Amprius Technologies (NYSE:AMPX) Trading 11.2% Higher – Should You Buy?

Amprius Technologies, Inc. (NYSE:AMPX) shares rose 11.2% during trading on Tuesday . The company traded as high as $18.04 and last traded at $17.83. Approximately 10,993,062 shares changed hands during trading, an increase of 23% from the average daily volume of 8,910,669 shares. The stock had previously closed at $16.03.

Wall Street Analyst Weigh In

AMPX has been the topic of a number of analyst reports. Cantor Fitzgerald increased their price objective on Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Weiss Ratings reissued a “sell (e+)” rating on shares of Amprius Technologies in a research note on Monday, April 20th. B. Riley Financial raised their price target on Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday, March 9th. Needham & Company LLC reissued a “buy” rating and issued a $20.00 price target on shares of Amprius Technologies in a research note on Tuesday, March 10th. Finally, Craig Hallum raised their price target on Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Amprius Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $20.25.

Amprius Technologies Trading Up 11.2%

The business has a 50 day simple moving average of $18.06 and a 200-day simple moving average of $13.59. The stock has a market capitalization of $2.53 billion, a price-to-earnings ratio of -59.43 and a beta of 2.20.

Amprius Technologies (NYSE:AMPX) last issued 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 business had revenue of $28.54 million during the quarter, compared to analyst estimates 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. Research analysts predict that Amprius Technologies, Inc. will post -0.07 EPS for the current year.

Insider Activity

In other news, Director Wen Hsuan Hsieh sold 413,146 shares of Amprius Technologies stock in a transaction dated 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 directly owned 44,444 shares of the company’s stock, valued at $819,547.36. The trade was a 90.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Kang Sun sold 1,500,000 shares of Amprius Technologies stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $15.91, for a total value of $23,865,000.00. Following the completion of the transaction, the director directly owned 1,342,400 shares in the company, valued at $21,357,584. This represents a 52.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,453,212 shares of company stock valued at $41,443,347 in the last three months. Corporate insiders own 5.10% of the company’s stock.

Hedge Funds Weigh In On Amprius Technologies

Several hedge funds and other institutional investors have recently modified their holdings of AMPX. Bank of America Corp DE lifted its stake in shares of Amprius Technologies by 31.1% in the 4th quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock valued at $36,000 after purchasing an additional 3,055 shares in the last quarter. Quarry LP acquired a new position in shares of Amprius Technologies in the 3rd quarter valued at about $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 valued at $42,000 after purchasing an additional 5,951 shares in the last quarter. Legal & General Group Plc lifted its stake in shares of Amprius Technologies by 1,385.4% in the 2nd quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock valued at $44,000 after purchasing an additional 9,684 shares in the last quarter. Finally, XTX Topco Ltd acquired a new position in shares of Amprius Technologies in the 2nd quarter valued at about $44,000. 5.04% of the stock is owned by institutional investors and hedge funds.

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.