Amprius Technologies (NYSE:AMPX) Stock Price Down 4.4% After Insider Selling

Shares of Amprius Technologies, Inc. (NYSE:AMPX) dropped 4.4% on Monday following insider selling activity. The stock traded as low as $18.50 and last traded at $18.8160. Approximately 4,741,337 shares were traded during mid-day trading, a decline of 47% from the average daily volume of 9,009,937 shares. The stock had previously closed at $19.69.

Specifically, CEO Thomas M. Stepien sold 2,000 shares of the stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $20.97, for a total value of $41,940.00. Following the completion of the transaction, the chief executive officer owned 625,625 shares in the company, valued at approximately $13,119,356.25. This represents a 0.32% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Wall Street Analyst Weigh In

AMPX has been the subject of a number of recent research reports. Clear Str initiated 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. Weiss Ratings restated a “sell (e+)” rating on shares of Amprius Technologies in a research note on Monday, April 20th. William Blair restated an “outperform” rating on shares of Amprius Technologies in a research note on Friday, March 6th. Cantor Fitzgerald increased their price objective on shares of Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Finally, B. Riley Financial increased their target price on shares of Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, March 9th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, Amprius Technologies has an average rating of “Moderate Buy” and an average target price of $21.67.

Amprius Technologies Stock Performance

The firm has a market cap of $2.66 billion, a price-to-earnings ratio of -62.72 and a beta of 2.12. The business’s 50-day moving average is $18.44 and its 200-day moving average is $14.13.

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). The firm had revenue of $28.54 million for 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. Equities research analysts expect that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.

Institutional Investors Weigh In On Amprius Technologies

Hedge funds have recently made changes to their positions in the company. Oppenheimer & Co. Inc. increased its position in Amprius Technologies by 47.7% in the 4th quarter. Oppenheimer & Co. Inc. now owns 442,090 shares of the company’s stock valued at $3,488,000 after acquiring an additional 142,751 shares in the last quarter. Vanguard Group Inc. increased its position in Amprius Technologies by 37.0% in the 3rd quarter. Vanguard Group Inc. now owns 6,512,620 shares of the company’s stock valued at $68,513,000 after acquiring an additional 1,757,395 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Amprius Technologies in the 4th quarter valued at about $2,014,000. Stephens Investment Management Group LLC increased its position in Amprius Technologies by 33.1% in the 4th quarter. Stephens Investment Management Group LLC now owns 1,441,698 shares of the company’s stock valued at $11,375,000 after acquiring an additional 358,791 shares in the last quarter. Finally, Tudor Investment Corp ET AL acquired a new stake in Amprius Technologies in the 3rd quarter valued at about $7,530,000. Institutional investors and hedge funds 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.