Amprius Technologies (NYSE:AMPX) Trading 7.4% Higher – What’s Next?

Amprius Technologies, Inc. (NYSE:AMPX)’s stock price shot up 7.4% during trading on Thursday . The stock traded as high as $16.19 and last traded at $16.11. 7,734,324 shares changed hands during mid-day trading, a decline of 13% from the average daily volume of 8,851,743 shares. The stock had previously closed at $15.00.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Cantor Fitzgerald increased their price target on shares of 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 report on Saturday, May 9th. Craig Hallum lifted their price target on Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a research note on Friday, March 6th. William Blair reissued an “outperform” rating on shares of Amprius Technologies in a report on Friday, March 6th. Finally, B. Riley Financial upped their price objective on Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $21.67.

Amprius Technologies Stock Performance

The company has a market capitalization of $2.28 billion, a P/E ratio of -53.70 and a beta of 2.12. The firm’s fifty day moving average is $18.51 and its 200-day moving average is $14.47.

Amprius Technologies (NYSE:AMPX) last issued its earnings results 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 company 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, analysts expect that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.

Insider Transactions at Amprius Technologies

In other Amprius Technologies news, Director Kang Sun sold 67,796 shares of the company’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $14.79, for a total value of $1,002,702.84. Following the completion of the transaction, the director owned 1,280,854 shares of the company’s stock, valued at $18,943,830.66. This represents a 5.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Thomas M. Stepien sold 2,000 shares of the stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $20.97, for a total value of $41,940.00. Following the completion of the transaction, the chief executive officer owned 625,625 shares of the company’s stock, valued at $13,119,356.25. This represents a 0.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 2,028,013 shares of company stock worth $33,010,934. Insiders own 5.10% of the company’s stock.

Institutional Trading of Amprius Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in AMPX. KBC Group NV acquired a new position in shares of Amprius Technologies in the first quarter valued at approximately $57,000. Quarry LP bought a new stake in Amprius Technologies during the 3rd quarter worth approximately $42,000. Jones Financial Companies Lllp grew its holdings in Amprius Technologies by 353.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,532 shares of the company’s stock worth $50,000 after acquiring an additional 3,532 shares during the last quarter. Parallel Advisors LLC acquired a new position in Amprius Technologies in the 3rd quarter valued at approximately $54,000. Finally, Leonteq Securities AG acquired a new position in Amprius Technologies in the 4th quarter valued at approximately $47,000. 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.