Polen Capital Management LLC Sells 51,137 Shares of Amprius Technologies, Inc. $AMPX

Polen Capital Management LLC reduced its position in Amprius Technologies, Inc. (NYSE:AMPX) by 15.1% during the fourth quarter, HoldingsChannel reports. The firm owned 288,290 shares of the company’s stock after selling 51,137 shares during the period. Polen Capital Management LLC’s holdings in Amprius Technologies were worth $2,275,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of AMPX. Bank of America Corp DE boosted its stake in shares of Amprius Technologies by 31.1% in the 4th quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock valued at $36,000 after purchasing an additional 3,055 shares during the last quarter. Quarry LP bought a new stake in shares of Amprius Technologies in the 3rd quarter valued at $42,000. Rhumbline Advisers boosted its stake in shares of Amprius Technologies by 61.1% in the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after purchasing an additional 5,951 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Amprius Technologies by 1,385.4% in the 2nd quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock valued at $44,000 after purchasing an additional 9,684 shares during the last quarter. Finally, XTX Topco Ltd bought a new stake in shares of Amprius Technologies in the 2nd quarter valued at $44,000. 5.04% of the stock is owned by institutional investors.

Amprius Technologies Stock Up 4.0%

Shares of NYSE AMPX opened at $17.09 on Friday. The firm has a market cap of $2.42 billion, a PE ratio of -56.97 and a beta of 2.12. Amprius Technologies, Inc. has a 12-month low of $3.29 and a 12-month high of $24.23. The company’s fifty day simple moving average is $18.54 and its 200 day simple moving average is $14.32.

Amprius Technologies (NYSE:AMPX) last issued its earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The company had revenue of $28.54 million for the quarter, compared to the consensus estimate of $25.72 million. Amprius Technologies had a negative return on equity of 17.48% and a negative net margin of 43.98%.Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, equities analysts predict that Amprius Technologies, Inc. will post -0.07 earnings per share for the current year.

Insider Activity at Amprius Technologies

In related news, Director Donald R. Dixon sold 40,000 shares of the stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $19.13, for a total transaction of $765,200.00. Following the transaction, the director directly owned 444,380 shares of the company’s stock, valued at $8,500,989.40. This represents a 8.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kang Sun sold 1,500,000 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $15.91, for a total transaction of $23,865,000.00. Following the transaction, the director directly owned 1,342,400 shares in the company, 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 sold 1,943,013 shares of company stock valued at $31,551,484 in the last ninety days. Insiders own 5.10% of the company’s stock.

Analysts Set New Price Targets

AMPX has been the topic of a number of analyst reports. William Blair reaffirmed an “outperform” rating on shares of Amprius Technologies in a research note on Friday, March 6th. Northland Securities set a $24.00 price objective on shares of Amprius Technologies in a research note 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 company a “buy” rating in a research note on Monday, March 9th. Finally, Cantor Fitzgerald upped 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 analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, Amprius Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $21.67.

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.