Amprius Technologies (NYSE:AMPX) Trading Down 2.6% – Time to Sell?

Amprius Technologies, Inc. (NYSE:AMPX) shares dropped 2.6% on Wednesday . The company traded as low as $14.25 and last traded at $15.08. Approximately 14,469,086 shares were traded during mid-day trading, an increase of 63% from the average daily volume of 8,897,445 shares. The stock had previously closed at $15.48.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on AMPX shares. Craig Hallum boosted their price objective on shares of Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Roth Mkm reissued a “buy” rating on shares of Amprius Technologies in a research report on Friday, May 8th. Needham & Company LLC reissued a “buy” rating and issued a $20.00 price objective on shares of Amprius Technologies in a research report on Tuesday, March 10th. Wall Street Zen lowered shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, Northland Securities set a $24.00 price objective on shares of Amprius Technologies in a research report on Monday, May 11th. Eight investment 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, Amprius Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $20.25.

Amprius Technologies Price Performance

The company’s 50-day simple moving average is $18.16 and its 200-day simple moving average is $13.54. The stock has a market capitalization of $2.27 billion, a P/E ratio of -53.39 and a beta of 2.20.

Amprius Technologies (NYSE:AMPX) last posted its quarterly 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 firm had revenue of $28.54 million for the quarter, compared to the consensus estimate of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, analysts forecast that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Wen Hsuan Hsieh sold 413,146 shares of the company’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $18.44, for a total value of $7,618,412.24. Following the transaction, the director directly owned 44,444 shares in the company, valued at approximately $819,547.36. This represents a 90.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CTO Constantin Ionel Stefan sold 25,366 shares of the company’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $10.16, for a total transaction of $257,718.56. Following the completion of the transaction, the chief technology officer owned 723,330 shares in the company, valued at $7,349,032.80. This trade represents a 3.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 2,539,829 shares of company stock valued at $42,323,376. 5.10% of the stock is owned by insiders.

Hedge Funds Weigh In On Amprius Technologies

Institutional investors and hedge funds have recently modified their holdings of the business. KBC Group NV acquired a new position in shares of Amprius Technologies in the first quarter valued at about $57,000. Quarry LP acquired a new position in shares of Amprius Technologies in the third quarter valued at about $42,000. Jones Financial Companies Lllp grew its stake in shares of Amprius Technologies by 353.2% in the third quarter. Jones Financial Companies Lllp now owns 4,532 shares of the company’s stock valued at $50,000 after acquiring an additional 3,532 shares in the last quarter. Parallel Advisors LLC acquired a new position in shares of Amprius Technologies in the third quarter valued at about $54,000. Finally, Leonteq Securities AG acquired a new position in shares of Amprius Technologies in the fourth quarter valued at about $47,000. 5.04% of the stock is currently owned by institutional investors and hedge funds.

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.