Amprius Technologies (NYSE:AMPX) Shares Down 12% – Time to Sell?

Amprius Technologies, Inc. (NYSE:AMPX) shares dropped 12% on Wednesday . The stock traded as low as $12.28 and last traded at $12.4240. 12,628,345 shares were traded during mid-day trading, an increase of 43% from the average daily volume of 8,839,918 shares. The stock had previously closed at $14.12.

Wall Street Analyst Weigh In

Several research firms have commented on AMPX. B. Riley Financial upped their price objective on shares of Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a report on Monday, March 9th. Wall Street Zen downgraded shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Clear Str began coverage on shares of Amprius Technologies in a research report on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 price target on the stock. Cantor Fitzgerald upped their price target on shares of Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Finally, William Blair reaffirmed an “outperform” rating on shares of Amprius Technologies in a report on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.67.

Amprius Technologies Trading Down 12.0%

The business has a fifty day moving average of $18.41 and a 200-day moving average of $14.59. The firm has a market cap of $1.76 billion, a PE ratio of -41.41 and a beta of 2.12.

Amprius Technologies (NYSE:AMPX) last posted its earnings results 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 analysts’ expectations of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, equities analysts forecast that Amprius Technologies, Inc. will post -0.07 EPS for the current year.

Insider Activity

In related news, CEO Thomas M. Stepien sold 60,702 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $14.79, for a total transaction of $897,782.58. Following the completion of the transaction, the chief executive officer owned 699,298 shares of the company’s stock, valued at approximately $10,342,617.42. The trade was a 7.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Donald R. Dixon sold 85,000 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $17.17, for a total transaction of $1,459,450.00. Following the sale, the director directly owned 359,380 shares in the company, valued at $6,170,554.60. This trade represents a 19.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,810,144 shares of company stock valued at $28,914,997 over the last ninety days. 5.10% of the stock is owned by insiders.

Institutional Investors Weigh In On Amprius Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in Amprius Technologies by 9.5% in the fourth quarter. Vanguard Group Inc. now owns 7,128,657 shares of the company’s stock worth $56,245,000 after buying an additional 616,037 shares in the last quarter. Geode Capital Management LLC grew its position in Amprius Technologies by 10.5% during the fourth quarter. Geode Capital Management LLC now owns 2,678,417 shares of the company’s stock valued at $21,137,000 after acquiring an additional 253,529 shares during the last quarter. State Street Corp raised its stake in shares of Amprius Technologies by 16.6% during the fourth quarter. State Street Corp now owns 2,553,710 shares of the company’s stock worth $20,149,000 after acquiring an additional 363,928 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Amprius Technologies by 113.3% in the 3rd quarter. Invesco Ltd. now owns 2,379,384 shares of the company’s stock worth $25,031,000 after acquiring an additional 1,263,846 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Amprius Technologies by 23.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,194,841 shares of the company’s stock worth $17,317,000 after acquiring an additional 410,724 shares during 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.