Amprius Technologies (NYSE:AMPX) Trading Down 2.5% – Here’s Why

Shares of Amprius Technologies, Inc. (NYSE:AMPX) were down 2.5% during trading on Tuesday . The company traded as low as $14.79 and last traded at $15.48. Approximately 6,427,765 shares were traded during mid-day trading, a decline of 27% from the average daily volume of 8,838,300 shares. The stock had previously closed at $15.87.

Analysts Set New Price Targets

A number of brokerages recently issued reports on AMPX. Needham & Company LLC reiterated a “buy” rating and issued a $20.00 price objective on shares of Amprius Technologies in a report on Tuesday, March 10th. Northland Securities set a $24.00 price objective on shares of Amprius Technologies in a report on Monday, May 11th. Craig Hallum raised their price objective 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. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. Finally, B. Riley Financial raised their price objective 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. Eight research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $20.25.

Amprius Technologies Stock Performance

The business’s fifty day moving average is $18.16 and its 200-day moving average is $13.54. The firm has a market cap of $2.16 billion, a P/E ratio of -50.86 and a beta of 2.20.

Amprius Technologies (NYSE:AMPX) last issued its quarterly earnings data on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). Amprius Technologies had a negative net margin of 43.98% and a negative return on equity of 17.48%. The business had revenue of $28.54 million during the quarter, compared to the consensus estimate of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. Analysts predict that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.

Insider Activity

In other Amprius Technologies news, Director Kang Sun sold 1,500,000 shares of the firm’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 completion of the transaction, the director owned 1,342,400 shares in the company, valued at approximately $21,357,584. This trade represents a 52.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Wen Hsuan Hsieh sold 413,146 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $18.44, for a total transaction of $7,618,412.24. Following the transaction, the director owned 44,444 shares of the company’s stock, valued at approximately $819,547.36. The trade was a 90.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,539,829 shares of company stock worth $42,323,376 in the last 90 days. 5.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. EWA LLC increased its stake in shares of Amprius Technologies by 3.8% in the 4th quarter. EWA LLC now owns 19,958 shares of the company’s stock valued at $157,000 after acquiring an additional 723 shares in the last quarter. Victory Capital Management Inc. increased its stake in shares of Amprius Technologies by 14.7% in the 3rd quarter. Victory Capital Management Inc. now owns 11,817 shares of the company’s stock valued at $124,000 after acquiring an additional 1,516 shares in the last quarter. Graham Capital Management L.P. increased its stake in shares of Amprius Technologies by 3.2% in the 4th quarter. Graham Capital Management L.P. now owns 49,596 shares of the company’s stock valued at $391,000 after acquiring an additional 1,551 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of Amprius Technologies by 5.1% in the 4th quarter. The Manufacturers Life Insurance Company now owns 33,280 shares of the company’s stock valued at $263,000 after acquiring an additional 1,621 shares in the last quarter. Finally, First Trust Advisors LP increased its stake in shares of Amprius Technologies by 6.7% in the 4th quarter. First Trust Advisors LP now owns 32,744 shares of the company’s stock valued at $258,000 after acquiring an additional 2,066 shares in the last quarter. Institutional investors own 5.04% of the company’s stock.

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.