Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report) shares fell 6.3% on Wednesday . The stock traded as low as $10.16 and last traded at $10.1930. Approximately 4,759,028 shares traded hands during trading, a decline of 44% from the average session volume of 8,574,231 shares. The stock had previously closed at $10.88.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on AMPX shares. JonesTrading initiated coverage on shares of Amprius Technologies in a report on Friday, July 10th. They issued a “buy” rating and a $30.00 price objective for the company. Zacks Research downgraded Amprius Technologies from a “hold” rating to a “strong sell” rating in a research note on Monday, July 6th. Weiss Ratings reissued a “sell (e+)” rating on shares of Amprius Technologies in a report on Friday. Clear Str began coverage on Amprius Technologies in a research note on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 price target for the company. Finally, Northland Securities set a $24.00 price target on Amprius Technologies in a report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Amprius Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.50.
Read Our Latest Analysis on AMPX
Amprius Technologies Price Performance
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 for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). Amprius Technologies had a negative net margin of 43.98% and a negative return on equity of 17.48%. The company had revenue of $28.54 million for the quarter, compared to the consensus estimate of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, analysts forecast that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.
Insider Activity at Amprius Technologies
In other news, CTO Constantin Ionel Stefan sold 3,208 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $17.19, for a total value of $55,145.52. Following the transaction, the chief technology officer directly owned 801,310 shares in the company, valued at $13,774,518.90. This trade represents a 0.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Thomas M. Stepien sold 2,000 shares of Amprius Technologies stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $20.97, for a total value of $41,940.00. Following the completion of the sale, the chief executive officer directly owned 625,625 shares of the company’s stock, valued at $13,119,356.25. The trade was a 0.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 310,144 shares of company stock valued at $5,049,997 in the last quarter. 5.10% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of AMPX. Bank of America Corp DE boosted its position in 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 purchasing an additional 3,055 shares during the last quarter. Quarry LP bought a new position in shares of Amprius Technologies in the 3rd quarter worth approximately $42,000. Rhumbline Advisers lifted 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 worth $42,000 after purchasing an additional 5,951 shares during the period. Legal & General Group Plc boosted its holdings in shares of Amprius Technologies by 1,385.4% in the second quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock worth $44,000 after buying an additional 9,684 shares during the last quarter. Finally, XTX Topco Ltd purchased a new position in shares of Amprius Technologies in the second quarter worth approximately $44,000. 5.04% of the stock is owned by hedge funds and other institutional investors.
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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