Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report) saw a significant growth in short interest in April. As of April 15th, there was short interest totaling 21,551,498 shares, a growth of 20.3% from the March 31st total of 17,909,138 shares. Currently, 18.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 7,288,161 shares, the short-interest ratio is currently 3.0 days.
Analysts Set New Price Targets
Several research analysts have issued reports on AMPX shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. B. Riley Financial upped their price target on Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a report on Monday, March 9th. Craig Hallum upped their price target on Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a report on Friday, March 6th. Cantor Fitzgerald upped their price target on Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Finally, 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. Eight investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Amprius Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $19.75.
Read Our Latest Stock Analysis on AMPX
Amprius Technologies Stock Down 1.1%
Amprius Technologies (NYSE:AMPX – Get Free Report) last released its earnings results on Wednesday, March 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.03. The company had revenue of $25.23 million during the quarter, compared to analyst estimates of $22.91 million. Amprius Technologies had a negative return on equity of 24.29% and a negative net margin of 60.30%.Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, analysts expect that Amprius Technologies will post -0.03 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Amprius Technologies news, Director Kang Sun sold 1,500,000 shares of the company’s stock in a transaction on Wednesday, April 1st. The stock was 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. This represents a 52.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Steven Chu sold 166,632 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $17.92, for a total value of $2,986,045.44. Following the completion of the transaction, the director directly owned 127,339 shares in the company, valued at $2,281,914.88. This represents a 56.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,539,829 shares of company stock worth $42,323,376 over the last three months. Corporate insiders own 12.90% of the company’s stock.
Institutional Trading of Amprius Technologies
Hedge funds have recently modified their holdings of the business. Bank of America Corp DE lifted its holdings in shares of Amprius Technologies by 31.1% in the fourth quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock valued at $36,000 after purchasing an additional 3,055 shares in the last quarter. Quarry LP purchased a new stake in shares of Amprius Technologies in the third quarter valued at $42,000. Rhumbline Advisers lifted its holdings in shares of Amprius Technologies by 61.1% in the first quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after purchasing an additional 5,951 shares in the last quarter. Legal & General Group Plc increased its stake in shares of 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 acquiring an additional 9,684 shares during the last quarter. Finally, XTX Topco Ltd acquired a new position in shares of Amprius Technologies in the second quarter worth $44,000. 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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