Amprius Technologies (NYSE:AMPX) Shares Down 12.8% After Insider Selling

Amprius Technologies, Inc. (NYSE:AMPXGet Free Report)’s stock price traded down 12.8% during trading on Friday after an insider sold shares in the company. The company traded as low as $19.09 and last traded at $19.6590. 8,305,385 shares traded hands during mid-day trading, a decline of 8% from the average session volume of 9,049,501 shares. The stock had previously closed at $22.54.

Specifically, CEO Thomas M. Stepien sold 2,000 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer owned 625,625 shares in the company, valued at $13,119,356.25. This trade represents a 0.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. B. Riley Financial raised their price target on shares of Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday, March 9th. Cantor Fitzgerald raised their price target on shares of Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. Craig Hallum raised 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. Finally, Northland Securities set a $24.00 price objective on shares of Amprius Technologies in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $20.25.

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Amprius Technologies Trading Down 12.8%

The company’s fifty day moving average is $18.40 and its 200 day moving average is $14.06. The company has a market capitalization of $2.78 billion, a P/E ratio of -65.53 and a beta of 2.12.

Amprius Technologies (NYSE:AMPXGet Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The business had revenue of $28.54 million during 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. Equities research analysts predict that Amprius Technologies, Inc. will post -0.07 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. KBC Group NV bought a new position in Amprius Technologies in the 1st quarter valued at $57,000. Quarry LP bought a new position in Amprius Technologies in the 3rd quarter valued at $42,000. Jones Financial Companies Lllp boosted its holdings in Amprius Technologies by 353.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 4,532 shares of the company’s stock valued at $50,000 after purchasing an additional 3,532 shares during the period. Parallel Advisors LLC bought a new position in Amprius Technologies in the 3rd quarter valued at $54,000. Finally, Leonteq Securities AG bought a new position in Amprius Technologies in the 4th quarter valued at $47,000. 5.04% of the stock is owned by institutional investors.

Amprius Technologies Company Profile

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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.

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