Amprius Technologies (NYSE:AMPX) Shares Down 6.3% – Should You Sell?

Amprius Technologies, Inc. (NYSE:AMPX)’s share price dropped 6.3% during mid-day trading on Tuesday . The stock traded as low as $8.75 and last traded at $9.1010. 6,188,040 shares changed hands during mid-day trading, a decline of 27% from the average daily volume of 8,466,479 shares. The stock had previously closed at $9.71.

Analyst Ratings Changes

Several equities analysts have weighed in on AMPX shares. Zacks Research downgraded shares of Amprius Technologies from a “hold” rating to a “strong sell” rating in a report on Monday, July 6th. Wall Street Zen downgraded shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Roth Capital restated a “buy” rating on shares of Amprius Technologies in a research note on Friday, May 8th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a report on Friday, July 17th. Finally, Clear Str began coverage on shares of Amprius Technologies in a report on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $22.50.

Amprius Technologies Trading Down 6.3%

The firm has a 50 day moving average of $14.72 and a 200-day moving average of $14.92. The company has a market cap of $1.29 billion, a P/E ratio of -30.34 and a beta of 2.25.

Amprius Technologies (NYSE:AMPX) last posted its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share 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 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. Equities analysts predict that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.

Insider Activity at Amprius Technologies

In other news, CEO Thomas M. Stepien sold 2,000 shares of Amprius Technologies stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $20.97, for a total value of $41,940.00. Following the sale, the chief executive officer directly owned 625,625 shares of the company’s stock, valued at approximately $13,119,356.25. The trade was a 0.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Donald R. Dixon sold 85,000 shares of the business’s 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 completion of the sale, the director owned 359,380 shares in the company, valued at $6,170,554.60. This represents a 19.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 310,144 shares of company stock worth $5,049,997 in the last quarter. 5.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On Amprius Technologies

Institutional investors have recently added to or reduced their stakes in the company. KBC Group NV bought a new stake in Amprius Technologies in the 1st quarter worth approximately $57,000. Quarry LP bought a new position in shares of Amprius Technologies during the 3rd quarter valued at approximately $42,000. Parallel Advisors LLC purchased a new position in shares of Amprius Technologies in the third quarter valued at $54,000. Leonteq Securities AG purchased a new position in shares of Amprius Technologies in the fourth quarter valued at $47,000. Finally, State of Wyoming increased its position in Amprius Technologies by 155.2% in the first quarter. State of Wyoming now owns 6,041 shares of the company’s stock worth $102,000 after purchasing an additional 3,674 shares during the last quarter. Hedge funds and other institutional investors own 5.04% of the company’s stock.

About Amprius Technologies

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.