Amprius Technologies (NYSE:AMPX) Stock Price Down 2.5% – Time to Sell?

Amprius Technologies, Inc. (NYSE:AMPX) shares traded down 2.5% during trading on Tuesday . The stock traded as low as $14.79 and last traded at $15.48. 6,427,765 shares were traded during mid-day trading, a decline of 27% from the average session volume of 8,838,300 shares. The stock had previously closed at $15.87.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Northland Securities set a $24.00 target price on Amprius Technologies in a research note on Monday, May 11th. Cantor Fitzgerald raised their target price on Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Wall Street Zen downgraded Amprius Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Roth Mkm reiterated a “buy” rating on shares of Amprius Technologies in a research note on Friday, May 8th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a research note on Monday, April 20th. Eight research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, Amprius Technologies has an average rating of “Moderate Buy” and an average target price of $20.25.

Amprius Technologies Stock Performance

The firm has a market cap of $2.19 billion, a price-to-earnings ratio of -51.60 and a beta of 2.20. The business has a 50 day simple moving average of $18.28 and a 200-day simple moving average of $13.50.

Amprius Technologies (NYSE:AMPX) last released 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). The company had revenue of $28.54 million for 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. As a group, research analysts anticipate that Amprius Technologies, Inc. will post -0.07 earnings per share for the current year.

Insider Activity

In other Amprius Technologies news, Director Steven Chu sold 166,632 shares of Amprius Technologies stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $17.92, for a total transaction of $2,986,045.44. Following the transaction, the director owned 127,339 shares of the company’s stock, valued at $2,281,914.88. This trade represents a 56.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kang Sun sold 1,500,000 shares of Amprius Technologies stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $15.91, for a total transaction of $23,865,000.00. Following the transaction, the director directly owned 1,342,400 shares in the company, valued at approximately $21,357,584. This represents a 52.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,539,829 shares of company stock worth $42,323,376 in the last quarter. 5.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Amprius Technologies

Several hedge funds have recently modified their holdings of AMPX. Bank of America Corp DE lifted its position in shares of Amprius Technologies by 31.1% during the 4th quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after buying an additional 3,055 shares in the last quarter. Quarry LP bought a new position in shares of Amprius Technologies during the 3rd quarter worth approximately $42,000. Rhumbline Advisers lifted its position in shares of Amprius Technologies by 61.1% during the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock worth $42,000 after buying an additional 5,951 shares in the last quarter. Legal & General Group Plc lifted its position in shares of Amprius Technologies by 1,385.4% during the 2nd 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 in the last quarter. Finally, XTX Topco Ltd bought a new stake in shares of Amprius Technologies in the 2nd quarter worth approximately $44,000. 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.