Amprius Technologies (NYSE:AMPX) CEO Sells $41,940.00 in 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 completion of the sale, the chief executive officer directly owned 625,625 shares in the company, valued at $13,119,356.25. This represents a 0.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Amprius Technologies Stock Performance

AMPX opened at $19.66 on Monday. The company’s 50 day simple moving average is $18.44 and its 200 day simple moving average is $14.13. Amprius Technologies, Inc. has a 1 year low of $2.65 and a 1 year high of $24.23. 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 released its earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.02). Amprius Technologies had a negative return on equity of 17.48% and a negative net margin of 43.98%.The company had revenue of $28.54 million during the quarter, compared to analyst estimates of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, sell-side analysts expect that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on AMPX shares. Clear Str raised shares of Amprius Technologies to a “strong-buy” rating in a research report on Tuesday, June 2nd. Cantor Fitzgerald raised 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. Needham & Company LLC reaffirmed a “buy” rating and set a $20.00 price target on shares of Amprius Technologies in a research report on Tuesday, March 10th. William Blair reaffirmed an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. Finally, 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 research report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Amprius Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $20.25.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of AMPX. Bank of America Corp DE lifted its position 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 buying an additional 3,055 shares in the last quarter. AQR Capital Management LLC lifted its position in Amprius Technologies by 86.7% during the first quarter. AQR Capital Management LLC now owns 77,764 shares of the company’s stock valued at $208,000 after buying an additional 36,116 shares in the last quarter. Millennium Management LLC lifted its position in Amprius Technologies by 94.5% during the first quarter. Millennium Management LLC now owns 1,396,013 shares of the company’s stock valued at $3,741,000 after buying an additional 678,442 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Amprius Technologies by 128.6% during the first quarter. Goldman Sachs Group Inc. now owns 244,646 shares of the company’s stock valued at $656,000 after buying an additional 137,640 shares in the last quarter. Finally, Rhumbline Advisers lifted its position in Amprius Technologies by 61.1% during the first 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. 5.04% of the stock is owned by institutional investors and hedge funds.

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.