Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report)’s share price traded down 2.5% during trading on Tuesday . The stock traded as low as $14.79 and last traded at $15.48. 6,427,765 shares changed hands during mid-day trading, a decline of 27% from the average session volume of 8,838,300 shares. The stock had previously closed at $15.87.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on the company. William Blair reaffirmed an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. Roth Mkm reissued a “buy” rating on shares of Amprius Technologies in a research report on Friday, May 8th. Cantor Fitzgerald increased 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. Wall Street Zen downgraded Amprius Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, B. Riley Financial raised their target price on Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a report on Monday, March 9th. Eight analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Amprius Technologies has a consensus rating of “Moderate Buy” and an average price target of $20.25.
Get Our Latest Analysis on AMPX
Amprius Technologies Trading Down 2.5%
Amprius Technologies (NYSE:AMPX – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The company had revenue of $28.54 million for the quarter, compared to the consensus estimate 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. On average, research analysts predict that Amprius Technologies, Inc. will post -0.07 EPS for the current year.
Insider Buying and Selling
In other news, Director Kang Sun sold 1,500,000 shares of Amprius Technologies stock in a transaction dated 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 completion of the transaction, the director directly owned 1,342,400 shares of the company’s stock, valued at approximately $21,357,584. This trade represents a 52.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Wen Hsuan Hsieh sold 413,146 shares of Amprius Technologies stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $18.44, for a total value of $7,618,412.24. Following the completion of the transaction, the director directly owned 44,444 shares of the company’s stock, valued at approximately $819,547.36. This trade represents a 90.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 2,539,829 shares of company stock valued at $42,323,376 in the last quarter. 5.10% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the business. Janus Henderson Group PLC raised its position in shares of Amprius Technologies by 35.2% in the 1st quarter. Janus Henderson Group PLC now owns 52,803 shares of the company’s stock worth $889,000 after acquiring an additional 13,750 shares in the last quarter. Amundi grew its stake in shares of Amprius Technologies by 17.3% in the 1st quarter. Amundi now owns 164,589 shares of the company’s stock valued at $2,775,000 after buying an additional 24,283 shares during the period. California State Teachers Retirement System grew its stake in shares of Amprius Technologies by 48.2% in the 1st quarter. California State Teachers Retirement System now owns 159,903 shares of the company’s stock valued at $2,696,000 after buying an additional 51,973 shares during the period. Royal Bank of Canada grew its stake in shares of Amprius Technologies by 10.9% in the 1st quarter. Royal Bank of Canada now owns 101,914 shares of the company’s stock valued at $1,718,000 after buying an additional 9,998 shares during the period. Finally, The Manufacturers Life Insurance Company grew its stake in shares of Amprius Technologies by 76.7% in the 1st quarter. The Manufacturers Life Insurance Company now owns 58,790 shares of the company’s stock valued at $991,000 after buying an additional 25,510 shares during the period. 5.04% of the stock is owned by institutional investors.
Amprius Technologies Company Profile
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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