Amprius Technologies (NYSE:AMPX) Trading Up 7% – Still a Buy?

Amprius Technologies, Inc. (NYSE:AMPX)’s share price shot up 7% during mid-day trading on Tuesday . The stock traded as high as $10.91 and last traded at $10.8450. Approximately 5,049,818 shares traded hands during trading, a decline of 41% from the average daily volume of 8,589,200 shares. The stock had previously closed at $10.14.

Wall Street Analyst Weigh In

Several brokerages have weighed in on AMPX. Northland Securities set a $24.00 price objective on Amprius Technologies in a research note on Monday, May 11th. Zacks Research lowered shares of Amprius Technologies from a “hold” rating to a “strong sell” rating in a research note on Monday, July 6th. Clear Str started coverage on shares of Amprius Technologies in a report on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 target price for the company. JonesTrading initiated coverage on shares of Amprius Technologies in a research report on Friday, July 10th. They set a “buy” rating and a $30.00 price target on the stock. Finally, Roth Capital restated a “buy” rating on shares of Amprius Technologies in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $22.50.

Amprius Technologies Stock Up 0.8%

The stock has a 50-day moving average of $15.15 and a 200 day moving average of $14.91. The company has a market capitalization of $1.45 billion, a PE ratio of -34.40 and a beta of 2.25.

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). 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 during the quarter, compared to analysts’ expectations of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. Equities analysts forecast that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.

Insider Activity at Amprius Technologies

In other Amprius Technologies news, CTO Constantin Ionel Stefan sold 28,812 shares of Amprius Technologies stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $14.79, for a total value of $426,129.48. Following the sale, the chief technology officer owned 804,518 shares of the company’s stock, valued at approximately $11,898,821.22. The trade was a 3.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Thomas M. Stepien sold 60,702 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $14.79, for a total transaction of $897,782.58. Following the completion of the transaction, the chief executive officer owned 699,298 shares in the company, valued at approximately $10,342,617.42. The trade was a 7.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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 in the last ninety days. Corporate insiders own 5.10% of the company’s stock.

Hedge Funds Weigh In On Amprius Technologies

Institutional investors have recently bought and sold shares of the company. Bank of America Corp DE raised its stake in Amprius Technologies by 31.1% in the 4th quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock valued at $36,000 after acquiring an additional 3,055 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Amprius Technologies by 86.7% in the first quarter. AQR Capital Management LLC now owns 77,764 shares of the company’s stock worth $208,000 after acquiring an additional 36,116 shares during the period. Millennium Management LLC grew its holdings in Amprius Technologies by 94.5% during the 1st quarter. Millennium Management LLC now owns 1,396,013 shares of the company’s stock valued at $3,741,000 after buying an additional 678,442 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Amprius Technologies by 128.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 244,646 shares of the company’s stock worth $656,000 after acquiring an additional 137,640 shares during the period. Finally, Rhumbline Advisers grew 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 valued at $42,000 after purchasing an additional 5,951 shares in the last quarter. 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.