Amprius Technologies (NYSE:AMPX) Shares Up 5.6% – Here’s What Happened

Amprius Technologies, Inc. (NYSE:AMPX)’s share price was up 5.6% on Monday . The stock traded as high as $13.68 and last traded at $13.0730. 6,348,945 shares changed hands during trading, a decline of 28% from the average daily volume of 8,793,759 shares. The stock had previously closed at $12.38.

Wall Street Analyst Weigh In

AMPX has been the subject of several recent research reports. Roth Capital reissued a “buy” rating on shares of Amprius Technologies in a research report on Friday, May 8th. Zacks Research downgraded Amprius Technologies from a “hold” rating to a “strong sell” rating in a report on Monday. Clear Str started coverage on Amprius Technologies in a research note on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 price objective on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. Finally, Northland Securities set a $24.00 target price on Amprius Technologies in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $21.67.

Amprius Technologies Trading Down 2.1%

The firm has a market cap of $1.63 billion, a P/E ratio of -38.28 and a beta of 2.25. The company’s fifty day moving average price is $17.01 and its two-hundred day moving average price is $14.72.

Amprius Technologies (NYSE:AMPX) last released its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). The firm had revenue of $28.54 million during the quarter, compared to analyst estimates 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, analysts predict that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Donald R. Dixon sold 85,000 shares of the firm’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 sale, the director directly owned 359,380 shares in the company, valued at approximately $6,170,554.60. This trade represents a 19.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Kang Sun sold 67,796 shares of Amprius Technologies stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $14.79, for a total value of $1,002,702.84. Following the completion of the transaction, the director directly owned 1,280,854 shares of the company’s stock, valued at $18,943,830.66. This represents a 5.03% decrease in their ownership of the stock. 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 have sold 310,144 shares of company stock valued at $5,049,997 in the last 90 days. Insiders own 5.10% of the company’s stock.

Institutional Investors Weigh In On Amprius Technologies

Hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE raised its stake in shares of Amprius Technologies by 31.1% in the fourth quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after acquiring an additional 3,055 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Amprius Technologies by 86.7% in the first quarter. AQR Capital Management LLC now owns 77,764 shares of the company’s stock valued at $208,000 after purchasing an additional 36,116 shares in the last quarter. Millennium Management LLC increased its holdings in shares of Amprius Technologies by 94.5% in the first quarter. Millennium Management LLC now owns 1,396,013 shares of the company’s stock valued at $3,741,000 after purchasing an additional 678,442 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Amprius Technologies by 128.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 244,646 shares of the company’s stock worth $656,000 after purchasing an additional 137,640 shares during the last quarter. Finally, Rhumbline Advisers raised its position in Amprius Technologies by 61.1% in the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock worth $42,000 after purchasing an additional 5,951 shares during the last quarter. Institutional investors own 5.04% of the company’s stock.

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.