Amprius Technologies (NYSE:AMPX) Shares Down 9.8% – Time to Sell?

Amprius Technologies, Inc. (NYSE:AMPX)’s stock price fell 9.8% during trading on Tuesday . The stock traded as low as $14.09 and last traded at $14.11. 7,492,924 shares traded hands during mid-day trading, a decline of 15% from the average daily volume of 8,807,960 shares. The stock had previously closed at $15.65.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Cantor Fitzgerald upped their target price on Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. William Blair reiterated an “outperform” rating on shares of Amprius Technologies in a report on Friday, March 6th. B. Riley Financial upped their price target on Amprius Technologies from $16.00 to $22.00 and gave the stock 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 stock a “buy” rating in a report on Friday, March 6th. Finally, Wall Street Zen lowered shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $21.67.

Amprius Technologies Trading Down 9.8%

The company has a market capitalization of $2.00 billion, a price-to-earnings ratio of -47.03 and a beta of 2.12. The stock has a 50-day simple moving average of $18.47 and a 200-day simple moving average of $14.57.

Amprius Technologies (NYSE:AMPX) last released its quarterly 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 for the quarter, compared to analyst estimates 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 forecast that Amprius Technologies, Inc. will post -0.07 EPS for the current year.

Insider Activity at Amprius Technologies

In other news, Director Kang Sun sold 1,500,000 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $15.91, for a total value of $23,865,000.00. Following the sale, the director owned 1,342,400 shares in the company, valued at approximately $21,357,584. This represents a 52.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Donald R. Dixon sold 85,000 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $17.17, for a total transaction of $1,459,450.00. Following the transaction, the director directly owned 359,380 shares in the company, valued at $6,170,554.60. The trade was a 19.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,810,144 shares of company stock valued at $28,914,997 in the last 90 days. 5.10% of the stock is currently owned by insiders.

Institutional Trading of Amprius Technologies

Several institutional investors and hedge funds have recently bought and sold shares of the company. Bank of America Corp DE lifted its holdings in Amprius Technologies by 31.1% during the 4th quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after buying an additional 3,055 shares during the last quarter. Quarry LP bought a new stake in shares of Amprius Technologies in the 3rd quarter valued at approximately $42,000. Rhumbline Advisers raised its position in shares of Amprius Technologies by 61.1% during the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after acquiring an additional 5,951 shares in the last quarter. Legal & General Group Plc raised its position in shares of Amprius Technologies by 1,385.4% during the 2nd quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock valued at $44,000 after acquiring an additional 9,684 shares in the last quarter. Finally, XTX Topco Ltd bought a new position in Amprius Technologies during the second quarter worth $44,000. Institutional investors and hedge funds own 5.04% of the company’s stock.

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.