Amprius Technologies (NYSE:AMPX) Shares Down 12.8% After Insider Selling

Amprius Technologies, Inc. (NYSE:AMPX)’s stock price fell 12.8% on Friday following insider selling activity. The stock traded as low as $19.09 and last traded at $19.6590. 8,305,385 shares changed hands during mid-day trading, a decline of 8% from the average session volume of 9,049,501 shares. The stock had previously closed at $22.54.

Specifically, CEO Thomas M. Stepien sold 2,000 shares of the firm’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $20.97, for a total value of $41,940.00. Following the completion of the transaction, the chief executive officer directly owned 625,625 shares of the company’s stock, valued at $13,119,356.25. This trade represents a 0.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Wall Street Analyst Weigh In

Several brokerages have commented on AMPX. Clear Str raised shares of Amprius Technologies to a “strong-buy” rating in a report on Tuesday. Needham & Company LLC reissued a “buy” rating and issued a $20.00 price target on shares of Amprius Technologies in a report on Tuesday, March 10th. Craig Hallum raised 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. Wall Street Zen cut shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, William Blair restated an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $20.25.

Amprius Technologies Stock Performance

The company’s 50-day moving average price is $18.40 and its two-hundred day moving average price is $14.06. The stock has a market cap of $2.78 billion, a PE ratio of -65.53 and a beta of 2.12.

Amprius Technologies (NYSE:AMPX) last posted its quarterly earnings data on Wednesday, May 6th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The company had revenue of $28.54 million for the quarter, compared to analysts’ expectations 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. Equities research analysts forecast that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Institutional Trading of Amprius Technologies

Several institutional investors and hedge funds have recently made changes to their positions in the stock. EWA LLC raised its position in Amprius Technologies by 3.8% in the 4th quarter. EWA LLC now owns 19,958 shares of the company’s stock worth $157,000 after purchasing an additional 723 shares during the period. Victory Capital Management Inc. raised its position in Amprius Technologies by 14.7% in the 3rd quarter. Victory Capital Management Inc. now owns 11,817 shares of the company’s stock worth $124,000 after purchasing an additional 1,516 shares during the period. Graham Capital Management L.P. raised its position in Amprius Technologies by 3.2% in the 4th quarter. Graham Capital Management L.P. now owns 49,596 shares of the company’s stock worth $391,000 after purchasing an additional 1,551 shares during the period. The Manufacturers Life Insurance Company raised its position in Amprius Technologies by 5.1% in the 4th quarter. The Manufacturers Life Insurance Company now owns 33,280 shares of the company’s stock worth $263,000 after purchasing an additional 1,621 shares during the period. Finally, First Trust Advisors LP raised its position in Amprius Technologies by 6.7% in the 4th quarter. First Trust Advisors LP now owns 32,744 shares of the company’s stock worth $258,000 after purchasing an additional 2,066 shares during the period. Hedge funds and other institutional investors own 5.04% of the company’s stock.

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.