Amprius Technologies (NYSE:AMPX) Stock Price Up 4.7% – Here’s Why

Shares of Amprius Technologies, Inc. (NYSE:AMPXGet Free Report) rose 4.7% during mid-day trading on Friday . The stock traded as high as $16.35 and last traded at $16.0170. Approximately 7,369,378 shares were traded during mid-day trading, a decline of 17% from the average daily volume of 8,905,598 shares. The stock had previously closed at $15.30.

Analyst Ratings Changes

AMPX has been the topic of several research analyst reports. Roth Mkm reiterated a “buy” rating on shares of Amprius Technologies in a report on Friday, May 8th. Northland Securities set a $24.00 target price on shares of Amprius Technologies in a research note on Monday, May 11th. Needham & Company LLC reissued a “buy” rating and issued a $20.00 target price on shares of Amprius Technologies in a research note on Tuesday, March 10th. Wall Street Zen lowered shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Finally, William Blair reissued an “outperform” rating on shares of Amprius Technologies in a research note on Friday, March 6th. Eight analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $20.25.

Read Our Latest Stock Report on AMPX

Amprius Technologies Stock Performance

The stock has a market cap of $2.27 billion, a PE ratio of -53.39 and a beta of 2.20. The company’s 50-day moving average price is $18.10 and its 200 day moving average price is $13.56.

Amprius Technologies (NYSE:AMPXGet Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The firm had revenue of $28.54 million for 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. As a group, equities research analysts predict that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Steven Chu sold 155,565 shares of Amprius Technologies stock in a transaction that occurred 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 owned 127,339 shares of the company’s stock, valued at approximately $2,355,771.50. The trade was a 54.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Wen Hsuan Hsieh sold 413,146 shares of Amprius Technologies stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $18.44, for a total transaction of $7,618,412.24. Following the sale, the director directly owned 44,444 shares in the company, valued at approximately $819,547.36. The trade was a 90.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 2,539,829 shares of company stock worth $42,323,376 in the last 90 days. 5.10% of the stock is owned by corporate insiders.

Institutional Trading of Amprius Technologies

Several institutional investors have recently made changes to their positions in the company. Oppenheimer & Co. Inc. raised its position in Amprius Technologies by 47.7% in the fourth quarter. Oppenheimer & Co. Inc. now owns 442,090 shares of the company’s stock valued at $3,488,000 after purchasing 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 valued at $68,513,000 after purchasing an additional 1,757,395 shares during the period. SG Americas Securities LLC purchased a new stake in Amprius Technologies in the fourth quarter valued at approximately $2,014,000. Stephens Investment Management Group LLC raised its position 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 purchasing an additional 358,791 shares during the period. Finally, Tudor Investment Corp ET AL purchased a new stake in Amprius Technologies in the third quarter valued at approximately $7,530,000. Hedge funds and other institutional investors own 5.04% of the company’s stock.

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.

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