Thomas Stepien Sells 2,000 Shares of Amprius Technologies (NYSE:AMPX) Stock

Amprius Technologies, Inc. (NYSE:AMPX) CEO Thomas Stepien sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $20.97, for a total transaction of $41,940.00. Following the sale, the chief executive officer owned 625,625 shares in the company, valued at approximately $13,119,356.25. This trade represents a 0.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Amprius Technologies Stock Performance

NYSE AMPX traded down $2.88 during mid-day trading on Friday, reaching $19.66. 8,315,436 shares of the stock were exchanged, compared to its average volume of 9,049,840. Amprius Technologies, Inc. has a 1-year low of $2.65 and a 1-year high of $24.23. The business’s fifty day simple moving average is $18.40 and its 200 day simple moving average is $14.06. The stock has a market capitalization of $2.78 billion, a PE ratio of -65.53 and a beta of 2.12.

Amprius Technologies (NYSE:AMPX) last announced its quarterly 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). The company had revenue of $28.54 million during 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. On average, analysts anticipate that Amprius Technologies, Inc. will post -0.07 EPS for the current year.

Hedge Funds Weigh In On Amprius Technologies

A number of hedge funds have recently made changes to their positions in the business. Janus Henderson Group PLC raised its stake in shares of Amprius Technologies by 35.2% in the 1st quarter. Janus Henderson Group PLC now owns 52,803 shares of the company’s stock valued at $889,000 after acquiring an additional 13,750 shares during the period. Amundi raised its stake in shares of Amprius Technologies by 17.3% in the 1st quarter. Amundi now owns 164,589 shares of the company’s stock valued at $2,775,000 after acquiring an additional 24,283 shares during the period. California State Teachers Retirement System raised its stake in shares of Amprius Technologies by 48.2% in the 1st quarter. California State Teachers Retirement System now owns 159,903 shares of the company’s stock valued at $2,696,000 after acquiring an additional 51,973 shares during the period. Royal Bank of Canada raised its stake in shares of Amprius Technologies by 10.9% in the 1st quarter. Royal Bank of Canada now owns 101,914 shares of the company’s stock valued at $1,718,000 after acquiring an additional 9,998 shares during the period. Finally, The Manufacturers Life Insurance Company raised its stake in shares of Amprius Technologies by 76.7% in the 1st quarter. The Manufacturers Life Insurance Company now owns 58,790 shares of the company’s stock valued at $991,000 after acquiring an additional 25,510 shares during the period. Hedge funds and other institutional investors own 5.04% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on AMPX. Cantor Fitzgerald lifted their price target on shares of Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Wall Street Zen lowered shares of Amprius Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Craig Hallum lifted their price target on shares of Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a report on Friday, March 6th. B. Riley Financial lifted their price target 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. Finally, William Blair reiterated 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 given a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $20.25.

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.