Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report)’s share price traded down 2.9% on Wednesday following insider selling activity. The stock traded as low as $14.97 and last traded at $15.0420. 7,858,150 shares traded hands during mid-day trading, a decline of 11% from the average session volume of 8,861,358 shares. The stock had previously closed at $15.49.
Specifically, Director Donald R. Dixon sold 85,000 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $17.17, for a total value of $1,459,450.00. Following the completion of the transaction, the director owned 359,380 shares in the company, valued at $6,170,554.60. This represents a 19.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Donald R. Dixon sold 40,000 shares of the company’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $19.13, for a total value of $765,200.00. Following the completion of the transaction, the director owned 444,380 shares of the company’s stock, valued at $8,500,989.40. This trade represents a 8.26% decrease in their position. The SEC filing for this sale provides additional information.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on the company. Roth Mkm restated a “buy” rating on shares of Amprius Technologies in a research note on Friday, May 8th. Clear Str assumed coverage on Amprius Technologies in a research note on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 price objective for the company. Wall Street Zen downgraded Amprius Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Northland Securities set a $24.00 price objective on Amprius Technologies in a research note on Monday, May 11th. Finally, Craig Hallum upped their price objective on Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a research note on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, Amprius Technologies has an average rating of “Moderate Buy” and an average target price of $21.67.
Amprius Technologies Stock Performance
The firm has a 50 day moving average price of $18.56 and a two-hundred day moving average price of $14.44. The company has a market cap of $2.13 billion, a P/E ratio of -50.14 and a beta of 2.12.
Amprius Technologies (NYSE:AMPX – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) 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 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, sell-side analysts predict that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.
Institutional Trading of Amprius Technologies
A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in Amprius Technologies by 9.5% during the 4th quarter. Vanguard Group Inc. now owns 7,128,657 shares of the company’s stock worth $56,245,000 after purchasing an additional 616,037 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Amprius Technologies by 10.5% during the 4th quarter. Geode Capital Management LLC now owns 2,678,417 shares of the company’s stock worth $21,137,000 after purchasing an additional 253,529 shares in the last quarter. State Street Corp lifted its holdings in Amprius Technologies by 16.6% during the 4th quarter. State Street Corp now owns 2,553,710 shares of the company’s stock worth $20,149,000 after purchasing an additional 363,928 shares in the last quarter. Invesco Ltd. lifted its holdings in Amprius Technologies by 113.3% during the 3rd quarter. Invesco Ltd. now owns 2,379,384 shares of the company’s stock worth $25,031,000 after purchasing an additional 1,263,846 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in Amprius Technologies by 23.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,194,841 shares of the company’s stock worth $17,317,000 after purchasing an additional 410,724 shares in the last quarter. Hedge funds and other institutional investors own 5.04% of the company’s stock.
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.
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