Amprius Technologies (NYSE:AMPX) Shares Down 12% – Here’s What Happened

Amprius Technologies, Inc. (NYSE:AMPX) shares fell 12% during trading on Wednesday . The stock traded as low as $12.28 and last traded at $12.4240. Approximately 12,628,345 shares were traded during mid-day trading, an increase of 43% from the average session volume of 8,839,918 shares. The stock had previously closed at $14.12.

Analyst Ratings Changes

Several brokerages have issued reports on AMPX. Clear Str initiated coverage on Amprius Technologies in a report on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 price target on the stock. Northland Securities set a $24.00 target price on Amprius Technologies in a report on Monday, May 11th. Wall Street Zen lowered shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. B. Riley Financial upped their price objective on shares of Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, March 9th. Finally, Cantor Fitzgerald raised their price objective on shares of Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Amprius Technologies currently has an average rating of “Moderate Buy” and an average target price of $21.67.

Amprius Technologies Price Performance

The company has a market cap of $1.76 billion, a P/E ratio of -41.41 and a beta of 2.12. The stock has a fifty day moving average price of $18.41 and a two-hundred day moving average price of $14.59.

Amprius Technologies (NYSE:AMPX) last released its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) EPS 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 analysts’ expectations 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. Equities analysts predict that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Insider Activity

In other Amprius Technologies news, CEO Thomas M. Stepien sold 60,702 shares of Amprius Technologies 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 transaction, the chief executive officer owned 699,298 shares of the company’s stock, valued at $10,342,617.42. This trade represents a 7.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kang Sun sold 1,500,000 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, the director directly 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 disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,810,144 shares of company stock valued at $28,914,997 in the last three months. 5.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Oppenheimer & Co. Inc. grew its position in Amprius Technologies by 47.7% during the fourth quarter. Oppenheimer & Co. Inc. now owns 442,090 shares of the company’s stock valued at $3,488,000 after buying an additional 142,751 shares during the period. Vanguard Group Inc. raised its position in Amprius Technologies by 37.0% in the third quarter. Vanguard Group Inc. now owns 6,512,620 shares of the company’s stock worth $68,513,000 after acquiring an additional 1,757,395 shares during the period. SG Americas Securities LLC bought a new stake in Amprius Technologies in the fourth quarter worth about $2,014,000. Stephens Investment Management Group LLC boosted its stake in Amprius Technologies by 33.1% in the fourth quarter. Stephens Investment Management Group LLC now owns 1,441,698 shares of the company’s stock valued at $11,375,000 after acquiring an additional 358,791 shares during the last quarter. Finally, Tudor Investment Corp ET AL bought a new position in shares of Amprius Technologies during the 3rd quarter valued at approximately $7,530,000. Institutional investors 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.