologies by 31.1% during the fourth 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. Quarry LP bought a new stake in shares of Amprius Technologies during the third quarter worth approximately $42,000. Rhumbline Advisers boosted its holdings in shares of Amprius Technologies by 61.1% during the first 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. Legal & General Group Plc boosted its holdings 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 bought a new stake in shares of Amprius Technologies during the second quarter worth approximately $44,000. Institutional investors own 5.04% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on AMPX shares. Wall Street Zen cut Amprius Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Needham & Company LLC reiterated a “buy” rating and set a $20.00 price target on shares of Amprius Technologies in a report on Tuesday, March 10th. Craig Hallum lifted their price target on Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. Finally, Cantor Fitzgerald lifted their price target on Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. Eight research 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 company has an average rating of “Moderate Buy” and an average price target of $20.25.

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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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