Amprius Technologies (NYSE:AMPX) Trading Up 4.9% – Here’s Why

Amprius Technologies, Inc. (NYSE:AMPX) shares rose 4.9% during trading on Tuesday . The company traded as high as $22.25 and last traded at $22.9790. Approximately 9,527,728 shares traded hands during trading, a decline of 6% from the average daily volume of 10,157,758 shares. The stock had previously closed at $21.9110.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. 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. Craig Hallum lifted their price target on shares of Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a report on Friday, March 6th. Weiss Ratings restated a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. B. Riley Financial lifted their target price on shares of Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, March 9th. Finally, Needham & Company LLC reissued a “buy” rating and set a $20.00 price target on shares of Amprius Technologies in a research report on Tuesday, March 10th. Eight analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Amprius Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $20.25.

Amprius Technologies Trading Up 4.9%

The firm has a market cap of $3.25 billion, a P/E ratio of -76.59 and a beta of 2.12. The company’s 50 day simple moving average is $18.15 and its 200-day simple moving average is $13.84.

Amprius Technologies (NYSE:AMPX) last announced its 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 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. On average, sell-side analysts anticipate that Amprius Technologies, Inc. will post -0.07 earnings per share for the current year.

Insider Activity

In other Amprius Technologies news, 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 transaction, the director owned 44,444 shares of the company’s stock, valued at $819,547.36. The trade was a 90.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Constantin Ionel Stefan sold 3,208 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $17.19, for a total transaction of $55,145.52. Following the sale, the chief technology officer owned 801,310 shares in the company, valued at $13,774,518.90. The trade was a 0.40% decrease in their ownership of the stock. 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. Over the last 90 days, insiders have sold 2,636,356 shares of company stock worth $44,226,754. Company insiders own 5.10% of the company’s stock.

Hedge Funds Weigh In On Amprius Technologies

Several large investors have recently made changes to their positions in AMPX. Voloridge Investment Management LLC bought a new stake in Amprius Technologies during the 3rd quarter valued at approximately $19,737,000. BNP Paribas Financial Markets grew its holdings in Amprius Technologies by 1,117.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,943,905 shares of the company’s stock valued at $20,450,000 after buying an additional 1,784,291 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Amprius Technologies by 37.0% during the third quarter. Vanguard Group Inc. now owns 6,512,620 shares of the company’s stock valued at $68,513,000 after buying an additional 1,757,395 shares during the last quarter. Norges Bank bought a new stake in shares of Amprius Technologies during the fourth quarter valued at approximately $10,295,000. Finally, Invesco Ltd. lifted its holdings in shares of Amprius Technologies by 113.3% in the third quarter. Invesco Ltd. now owns 2,379,384 shares of the company’s stock worth $25,031,000 after buying an additional 1,263,846 shares in the last quarter. 5.04% of the stock is currently owned by hedge funds and other institutional investors.

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.