Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report) shares shot up 10% during trading on Monday . The stock traded as high as $17.63 and last traded at $17.5960. 6,713,291 shares changed hands during mid-day trading, a decline of 25% from the average session volume of 8,903,424 shares. The stock had previously closed at $16.00.
Analyst Ratings Changes
Several analysts have issued reports on the company. B. Riley Financial lifted their price target on Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, March 9th. Craig Hallum increased their price objective on Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Weiss Ratings reissued a “sell (e+)” rating on shares of Amprius Technologies in a research report on Wednesday, January 21st. Roth Mkm reissued a “buy” rating and issued a $20.00 price objective (up from $16.00) on shares of Amprius Technologies in a research report on Friday, March 6th. Finally, William Blair reiterated an “outperform” rating on shares of Amprius Technologies in a report on Friday, March 6th. Eight investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $19.75.
Get Our Latest Report on Amprius Technologies
Amprius Technologies Trading Up 10.0%
Amprius Technologies (NYSE:AMPX – Get Free Report) last released its quarterly earnings results on Wednesday, March 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.03. Amprius Technologies had a negative return on equity of 24.29% and a negative net margin of 60.30%.The business had revenue of $25.23 million during the quarter, compared to the consensus estimate of $22.91 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, equities research analysts predict that Amprius Technologies, Inc. will post -0.45 EPS for the current year.
Insider Buying and Selling at Amprius Technologies
In related news, Director Kang Sun sold 1,500,000 shares of the 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 sale, the director owned 1,342,400 shares of the company’s stock, valued at $21,357,584. This represents a 52.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Wen Hsuan Hsieh sold 413,146 shares of the firm’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $18.44, for a total value of $7,618,412.24. Following the transaction, the director owned 44,444 shares in the company, valued at approximately $819,547.36. This trade represents a 90.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 4,647,226 shares of company stock worth $65,744,047. 12.90% of the stock is currently owned by company insiders.
Institutional Trading of Amprius Technologies
Large investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of 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 purchasing an additional 616,037 shares during the period. Geode Capital Management LLC lifted 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 worth $21,137,000 after purchasing an additional 253,529 shares during the period. State Street Corp lifted its position in 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 purchasing an additional 363,928 shares during the period. Invesco Ltd. grew its stake in 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 buying an additional 1,263,846 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in 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 buying an additional 410,724 shares in the last quarter. 5.04% of the stock is owned by institutional investors and hedge funds.
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.
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