Amprius Technologies (NYSE:AMPX) Stock Price Up 9.1% – Here’s Why

Amprius Technologies, Inc. (NYSE:AMPXGet Free Report)’s share price rose 9.1% during mid-day trading on Tuesday . The stock traded as high as $22.70 and last traded at $21.39. Approximately 20,823,082 shares were traded during trading, an increase of 134% from the average daily volume of 8,883,329 shares. The stock had previously closed at $19.61.

Analyst Ratings Changes

AMPX has been the subject of several research reports. Cantor Fitzgerald lifted their price objective on Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. Needham & Company LLC restated a “buy” rating and set a $20.00 price objective on shares of Amprius Technologies in a research report on Tuesday, March 10th. Weiss Ratings restated a “sell (e+)” rating on shares of Amprius Technologies in a research report on Monday. Roth Mkm reaffirmed a “buy” rating and issued a $20.00 target price (up from $16.00) on shares of Amprius Technologies in a research note on Friday, March 6th. Finally, Craig Hallum lifted their target price on shares of Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Eight research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $19.75.

Read Our Latest Research Report on Amprius Technologies

Amprius Technologies Trading Down 4.2%

The stock has a market capitalization of $2.98 billion, a PE ratio of -63.91 and a beta of 2.20. The company’s 50 day simple moving average is $15.89 and its 200 day simple moving average is $12.83.

Amprius Technologies (NYSE:AMPXGet Free Report) last announced its quarterly earnings data on Wednesday, March 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.03. Amprius Technologies had a negative net margin of 60.30% and a negative return on equity of 24.29%. The company had revenue of $25.23 million during the quarter, compared to analysts’ expectations of $22.91 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, analysts predict that Amprius Technologies, Inc. will post -0.03 EPS for the current year.

Insider Activity at Amprius Technologies

In other news, Director Kang Sun sold 1,500,000 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $15.91, for a total transaction of $23,865,000.00. Following the completion of the sale, the director directly owned 1,342,400 shares of the company’s stock, valued at $21,357,584. The trade was a 52.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Steven Chu sold 155,565 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $18.50, for a total transaction of $2,877,952.50. Following the sale, the director directly owned 127,339 shares of the company’s stock, valued at $2,355,771.50. This represents a 54.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,581,119 shares of company stock valued at $42,818,856 over the last quarter. 12.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Amprius Technologies

Institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC lifted its holdings in shares of Amprius Technologies by 65.7% during the 1st quarter. SG Americas Securities LLC now owns 423,037 shares of the company’s stock valued at $7,132,000 after acquiring an additional 167,785 shares in the last quarter. Alberta Investment Management Corp acquired a new position in shares of Amprius Technologies during the 4th quarter valued at $1,001,000. Vident Advisory LLC acquired a new position in shares of Amprius Technologies during the 4th quarter valued at $107,000. Summit Securities Group LLC acquired a new position in shares of Amprius Technologies during the 4th quarter valued at $54,000. Finally, Numerai GP LLC lifted its holdings in shares of Amprius Technologies by 29.1% during the 4th quarter. Numerai GP LLC now owns 96,209 shares of the company’s stock valued at $759,000 after acquiring an additional 21,698 shares in the last quarter. 5.04% of the stock is owned by hedge funds and other institutional investors.

About Amprius Technologies

(Get Free Report)

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.

Further Reading

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