Amprius Technologies (NYSE:AMPX) Stock Price Down 4.7% on Insider Selling

Amprius Technologies, Inc. (NYSE:AMPX)’s stock price dropped 4.7% on Friday after an insider sold shares in the company. The stock traded as low as $15.85 and last traded at $16.3010. Approximately 6,418,771 shares traded hands during mid-day trading, a decline of 28% from the average daily volume of 8,915,557 shares. The stock had previously closed at $17.10.

Specifically, Director Donald R. Dixon sold 40,000 shares of the stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $19.13, for a total value of $765,200.00. Following the completion of the sale, the director directly owned 444,380 shares in the company, valued at approximately $8,500,989.40. This represents a 8.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Analysts Set New Price Targets

AMPX has been the subject of several recent research reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. Craig Hallum increased their price target on Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a report on Friday, March 6th. Clear Str initiated coverage on Amprius Technologies in a report on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 price target for the company. Roth Mkm reiterated a “buy” rating on shares of Amprius Technologies in a report on Friday, May 8th. Finally, William Blair reaffirmed an “outperform” rating on shares of Amprius Technologies in a report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $21.67.

Amprius Technologies Price Performance

The firm has a market capitalization of $2.31 billion, a PE ratio of -54.33 and a beta of 2.12. The stock has a 50-day moving average price of $18.54 and a 200-day moving average price of $14.32.

Amprius Technologies (NYSE:AMPX) last announced its 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 analysts’ expectations of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, equities research analysts predict that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Institutional Trading of Amprius Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of AMPX. Voloridge Investment Management LLC purchased a new stake in shares of Amprius Technologies during the third quarter worth about $19,737,000. BNP Paribas Financial Markets increased its position in shares of Amprius Technologies by 1,117.9% during the third 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 last quarter. Vanguard Group Inc. increased its position in shares of Amprius Technologies by 37.0% during the third 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 last quarter. Norges Bank purchased a new stake in shares of Amprius Technologies during the fourth quarter worth about $10,295,000. Finally, Invesco Ltd. increased its position in shares of Amprius Technologies by 113.3% during the third 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 last quarter. 5.04% of the stock is owned by hedge funds and other 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.