Amprius Technologies (NYSE:AMPX) Stock Price Down 10.2% Following Analyst Downgrade

Amprius Technologies, Inc. (NYSE:AMPX)’s stock price was down 10.2% during trading on Tuesday after Zacks Research downgraded the stock from a hold rating to a strong sell rating. The company traded as low as $11.70 and last traded at $11.7570. 11,257,509 shares traded hands during mid-day trading, an increase of 28% from the average daily volume of 8,788,905 shares. The stock had previously closed at $13.09.

AMPX has been the subject of several other reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. B. Riley Financial boosted their price objective on Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, March 9th. Roth Capital restated a “buy” rating on shares of Amprius Technologies in a research note on Friday, May 8th. Northland Securities set a $24.00 target price on Amprius Technologies in a research report on Monday, May 11th. Finally, Wall Street Zen cut Amprius Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Amprius Technologies has an average rating of “Moderate Buy” and an average price target of $21.67.

Insider Activity

In related news, Director Donald R. Dixon sold 85,000 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $17.17, for a total value of $1,459,450.00. Following the completion of the transaction, the director directly owned 359,380 shares of the company’s stock, valued at $6,170,554.60. This represents a 19.13% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CTO Constantin Ionel Stefan sold 3,208 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 $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 represents a 0.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 310,144 shares of company stock worth $5,049,997 over the last ninety days. 5.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Bank of America Corp DE lifted its holdings in Amprius Technologies by 31.1% in the fourth quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after purchasing an additional 3,055 shares during the period. Quarry LP acquired a new position in Amprius Technologies during the 3rd quarter valued at about $42,000. Rhumbline Advisers raised its position in shares of 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. Legal & General Group Plc raised its position in shares of Amprius Technologies by 1,385.4% during the 2nd quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock worth $44,000 after buying an additional 9,684 shares in the last quarter. Finally, XTX Topco Ltd acquired a new stake in shares of Amprius Technologies in the 2nd quarter worth approximately $44,000. 5.04% of the stock is owned by institutional investors and hedge funds.

Amprius Technologies Price Performance

The firm’s fifty day moving average price is $16.82 and its 200-day moving average price is $14.74. The firm has a market capitalization of $1.68 billion, a P/E ratio of -39.42 and a beta of 2.25.

Amprius Technologies (NYSE:AMPX) last announced 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 for the quarter, compared to the consensus estimate 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. Analysts expect that Amprius Technologies, Inc. will post -0.07 earnings per share for the current year.

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.