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

Amprius Technologies, Inc. (NYSE:AMPX)’s share price traded down 3.3% during mid-day trading on Monday . The stock traded as low as $15.27 and last traded at $15.6360. 4,853,959 shares traded hands during 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 Analyst Weigh In

AMPX has been the topic of a number of recent research reports. Roth Mkm reaffirmed a “buy” rating on shares of Amprius Technologies in a research note on Friday, May 8th. William Blair reissued an “outperform” rating on shares of Amprius Technologies in a report on Friday, March 6th. Needham & Company LLC restated a “buy” rating and issued a $20.00 price objective on shares of Amprius Technologies in a research report on Tuesday, March 10th. Craig Hallum lifted their price objective on Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Finally, B. Riley Financial boosted their target price on shares of Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, March 9th. 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 stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $21.67.

Amprius Technologies Trading Down 3.3%

The company’s 50 day simple moving average is $18.48 and its 200 day simple moving average is $14.54. The stock has a market capitalization of $2.21 billion, a PE ratio of -52.12 and a beta of 2.12.

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

Insider Activity at Amprius Technologies

In other news, Director Donald R. Dixon sold 85,000 shares of Amprius Technologies stock in a transaction dated 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 transaction, the director directly owned 359,380 shares of the company’s stock, valued at $6,170,554.60. The trade was a 19.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Kang Sun sold 1,500,000 shares of Amprius Technologies 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 transaction, the director directly owned 1,342,400 shares in the company, valued at approximately $21,357,584. This trade represents a 52.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 1,810,144 shares of company stock valued at $28,914,997. Insiders own 5.10% of the company’s stock.

Hedge Funds Weigh In On Amprius Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of America Corp DE boosted its position in Amprius Technologies by 31.1% during the 4th quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after purchasing an additional 3,055 shares during the period. Quarry LP acquired a new position in shares of Amprius Technologies during the third quarter worth about $42,000. Rhumbline Advisers lifted its stake in shares of Amprius Technologies by 61.1% during the first quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock worth $42,000 after purchasing an additional 5,951 shares in the last quarter. Legal & General Group Plc boosted its position in shares of Amprius Technologies by 1,385.4% in the second quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock worth $44,000 after buying an additional 9,684 shares during the period. Finally, XTX Topco Ltd purchased a new stake in shares of Amprius Technologies in the second quarter worth about $44,000. Institutional investors and hedge funds 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.