Amprius Technologies, Inc. (NYSE:AMPX) Short Interest Up 20.3% in April

Amprius Technologies, Inc. (NYSE:AMPX) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totaling 21,551,498 shares, an increase of 20.3% from the March 31st total of 17,909,138 shares. Approximately 18.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,288,161 shares, the short-interest ratio is presently 3.0 days.

Amprius Technologies Price Performance

AMPX opened at $20.83 on Friday. The company has a market cap of $2.85 billion, a price-to-earnings ratio of -61.27 and a beta of 2.21. The firm has a 50 day simple moving average of $16.95 and a 200 day simple moving average of $13.10. Amprius Technologies has a fifty-two week low of $2.16 and a fifty-two week high of $22.80.

Amprius Technologies (NYSE:AMPX) last posted its quarterly earnings results on Wednesday, March 4th. The company reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.03. The business had revenue of $25.23 million during 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 expect that Amprius Technologies will post -0.03 EPS for the current year.

Insider Activity at Amprius Technologies

In other news, Director Kang Sun sold 1,500,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The shares were 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Steven Chu sold 166,632 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was 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 in the company, valued at $2,281,914.88. The trade was a 56.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,539,829 shares of company stock valued at $42,323,376 over the last ninety days. Company insiders own 12.90% of the company’s stock.

Institutional Investors Weigh In On Amprius Technologies

A number of institutional investors and hedge funds have recently modified their holdings of AMPX. Bank of America Corp DE raised its stake in shares of Amprius Technologies by 31.1% during the fourth 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 during the last quarter. AQR Capital Management LLC raised its stake in shares of Amprius Technologies by 86.7% during the first quarter. AQR Capital Management LLC now owns 77,764 shares of the company’s stock worth $208,000 after buying an additional 36,116 shares during the last quarter. Millennium Management LLC raised its stake in shares of Amprius Technologies by 94.5% during the first quarter. Millennium Management LLC now owns 1,396,013 shares of the company’s stock worth $3,741,000 after buying an additional 678,442 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Amprius Technologies by 128.6% during the first quarter. Goldman Sachs Group Inc. now owns 244,646 shares of the company’s stock worth $656,000 after buying an additional 137,640 shares during the last quarter. Finally, Rhumbline Advisers raised its stake in shares of Amprius Technologies by 61.1% during the first quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock worth $42,000 after buying an additional 5,951 shares during the last quarter. 5.04% of the stock is owned by institutional investors.

Analyst Ratings Changes

AMPX has been the topic of a number of research reports. Roth Mkm reiterated a “buy” rating and set a $20.00 target price (up from $16.00) on shares of Amprius Technologies in a research report on Friday, March 6th. B. Riley Financial upped their target price on shares of Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, March 9th. Needham & Company LLC reiterated a “buy” rating and set a $20.00 target price on shares of Amprius Technologies in a research report on Tuesday, March 10th. Cantor Fitzgerald upped their target price on shares of Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. Finally, William Blair reiterated an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $19.75.

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.