Amprius Technologies (NYSE:AMPX) Lowered to Strong Sell Rating by Zacks Research

Amprius Technologies (NYSE:AMPX) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Monday,Zacks.com reports.

A number of other analysts also recently weighed in on the stock. Northland Securities set a $24.00 target price on shares of Amprius Technologies in a report on Monday, May 11th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a research report on Monday, April 20th. Roth Capital reissued a “buy” rating on shares of Amprius Technologies in a research note on Friday, May 8th. Needham & Company LLC restated a “buy” rating and set a $20.00 price objective on shares of Amprius Technologies in a research report on Tuesday, March 10th. Finally, B. Riley Financial raised their price objective on Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $21.67.

Amprius Technologies Stock Performance

NYSE AMPX opened at $11.76 on Monday. The stock has a 50 day moving average price of $17.01 and a 200-day moving average price of $14.72. Amprius Technologies has a one year low of $4.96 and a one year high of $24.23. The company has a market capitalization of $1.67 billion, a P/E ratio of -39.19 and a beta of 2.25.

Amprius Technologies (NYSE:AMPX) last announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The business had revenue of $28.54 million during 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. As a group, equities analysts predict that Amprius Technologies will post -0.07 EPS for the current fiscal year.

Insider Activity

In related news, CEO Thomas M. Stepien sold 2,000 shares of the stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $20.97, for a total value of $41,940.00. Following the sale, the chief executive officer directly owned 625,625 shares of the company’s stock, valued at $13,119,356.25. This represents a 0.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Constantin Ionel Stefan sold 3,208 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $17.19, for a total transaction of $55,145.52. Following the completion of the sale, the chief technology officer directly owned 801,310 shares of the company’s stock, valued at approximately $13,774,518.90. The trade was a 0.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 310,144 shares of company stock worth $5,049,997 over the last 90 days. Insiders own 5.10% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of 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 acquiring an additional 616,037 shares during the last quarter. Geode Capital Management LLC increased its stake in Amprius Technologies by 10.5% in the fourth 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 during the period. State Street Corp increased its stake in Amprius Technologies by 16.6% in the fourth 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 during the period. Invesco Ltd. lifted its position in shares of Amprius Technologies by 113.3% during the third 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 during the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in shares of Amprius Technologies by 23.0% during the fourth 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 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.