Amprius Technologies (NYSE:AMPX) Shares Down 2.8% on Insider Selling

Amprius Technologies, Inc. (NYSE:AMPX) dropped 2.8% during trading on Friday following insider selling activity. The company traded as low as $19.16 and last traded at $20.2690. Approximately 7,964,826 shares traded hands during trading, a decline of 12% from the average daily volume of 9,050,901 shares. The stock had previously closed at $20.85.

Specifically, Director Donald R. Dixon sold 17,895 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $17.90, for a total transaction of $320,320.50. Following the completion of the transaction, the director owned 484,380 shares in the company, valued at approximately $8,670,402. The trade was a 3.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Constantin Ionel Stefan sold 3,208 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $17.19, for a total transaction of $55,145.52. Following the completion of the sale, the chief technology officer owned 801,310 shares in the company, valued at approximately $13,774,518.90. This trade represents a 0.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In related news, CEO Thomas M. Stepien sold 4,375 shares of the company’s stock in a transaction 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 sale, the chief executive officer owned 694,923 shares in the company, valued at $11,945,726.37. This represents a 0.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Wall Street Analysts Forecast Growth

AMPX has been the subject of a number of research analyst reports. Craig Hallum boosted their target price on Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a research note on Friday, March 6th. B. Riley Financial lifted their price objective on Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a report on Monday, March 9th. Wall Street Zen lowered Amprius Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. William Blair reissued an “outperform” rating on shares of Amprius Technologies in a research note on Friday, March 6th. Finally, Cantor Fitzgerald raised their target price on shares of Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. Eight equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $20.25.

More Amprius Technologies News

Here are the key news stories impacting Amprius Technologies this week:

• Positive Sentiment: Amprius was highlighted as a potential beneficiary of a rapidly expanding silicon-anode battery market, with research pointing to major long-term industry growth and a possible tailwind for AMPX. Silicon Anode Battery Market Size to Surpass USD 31.27 Billion by 2035 | Research by SNS Insider
• Positive Sentiment: Unusually heavy call option buying suggests traders are positioning for more upside, which can reinforce momentum in the shares. Stock Traders Buy Large Volume of Amprius Technologies Call Options (NYSE:AMPX)
• Positive Sentiment: Market commentary also noted improving sentiment around AMPX, including institutional buying, easing short interest, and expectations for capacity ramp and stronger revenue growth. Amprius Technologies Stock Page
• Neutral Sentiment: Several insiders, including the CTO, CEO, and a director, sold stock this week, but the filings say the sales were mainly tied to tax withholding related to vested equity awards rather than a major change in outlook.
• Negative Sentiment: A securities fraud investigation announced by Block & Leviton adds legal overhang and could weigh on investor sentiment if it escalates. AMPX: Securities Fraud Investigation by Block & Leviton Could Allow Amprius Technologies Investors to Recover Losses

Amprius Technologies Trading Down 2.8%

The stock has a market cap of $2.87 billion, a price-to-earnings ratio of -67.56 and a beta of 2.20. The company has a 50 day simple moving average of $18.07 and a 200-day simple moving average of $13.73.

Amprius Technologies (NYSE:AMPX) last posted its quarterly earnings data on Wednesday, May 6th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The firm had revenue of $28.54 million for 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 forecast that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Amprius Technologies

Several hedge funds have recently made changes to their positions in AMPX. Bank of America Corp DE grew its stake in shares of 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 in the last quarter. AQR Capital Management LLC boosted its holdings in Amprius Technologies by 86.7% during the first quarter. AQR Capital Management LLC now owns 77,764 shares of the company’s stock worth $208,000 after purchasing an additional 36,116 shares during the last quarter. Millennium Management LLC grew its position in Amprius Technologies by 94.5% in the first quarter. Millennium Management LLC now owns 1,396,013 shares of the company’s stock valued at $3,741,000 after purchasing an additional 678,442 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Amprius Technologies by 128.6% in the first quarter. Goldman Sachs Group Inc. now owns 244,646 shares of the company’s stock valued at $656,000 after purchasing an additional 137,640 shares in the last quarter. 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 buying an additional 5,951 shares in the last quarter. 5.04% of the stock is owned by institutional investors.

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.