Amprius Technologies (NYSE:AMPX) Trading Down 11.3% – Here’s Why

Amprius Technologies, Inc. (NYSE:AMPX)’s share price traded down 11.3% on Thursday . The company traded as low as $9.80 and last traded at $10.0530. Approximately 9,722,803 shares traded hands during mid-day trading, an increase of 12% from the average session volume of 8,673,086 shares. The stock had previously closed at $11.34.

Wall Street Analysts Forecast Growth

AMPX has been the subject of several research reports. JonesTrading started coverage on Amprius Technologies in a research note on Friday, July 10th. They set a “buy” rating and a $30.00 price objective for the company. Weiss Ratings restated a “sell (e+)” rating on shares of Amprius Technologies in a research report on Monday, April 20th. Northland Securities set a $24.00 price target on Amprius Technologies in a research note on Monday, May 11th. Zacks Research downgraded Amprius Technologies from a “hold” rating to a “strong sell” rating in a research note on Monday, July 6th. Finally, Clear Str started coverage on Amprius Technologies in a report on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $22.50.

Amprius Technologies Stock Performance

The company has a market cap of $1.44 billion, a PE ratio of -33.95 and a beta of 2.25. The firm’s 50 day moving average is $15.61 and its 200-day moving average is $14.81.

Amprius Technologies (NYSE:AMPX) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). The business 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. On average, analysts predict that Amprius Technologies, Inc. will post -0.07 EPS for the current year.

Insider Buying and Selling

In other Amprius Technologies news, Director Donald R. Dixon sold 85,000 shares of the business’s stock in a transaction on 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 owned 359,380 shares of the company’s stock, valued at approximately $6,170,554.60. The trade was a 19.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CTO Constantin Ionel Stefan sold 28,812 shares of the business’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $14.79, for a total value of $426,129.48. Following the transaction, the chief technology officer directly owned 804,518 shares in the company, valued at $11,898,821.22. This trade represents a 3.46% 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 ninety days, insiders have sold 310,144 shares of company stock worth $5,049,997. 5.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of AMPX. Bank of America Corp DE raised its stake in Amprius Technologies by 31.1% during the fourth quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after purchasing an additional 3,055 shares during the period. Quarry LP acquired a new stake in shares of Amprius Technologies during the 3rd quarter worth approximately $42,000. Rhumbline Advisers increased its holdings in shares of Amprius Technologies by 61.1% during the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock worth $42,000 after buying an additional 5,951 shares during 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 buying an additional 9,684 shares during the period. Finally, XTX Topco Ltd acquired a new position in Amprius Technologies in the second quarter valued at approximately $44,000. 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.