Thomas Stepien Sells 60,702 Shares of Amprius Technologies (NYSE:AMPX) Stock

Amprius Technologies, Inc. (NYSE:AMPX) CEO Thomas Stepien sold 60,702 shares of the stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $14.79, for a total transaction of $897,782.58. Following the completion of the transaction, the chief executive officer directly owned 699,298 shares of the company’s stock, valued at $10,342,617.42. This trade represents a 7.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Amprius Technologies Stock Down 3.8%

NYSE:AMPX opened at $17.16 on Thursday. Amprius Technologies, Inc. has a 12-month low of $2.55 and a 12-month high of $22.80. The firm has a market capitalization of $2.43 billion, a PE ratio of -57.19 and a beta of 2.20. The firm has a 50-day moving average price of $18.03 and a 200 day moving average price of $13.66.

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 business had revenue of $28.54 million during the quarter, compared to analyst estimates of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, research analysts expect that Amprius Technologies, Inc. will post -0.07 EPS for the current year.

Analysts Set New Price Targets

AMPX has been the subject of several recent research reports. Roth Mkm reissued a “buy” rating on shares of Amprius Technologies in a research report on Friday, May 8th. Craig Hallum increased their price target 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. Northland Securities set a $24.00 price objective on shares of Amprius Technologies in a research note on Monday, May 11th. B. Riley Financial upped their price objective 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. Finally, Wall Street Zen cut shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Eight analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $20.25.

Institutional Trading of Amprius Technologies

Several large investors have recently added to or reduced their stakes in AMPX. Oppenheimer & Co. Inc. increased its holdings in shares of Amprius Technologies by 47.7% in the fourth quarter. Oppenheimer & Co. Inc. now owns 442,090 shares of the company’s stock valued at $3,488,000 after purchasing an additional 142,751 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Amprius Technologies by 37.0% in the third quarter. Vanguard Group Inc. now owns 6,512,620 shares of the company’s stock valued at $68,513,000 after purchasing an additional 1,757,395 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Amprius Technologies in the fourth quarter valued at approximately $2,014,000. Stephens Investment Management Group LLC increased its holdings in shares of Amprius Technologies by 33.1% in the fourth quarter. Stephens Investment Management Group LLC now owns 1,441,698 shares of the company’s stock valued at $11,375,000 after purchasing an additional 358,791 shares in the last quarter. Finally, Tudor Investment Corp ET AL acquired a new stake in shares of Amprius Technologies in the third quarter valued at approximately $7,530,000. 5.04% of the stock is owned by institutional investors.

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.