Amprius Technologies (NYSE:AMPX) Trading 2.6% Higher – Should You Buy?

Amprius Technologies, Inc. (NYSE:AMPX) shares traded up 2.6% during mid-day trading on Monday . The stock traded as high as $19.39 and last traded at $18.6750. 7,154,318 shares traded hands during trading, a decline of 21% from the average session volume of 9,070,048 shares. The stock had previously closed at $18.20.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Oppenheimer reiterated an “outperform” rating and issued a $17.00 target price on shares of Amprius Technologies in a research note on Tuesday, December 23rd. Cantor Fitzgerald raised their price target on shares of Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. Roth Mkm reiterated a “buy” rating and set a $20.00 price objective (up from $16.00) on shares of Amprius Technologies in a research note on Friday, March 6th. William Blair reissued an “outperform” rating on shares of Amprius Technologies in a report on Friday, March 6th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $20.00 target price on shares of Amprius Technologies in a research report on Tuesday, March 10th. Eight equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Amprius Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $19.75.

Amprius Technologies Price Performance

The stock has a fifty day moving average of $12.84 and a 200 day moving average of $11.53. The stock has a market cap of $2.56 billion, a price-to-earnings ratio of -54.92 and a beta of 3.04.

Amprius Technologies (NYSE:AMPX) last posted its quarterly earnings results on Wednesday, March 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.03. Amprius Technologies had a negative net margin of 60.30% and a negative return on equity of 24.29%. The company had revenue of $25.23 million during the quarter, compared to analyst estimates of $22.91 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, equities analysts expect that Amprius Technologies, Inc. will post -0.45 earnings per share for the current fiscal year.

Insider Buying and Selling at Amprius Technologies

In other Amprius Technologies news, Director Steven Chu sold 166,632 shares of the stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $17.92, for a total transaction of $2,986,045.44. Following the sale, the director directly owned 127,339 shares of the company’s stock, valued at approximately $2,281,914.88. This trade represents a 56.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Constantin Ionel Stefan sold 492,827 shares of Amprius Technologies stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of $12.04, for a total value of $5,933,637.08. Following the transaction, the chief technology officer owned 748,696 shares of the company’s stock, valued at $9,014,299.84. The trade was a 39.70% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 2,929,357 shares of company stock worth $37,783,110. 12.80% of the stock is currently owned by company insiders.

Institutional Trading of Amprius Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of AMPX. Bank of America Corp DE raised its position in Amprius Technologies by 31.1% during the fourth quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock valued at $36,000 after acquiring an additional 3,055 shares in the last quarter. AQR Capital Management LLC boosted its position in Amprius Technologies by 86.7% in the 1st quarter. AQR Capital Management LLC now owns 77,764 shares of the company’s stock worth $208,000 after purchasing an additional 36,116 shares in the last quarter. Millennium Management LLC grew its stake in shares of Amprius Technologies by 94.5% during the 1st quarter. Millennium Management LLC now owns 1,396,013 shares of the company’s stock worth $3,741,000 after purchasing an additional 678,442 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of Amprius Technologies by 128.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 244,646 shares of the company’s stock valued at $656,000 after purchasing an additional 137,640 shares in the last quarter. Finally, Rhumbline Advisers increased its holdings in shares of Amprius Technologies by 61.1% during the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after purchasing an additional 5,951 shares in the last quarter. 5.04% of the stock is owned by institutional investors and hedge funds.

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.