Shares of Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report) dropped 6.6% during trading on Friday . The stock traded as low as $9.23 and last traded at $9.2540. Approximately 4,226,537 shares were traded during mid-day trading, a decline of 50% from the average session volume of 8,507,102 shares. The stock had previously closed at $9.91.
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on AMPX shares. Clear Str initiated coverage on Amprius Technologies in a report on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 target price on the stock. Zacks Research downgraded Amprius Technologies from a “hold” rating to a “strong sell” rating in a research note on Monday, July 6th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a report on Friday, July 17th. Roth Capital reiterated a “buy” rating on shares of Amprius Technologies in a research report on Friday, May 8th. Finally, Wall Street Zen downgraded Amprius Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. One research 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. According to MarketBeat, Amprius Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $22.50.
Read Our Latest Analysis on AMPX
Amprius Technologies Stock Performance
Amprius Technologies (NYSE:AMPX – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). Amprius Technologies had a negative net margin of 43.98% and a negative return on equity of 17.48%. 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. As a group, analysts forecast that Amprius Technologies, Inc. will post -0.07 earnings per share for the current year.
Insider Buying and Selling
In other news, Director Kang Sun sold 67,796 shares of Amprius Technologies stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $14.79, for a total value of $1,002,702.84. Following the completion of the transaction, the director owned 1,280,854 shares in the company, valued at approximately $18,943,830.66. The trade was a 5.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Donald R. Dixon sold 85,000 shares of Amprius Technologies stock in a transaction that occurred on 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 transaction, the director owned 359,380 shares of the company’s stock, valued at approximately $6,170,554.60. This trade represents a 19.13% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 310,144 shares of company stock valued at $5,049,997 over the last quarter. Company insiders own 5.10% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the company. KBC Group NV purchased a new stake in shares of Amprius Technologies in the first quarter valued at $57,000. Quarry LP purchased a new position in shares of Amprius Technologies during the 3rd quarter worth about $42,000. Parallel Advisors LLC purchased a new position in shares of Amprius Technologies during the 3rd quarter worth about $54,000. Leonteq Securities AG bought a new position in Amprius Technologies during the 4th quarter valued at about $47,000. Finally, State of Wyoming grew its holdings in Amprius Technologies by 155.2% during the 1st quarter. State of Wyoming now owns 6,041 shares of the company’s stock valued at $102,000 after purchasing an additional 3,674 shares during the last quarter. 5.04% of the stock is owned by hedge funds and other institutional investors.
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.
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