Amprius Technologies (NYSE:AMPX) Trading Down 3.3% – Here’s Why

Amprius Technologies, Inc. (NYSE:AMPX) dropped 3.3% on Monday . The company traded as low as $15.27 and last traded at $15.6360. 4,853,959 shares changed hands during mid-day trading, a decline of 45% from the average daily volume of 8,818,856 shares. The stock had previously closed at $16.17.

Wall Street Analysts Forecast Growth

AMPX has been the subject of several recent research reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a research report on Monday, April 20th. Wall Street Zen downgraded shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Needham & Company LLC reaffirmed a “buy” rating and set a $20.00 price target on shares of Amprius Technologies in a report on Tuesday, March 10th. William Blair reaffirmed an “outperform” rating on shares of Amprius Technologies in a research note on Friday, March 6th. Finally, 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 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 assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $21.67.

Amprius Technologies Stock Down 3.3%

The business’s 50 day moving average is $18.48 and its 200-day moving average is $14.54. The firm has a market cap of $2.21 billion, a P/E ratio of -52.12 and a beta of 2.12.

Amprius Technologies (NYSE:AMPX) last issued its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) EPS 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 the consensus estimate of $25.72 million. Amprius Technologies had a negative return on equity of 17.48% and a negative net margin of 43.98%.Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, equities analysts predict that Amprius Technologies, Inc. will post -0.07 earnings per share for the current year.

Insider Buying and Selling

In other Amprius Technologies news, Director Donald R. Dixon sold 85,000 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $17.17, for a total value of $1,459,450.00. Following the sale, the director directly owned 359,380 shares in the company, valued at approximately $6,170,554.60. This trade represents a 19.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Thomas M. Stepien sold 2,000 shares of the business’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $20.97, for a total transaction of $41,940.00. Following the transaction, the chief executive officer directly owned 625,625 shares of the company’s stock, valued at approximately $13,119,356.25. This trade represents a 0.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,810,144 shares of company stock valued at $28,914,997 over the last three months. Corporate insiders own 5.10% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. EWA LLC grew 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 last quarter. Victory Capital Management Inc. raised its holdings in shares of Amprius Technologies by 14.7% during the third quarter. Victory Capital Management Inc. now owns 11,817 shares of the company’s stock valued at $124,000 after buying an additional 1,516 shares during the last quarter. Graham Capital Management L.P. boosted its position in shares of Amprius Technologies by 3.2% during 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 period. The Manufacturers Life Insurance Company boosted its position in shares of 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 grew its holdings 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 buying an additional 2,066 shares in the last quarter. 5.04% of the stock is 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.