Amprius Technologies (NYSE:AMPX) Trading Up 3.7% – Here’s What Happened

Amprius Technologies, Inc. (NYSE:AMPX) was up 3.7% on Thursday . The stock traded as high as $22.94 and last traded at $22.5410. Approximately 7,367,869 shares were traded during trading, a decline of 19% from the average daily volume of 9,056,684 shares. The stock had previously closed at $21.74.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on AMPX shares. Cantor Fitzgerald upped their price objective on shares of Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Weiss Ratings restated a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. Needham & Company LLC restated a “buy” rating and issued a $20.00 target price on shares of Amprius Technologies in a report on Tuesday, March 10th. Craig Hallum upped their target price on shares of Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Finally, Roth Mkm restated a “buy” rating on shares of Amprius Technologies in a report on Friday, May 8th. Eight analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $20.25.

Amprius Technologies Stock Performance

The company has a market cap of $3.19 billion, a price-to-earnings ratio of -75.13 and a beta of 2.12. The stock’s fifty day moving average is $18.31 and its two-hundred day moving average is $13.98.

Amprius Technologies (NYSE:AMPX) last posted its earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). The business 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. On average, equities research analysts expect that Amprius Technologies, Inc. will post -0.07 EPS for the current year.

Insider Transactions at Amprius Technologies

In other Amprius Technologies news, CEO Thomas M. Stepien sold 4,375 shares of the stock in a transaction dated 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 approximately $11,945,726.37. This trade represents a 0.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Wen Hsuan Hsieh sold 413,146 shares of the stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $18.44, for a total transaction of $7,618,412.24. Following the completion of the sale, the director owned 44,444 shares of the company’s stock, valued at approximately $819,547.36. This trade represents a 90.29% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 2,636,356 shares of company stock worth $44,226,754. Company insiders own 5.10% of the company’s stock.

Institutional Investors Weigh In On Amprius Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. KBC Group NV purchased a new stake in Amprius Technologies in the 1st quarter valued at about $57,000. Quarry LP purchased a new stake in Amprius Technologies in the 3rd quarter valued at about $42,000. Jones Financial Companies Lllp increased its stake in Amprius Technologies by 353.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 4,532 shares of the company’s stock valued at $50,000 after buying an additional 3,532 shares during the last quarter. Parallel Advisors LLC purchased a new stake in Amprius Technologies in the 3rd quarter valued at about $54,000. Finally, Leonteq Securities AG purchased a new stake in Amprius Technologies in the 4th quarter valued at about $47,000. Hedge funds and other institutional investors own 5.04% of the company’s stock.

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.