Amprius Technologies (NYSE:AMPX) Trading 14.5% Higher – Here’s Why

Amprius Technologies, Inc. (NYSE:AMPX) rose 14.5% during mid-day trading on Tuesday . The company traded as high as $16.99 and last traded at $16.8560. Approximately 9,499,640 shares changed hands during mid-day trading, an increase of 6% from the average daily volume of 8,982,151 shares. The stock had previously closed at $14.72.

Analysts Set New Price Targets

AMPX has been the topic of a number of analyst reports. Craig Hallum lifted their target price on shares of Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a research note on Friday, March 6th. William Blair reiterated an “outperform” rating on shares of Amprius Technologies in a research note on Friday, March 6th. Needham & Company LLC reissued a “buy” rating and set a $20.00 price target on shares of Amprius Technologies in a report on Tuesday, March 10th. Roth Mkm restated 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, Cantor Fitzgerald upped their price objective on Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Eight analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Amprius Technologies has an average rating of “Moderate Buy” and an average target price of $19.75.

Amprius Technologies Stock Up 14.5%

The firm’s fifty day moving average price is $13.64 and its 200 day moving average price is $11.94. The stock has a market cap of $2.31 billion, a PE ratio of -49.58 and a beta of 3.04.

Amprius Technologies (NYSE:AMPX) last announced its quarterly earnings results on Wednesday, March 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.03. The company had revenue of $25.23 million for the quarter, compared to the consensus estimate of $22.91 million. Amprius Technologies had a negative net margin of 60.30% and a negative return on equity of 24.29%. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, analysts anticipate that Amprius Technologies, Inc. will post -0.45 earnings per share for the current fiscal year.

Insider Transactions at Amprius Technologies

In other Amprius Technologies news, Director Wen Hsuan Hsieh sold 413,146 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $18.44, for a total transaction of $7,618,412.24. Following the completion of the transaction, the director owned 44,444 shares in the company, valued at $819,547.36. This trade represents a 90.29% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Kang Sun sold 217,869 shares of Amprius Technologies stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $18.80, for a total value of $4,095,937.20. Following the completion of the sale, the director directly owned 56,406 shares in the company, valued at approximately $1,060,432.80. The trade was a 79.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 3,147,226 shares of company stock valued at $41,879,047. 12.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Bank of America Corp DE raised its stake in Amprius Technologies by 31.1% during the fourth 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. Ameritas Investment Partners Inc. grew its stake in shares of Amprius Technologies by 2,043.2% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 9,516 shares of the company’s stock worth $40,000 after buying an additional 9,072 shares in the last quarter. Quarry LP bought a new stake in shares of Amprius Technologies in the 3rd quarter worth about $42,000. Rhumbline Advisers raised 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 valued at $42,000 after buying an additional 5,951 shares in the last quarter. Finally, Legal & General Group Plc raised 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 valued at $44,000 after buying an additional 9,684 shares in the last quarter. 5.04% of the stock is owned by hedge funds and other institutional investors.

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.