Amprius Technologies (NYSE:AMPX) Stock Price Down 8.6% – Should You Sell?

Amprius Technologies, Inc. (NYSE:AMPX)’s stock price traded down 8.6% during trading on Thursday . The company traded as low as $12.26 and last traded at $12.42. Approximately 8,270,961 shares traded hands during mid-day trading, a decline of 6% from the average daily volume of 8,812,559 shares. The stock had previously closed at $13.59.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Needham & Company LLC restated a “buy” rating and set a $20.00 target price on shares of Amprius Technologies in a research report on Tuesday, March 10th. Cantor Fitzgerald lifted their price target on Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. Northland Securities set a $24.00 price objective on Amprius Technologies in a research note on Monday, May 11th. Clear Str began coverage on Amprius Technologies in a research note on Tuesday, June 2nd. They set a “strong-buy” rating and a $33.00 price objective on the stock. Finally, Craig Hallum upped their price objective on Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a research report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $21.67.

Amprius Technologies Stock Up 0.3%

The company’s 50 day moving average price is $17.36 and its two-hundred day moving average price is $14.65. The firm has a market cap of $1.76 billion, a PE ratio of -41.40 and a beta of 2.25.

Amprius Technologies (NYSE:AMPX) last issued its quarterly 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 net margin of 43.98% and a negative return on equity of 17.48%. The firm had revenue of $28.54 million for the quarter, compared to the consensus estimate of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, analysts expect that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CTO Constantin Ionel Stefan sold 28,812 shares of the stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $14.79, for a total value of $426,129.48. Following the sale, the chief technology officer directly owned 804,518 shares in the company, valued at approximately $11,898,821.22. This represents a 3.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 on Thursday, May 21st. The shares were sold at an average price of $14.79, for a total value of $897,782.58. Following the transaction, the chief executive officer owned 699,298 shares of the company’s stock, valued at approximately $10,342,617.42. The trade was 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. In the last ninety days, insiders sold 310,144 shares of company stock worth $5,049,997. Corporate insiders own 5.10% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in Amprius Technologies by 9.5% in the 4th quarter. Vanguard Group Inc. now owns 7,128,657 shares of the company’s stock worth $56,245,000 after buying an additional 616,037 shares during the period. Geode Capital Management LLC grew its stake in Amprius Technologies by 10.5% in the 4th quarter. Geode Capital Management LLC now owns 2,678,417 shares of the company’s stock worth $21,137,000 after acquiring an additional 253,529 shares in the last quarter. State Street Corp grew its stake in Amprius Technologies by 16.6% in 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 in the last quarter. Invesco Ltd. grew its stake in Amprius Technologies by 113.3% in 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 in the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of Amprius Technologies by 23.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,194,841 shares of the company’s stock worth $17,317,000 after acquiring an additional 410,724 shares during the period. 5.04% of the stock is currently owned by institutional investors.

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.