Amprius Technologies (NYSE:AMPX) Shares Down 1.8% – What’s Next?

Amprius Technologies, Inc. (NYSE:AMPXGet Free Report) shares dropped 1.8% on Wednesday . The company traded as low as $13.13 and last traded at $13.6090. 7,254,289 shares traded hands during trading, a decline of 18% from the average daily volume of 8,817,063 shares. The stock had previously closed at $13.86.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on AMPX shares. Needham & Company LLC reaffirmed a “buy” rating and set a $20.00 price target on shares of Amprius Technologies in a research note on Tuesday, March 10th. Roth Mkm reissued a “buy” rating on shares of Amprius Technologies in a research note on Friday, May 8th. William Blair restated an “outperform” rating on shares of Amprius Technologies in a report on Friday, March 6th. Wall Street Zen lowered Amprius Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $21.67.

Read Our Latest Report on Amprius Technologies

Amprius Technologies Trading Down 1.8%

The business’s 50-day simple moving average is $17.87 and its two-hundred day simple moving average is $14.64. The firm has a market cap of $1.93 billion, a price-to-earnings ratio of -45.36 and a beta of 2.12.

Amprius Technologies (NYSE:AMPXGet Free Report) last issued its quarterly earnings results 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). Amprius Technologies had a negative return on equity of 17.48% and a negative net margin of 43.98%.The firm had revenue of $28.54 million during the quarter, compared to analyst estimates of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, analysts forecast that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Donald R. Dixon sold 85,000 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $17.17, for a total value of $1,459,450.00. Following the transaction, the director owned 359,380 shares in the company, valued at $6,170,554.60. The trade was a 19.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CTO Constantin Ionel Stefan sold 28,812 shares of the company’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $14.79, for a total transaction of $426,129.48. Following the sale, the chief technology officer directly owned 804,518 shares in the company, valued at $11,898,821.22. This trade represents a 3.46% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 310,144 shares of company stock worth $5,049,997 over the last ninety days. Corporate insiders own 5.10% of the company’s stock.

Institutional Investors Weigh In On Amprius Technologies

Several institutional investors and hedge funds have recently made changes to their positions in the business. Oppenheimer & Co. Inc. boosted its holdings in shares of Amprius Technologies by 47.7% during the 4th quarter. Oppenheimer & Co. Inc. now owns 442,090 shares of the company’s stock worth $3,488,000 after buying an additional 142,751 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Amprius Technologies by 37.0% in the 3rd quarter. Vanguard Group Inc. now owns 6,512,620 shares of the company’s stock valued at $68,513,000 after acquiring an additional 1,757,395 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Amprius Technologies during the fourth quarter valued at about $2,014,000. Stephens Investment Management Group LLC raised its stake in Amprius Technologies by 33.1% during the 4th quarter. Stephens Investment Management Group LLC now owns 1,441,698 shares of the company’s stock worth $11,375,000 after buying an additional 358,791 shares during the period. Finally, Tudor Investment Corp ET AL acquired a new position in shares of Amprius Technologies during the third quarter worth approximately $7,530,000. Institutional investors own 5.04% of the company’s stock.

Amprius Technologies Company Profile

(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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