Amprius Technologies (NYSE:AMPX) Shares Down 7.5% – Time to Sell?

Amprius Technologies, Inc. (NYSE:AMPX) fell 7.5% during trading on Tuesday . The stock traded as low as $16.33 and last traded at $17.41. 8,565,000 shares traded hands during mid-day trading, a decline of 5% from the average session volume of 9,007,727 shares. The stock had previously closed at $18.83.

Analyst Ratings Changes

Several brokerages recently commented on AMPX. Northland Securities set a $24.00 price objective on shares of Amprius Technologies in a research note on Monday, May 11th. William Blair reiterated an “outperform” rating on shares of Amprius Technologies in a research note 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. 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. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $20.00 price objective on shares of Amprius Technologies in a research note on Tuesday, March 10th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Amprius Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $21.67.

Amprius Technologies Price Performance

The business’s 50-day moving average price is $18.54 and its two-hundred day moving average price is $14.32. The firm has a market cap of $2.42 billion, a price-to-earnings ratio of -56.97 and a beta of 2.12.

Amprius Technologies (NYSE:AMPX) last posted its quarterly earnings data on Wednesday, May 6th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). The firm had revenue of $28.54 million during the quarter, compared to analyst estimates of $25.72 million. Amprius Technologies had a negative net margin of 43.98% and a negative return on equity of 17.48%. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, sell-side analysts forecast that Amprius Technologies, Inc. will post -0.07 earnings per share for the current year.

Insider Activity

In other news, Director Donald R. Dixon sold 40,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $19.13, for a total value of $765,200.00. Following the completion of the transaction, the director owned 444,380 shares of the company’s stock, valued at $8,500,989.40. The trade was a 8.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Thomas M. Stepien sold 60,702 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were 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 of the company’s stock, valued at approximately $10,342,617.42. This represents a 7.99% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 1,943,013 shares of company stock worth $31,551,484. Corporate insiders own 5.10% of the company’s stock.

Hedge Funds Weigh In On Amprius Technologies

A number of institutional investors have recently modified their holdings of the company. Vanguard Group Inc. increased its position in Amprius Technologies by 9.5% during the fourth quarter. Vanguard Group Inc. now owns 7,128,657 shares of the company’s stock worth $56,245,000 after purchasing an additional 616,037 shares during the last quarter. Geode Capital Management LLC increased its position in Amprius Technologies by 10.5% during the fourth quarter. Geode Capital Management LLC now owns 2,678,417 shares of the company’s stock worth $21,137,000 after purchasing an additional 253,529 shares during the last quarter. State Street Corp increased its position in Amprius Technologies by 16.6% during the fourth quarter. State Street Corp now owns 2,553,710 shares of the company’s stock worth $20,149,000 after purchasing an additional 363,928 shares during the last quarter. Invesco Ltd. increased its position in Amprius Technologies by 113.3% during the third quarter. Invesco Ltd. now owns 2,379,384 shares of the company’s stock worth $25,031,000 after purchasing an additional 1,263,846 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in 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 purchasing an additional 410,724 shares during the last quarter. 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.