Amprius Technologies (NYSE:AMPX) Stock Price Up 2.6% – Here’s What Happened

Amprius Technologies, Inc. (NYSE:AMPX)’s stock price rose 2.6% during mid-day trading on Monday . The company traded as high as $19.39 and last traded at $18.6750. Approximately 7,154,318 shares were traded during trading, a decline of 21% from the average daily volume of 9,070,048 shares. The stock had previously closed at $18.20.

Wall Street Analysts Forecast Growth

AMPX has been the topic of several analyst reports. 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. Roth Mkm restated a “buy” rating and set a $20.00 price objective (up from $16.00) on shares of Amprius Technologies in a research report on Friday, March 6th. Needham & Company LLC restated a “buy” rating and set a $20.00 target price on shares of Amprius Technologies in a research note 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 report on Friday, March 6th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $17.00 price target on shares of Amprius Technologies in a research note on Tuesday, December 23rd. Eight research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Amprius Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $19.75.

Amprius Technologies Price Performance

The stock’s 50-day moving average is $13.18 and its two-hundred day moving average is $11.69. The stock has a market cap of $2.45 billion, a P/E ratio of -52.69 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. Amprius Technologies had a negative net margin of 60.30% and a negative return on equity of 24.29%. The company had revenue of $25.23 million for the quarter, compared to the consensus estimate of $22.91 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, analysts anticipate that Amprius Technologies, Inc. will post -0.45 EPS for the current fiscal year.

Insider Transactions at Amprius Technologies

In other news, Director Kang Sun sold 950,548 shares of the stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $11.07, for a total transaction of $10,522,566.36. Following the completion of the transaction, the director directly owned 1,403,651 shares in the company, valued at approximately $15,538,416.57. This represents a 40.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Wen Hsuan Hsieh sold 413,146 shares of the firm’s stock in a transaction on Thursday, March 12th. The shares were 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 directly owned 44,444 shares of the company’s stock, valued at approximately $819,547.36. This trade represents a 90.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,147,226 shares of company stock valued at $41,879,047 in the last ninety days. Corporate insiders own 12.80% of the company’s stock.

Hedge Funds Weigh In On Amprius Technologies

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

Amprius Technologies Company Profile

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.