Shares of Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report) fell 6.3% on Tuesday . The stock traded as low as $8.75 and last traded at $9.1010. 6,188,040 shares changed hands during trading, a decline of 27% from the average daily volume of 8,466,479 shares. The stock had previously closed at $9.71.
Wall Street Analysts Forecast Growth
Several equities analysts have commented on AMPX shares. Northland Securities set a $24.00 price target on shares of Amprius Technologies in a research note on Monday, May 11th. Roth Capital reaffirmed a “buy” rating on shares of Amprius Technologies in a research report on Friday, May 8th. JonesTrading assumed coverage on shares of Amprius Technologies in a research note on Friday, July 10th. They set a “buy” rating and a $30.00 price target on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of Amprius Technologies in a research report on Friday, July 17th. Finally, Clear Str started coverage on shares of Amprius Technologies in a research note on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $22.50.
Get Our Latest Stock Analysis on Amprius Technologies
Amprius Technologies Trading Up 11.8%
Amprius Technologies (NYSE:AMPX – Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $28.54 million during the quarter, compared to analysts’ expectations of $25.72 million. Amprius Technologies had a negative net margin of 43.98% and a negative return on equity of 17.48%. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. Research analysts expect that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.
Insider Buying and Selling at Amprius Technologies
In related news, CTO Constantin Ionel Stefan sold 3,208 shares of the stock in a transaction on Wednesday, May 27th. The shares were 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 $13,774,518.90. This represents a 0.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kang Sun sold 67,796 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $14.79, for a total transaction of $1,002,702.84. Following the sale, the director owned 1,280,854 shares of the company’s stock, valued at approximately $18,943,830.66. This represents a 5.03% decrease in their position. 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. Insiders have sold 310,144 shares of company stock worth $5,049,997 in the last 90 days. Company insiders own 5.10% of the company’s stock.
Hedge Funds Weigh In On Amprius Technologies
A number of hedge funds and other institutional investors have recently made changes to their positions in AMPX. Vanguard Group Inc. increased its position in Amprius Technologies by 9.5% in the 4th quarter. Vanguard Group Inc. now owns 7,128,657 shares of the company’s stock valued at $56,245,000 after acquiring an additional 616,037 shares during the period. Geode Capital Management LLC raised its stake in Amprius Technologies by 10.5% during the 4th quarter. Geode Capital Management LLC now owns 2,678,417 shares of the company’s stock valued at $21,137,000 after acquiring an additional 253,529 shares during the last quarter. State Street Corp lifted its position in Amprius Technologies by 16.6% during the 4th quarter. State Street Corp now owns 2,553,710 shares of the company’s stock worth $20,149,000 after acquiring an additional 363,928 shares during the period. Invesco Ltd. lifted its position in Amprius Technologies by 113.3% during the 3rd 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 period. Finally, Goldman Sachs Group Inc. grew its stake in shares of Amprius Technologies by 23.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,194,841 shares of the company’s stock valued at $17,317,000 after purchasing an additional 410,724 shares during the last quarter. Hedge funds and other institutional investors own 5.04% of the company’s stock.
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.
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