Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report)’s stock price fell 7.9% on Wednesday . The stock traded as low as $15.35 and last traded at $15.5250. 9,048,601 shares traded hands during trading, an increase of 1% from the average session volume of 8,984,329 shares. The stock had previously closed at $16.86.
Analyst Upgrades and Downgrades
AMPX has been the topic of a number of research reports. Oppenheimer reiterated an “outperform” rating and issued a $17.00 target price on shares of Amprius Technologies in a report on Tuesday, December 23rd. William Blair restated an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. Roth Mkm reaffirmed a “buy” rating and issued a $20.00 price target (up from $16.00) on shares of Amprius Technologies in a report on Friday, March 6th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a research report on Wednesday, January 21st. Finally, Craig Hallum raised their price objective on Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Eight analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $19.75.
Read Our Latest Analysis on Amprius Technologies
Amprius Technologies Stock Performance
Amprius Technologies (NYSE:AMPX – Get Free Report) last issued its earnings results on Wednesday, March 4th. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.04) by $0.03. Amprius Technologies had a negative return on equity of 24.29% and a negative net margin of 60.30%.The business had revenue of $25.23 million during the quarter, compared to analysts’ expectations of $22.91 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, equities analysts anticipate that Amprius Technologies, Inc. will post -0.45 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, CTO Constantin Ionel Stefan sold 25,366 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $10.16, for a total transaction of $257,718.56. Following the completion of the sale, the chief technology officer directly owned 723,330 shares in the company, valued at approximately $7,349,032.80. This trade represents a 3.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Kang Sun sold 1,500,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $15.91, for a total transaction of $23,865,000.00. Following the transaction, the director directly owned 1,342,400 shares in the company, valued at $21,357,584. The trade was a 52.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 4,647,226 shares of company stock valued at $65,744,047. 12.90% of the stock is owned by insiders.
Institutional Investors Weigh In On Amprius Technologies
A number of institutional investors have recently modified their holdings of AMPX. Stephens Investment Management Group LLC purchased a new stake in shares of Amprius Technologies during the third quarter worth $11,392,000. Vanguard Group Inc. grew its stake in Amprius Technologies by 37.0% in the third quarter. Vanguard Group Inc. now owns 6,512,620 shares of the company’s stock valued at $68,513,000 after purchasing an additional 1,757,395 shares in the last quarter. Baird Financial Group Inc. grew its stake in Amprius Technologies by 99.9% in the second quarter. Baird Financial Group Inc. now owns 1,000,711 shares of the company’s stock valued at $4,213,000 after purchasing an additional 500,212 shares in the last quarter. Calamos Advisors LLC acquired a new position in Amprius Technologies in the 3rd quarter worth about $1,799,000. Finally, Jupiter Asset Management Ltd. acquired a new position in Amprius Technologies in the 3rd quarter worth about $2,098,000. 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.
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