Thomas Stepien Sells 2,000 Shares of Amprius Technologies (NYSE:AMPX) Stock

Amprius Technologies, Inc. (NYSE:AMPXGet Free Report) CEO Thomas Stepien sold 2,000 shares of the business’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 value of $41,940.00. Following the completion of the transaction, the chief executive officer directly owned 625,625 shares of the company’s stock, valued at $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 is available through the SEC website.

Amprius Technologies Trading Down 12.8%

Shares of NYSE:AMPX opened at $19.66 on Friday. The company has a market capitalization of $2.78 billion, a PE ratio of -65.53 and a beta of 2.12. The business has a 50 day moving average of $18.44 and a two-hundred day moving average of $14.10. Amprius Technologies, Inc. has a 12-month low of $2.65 and a 12-month high of $24.23.

Amprius Technologies (NYSE:AMPXGet Free Report) last announced its 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). The business had revenue of $28.54 million for the quarter, compared to analyst estimates 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 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Amprius Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in the business. EWA LLC raised its position in shares of Amprius Technologies by 3.8% during the 4th quarter. EWA LLC now owns 19,958 shares of the company’s stock worth $157,000 after acquiring an additional 723 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of Amprius Technologies by 14.7% in the 3rd quarter. Victory Capital Management Inc. now owns 11,817 shares of the company’s stock valued at $124,000 after purchasing an additional 1,516 shares during the last quarter. Graham Capital Management L.P. boosted its stake in shares of Amprius Technologies by 3.2% in the fourth quarter. Graham Capital Management L.P. now owns 49,596 shares of the company’s stock valued at $391,000 after buying an additional 1,551 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of Amprius Technologies by 5.1% in the fourth quarter. The Manufacturers Life Insurance Company now owns 33,280 shares of the company’s stock valued at $263,000 after buying an additional 1,621 shares in the last quarter. Finally, First Trust Advisors LP boosted its stake in shares of Amprius Technologies by 6.7% in the fourth quarter. First Trust Advisors LP now owns 32,744 shares of the company’s stock valued at $258,000 after buying an additional 2,066 shares in the last quarter. Institutional investors and hedge funds own 5.04% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on AMPX. Wall Street Zen downgraded Amprius Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Roth Mkm restated a “buy” rating on shares of Amprius Technologies in a report on Friday, May 8th. William Blair reiterated an “outperform” rating on shares of Amprius Technologies in a report on Friday, March 6th. Needham & Company LLC reissued a “buy” rating and set a $20.00 target price on shares of Amprius Technologies in a research note on Tuesday, March 10th. Finally, Craig Hallum increased their target price on Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $20.25.

View Our Latest Research Report on AMPX

About Amprius Technologies

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Amprius Technologies (NYSE:AMPX)

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