Amprius Technologies (NYSE:AMPX) Trading 3.2% Higher – Still a Buy?

Amprius Technologies, Inc. (NYSE:AMPX)’s stock price was up 3.2% on Monday . The stock traded as high as $17.26 and last traded at $16.8280. Approximately 4,999,281 shares changed hands during trading, a decline of 44% from the average daily volume of 8,885,823 shares. The stock had previously closed at $16.31.

Analysts Set New Price Targets

Several equities analysts have weighed in on AMPX shares. Wall Street Zen downgraded shares of Amprius Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. B. Riley Financial lifted their price target on shares of Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a report on Monday, March 9th. Clear Str started coverage on shares of Amprius Technologies in a report on Tuesday, June 2nd. They set a “strong-buy” rating and a $33.00 price target on the stock. Finally, Cantor Fitzgerald lifted their price target 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. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $21.67.

Amprius Technologies Stock Down 2.9%

The firm’s fifty day moving average price is $18.51 and its 200 day moving average price is $14.47. The stock has a market cap of $2.13 billion, a PE ratio of -50.14 and a beta of 2.12.

Amprius Technologies (NYSE:AMPX) last released 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). Amprius Technologies had a negative return on equity of 17.48% and a negative net margin of 43.98%.The company 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. As a group, analysts anticipate that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Insider Activity at Amprius Technologies

In other news, Director Kang Sun sold 1,500,000 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $15.91, for a total value of $23,865,000.00. Following the transaction, the director owned 1,342,400 shares of the company’s stock, valued at approximately $21,357,584. The trade was a 52.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Thomas M. Stepien sold 60,702 shares of the business’s stock in a transaction on Thursday, May 21st. The stock was 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 directly owned 699,298 shares in the company, valued at $10,342,617.42. This trade represents a 7.99% decrease in their position. 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 sold a total of 2,028,013 shares of company stock worth $33,010,934 over the last ninety days. 5.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Amprius Technologies

Several large investors have recently bought and sold shares of AMPX. Bank of America Corp DE increased its position 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 last quarter. Quarry LP bought a new stake in Amprius Technologies in the third quarter worth $42,000. Rhumbline Advisers increased its position in Amprius Technologies by 61.1% in the first quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock worth $42,000 after purchasing an additional 5,951 shares during the last quarter. Legal & General Group Plc increased its position in Amprius Technologies by 1,385.4% in the second quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock worth $44,000 after purchasing an additional 9,684 shares during the last quarter. Finally, XTX Topco Ltd bought a new stake in Amprius Technologies in the second quarter worth $44,000. 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.