Amprius Technologies (NYSE:AMPX) Shares Down 4.4% on Insider Selling

Amprius Technologies, Inc. (NYSE:AMPX) was down 4.4% during mid-day trading on Thursday after an insider sold shares in the company. The company traded as low as $16.79 and last traded at $17.1430. Approximately 5,895,883 shares traded hands during mid-day trading, a decline of 34% from the average daily volume of 8,990,536 shares. The stock had previously closed at $17.93.

Specifically, Director Kang Sun sold 217,869 shares of Amprius Technologies stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $18.80, for a total transaction of $4,095,937.20. Following the completion of the sale, the director directly owned 56,406 shares in the company, valued at $1,060,432.80. The trade was a 79.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. B. Riley Financial increased their price objective on Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, March 9th. Roth Mkm reiterated a “buy” rating and issued a $20.00 target price (up from $16.00) on shares of Amprius Technologies in a research note on Friday, March 6th. Cantor Fitzgerald boosted their target price on shares of Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. Needham & Company LLC restated a “buy” rating and set a $20.00 price target on shares of Amprius Technologies in a research note on Tuesday, March 10th. Finally, Oppenheimer restated an “outperform” rating and set a $17.00 price target on shares of Amprius Technologies in a report on Tuesday, December 23rd. Eight research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $19.75.

Amprius Technologies Trading Down 4.4%

The stock has a market capitalization of $2.35 billion, a price-to-earnings ratio of -50.42 and a beta of 3.04. The company has a fifty day moving average of $13.33 and a two-hundred day moving average of $11.73.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Alberta Investment Management Corp bought a new position in Amprius Technologies in the 4th quarter worth $1,001,000. Vident Advisory LLC acquired a new position in Amprius Technologies during the 4th quarter worth $107,000. Summit Securities Group LLC bought a new stake in Amprius Technologies during the fourth quarter valued at about $54,000. Numerai GP LLC boosted its holdings in Amprius Technologies by 29.1% during the fourth quarter. Numerai GP LLC now owns 96,209 shares of the company’s stock valued at $759,000 after acquiring an additional 21,698 shares during the period. Finally, Osterweis Capital Management Inc. grew its position in shares of Amprius Technologies by 142.6% in the fourth quarter. Osterweis Capital Management Inc. now owns 454,830 shares of the company’s stock valued at $3,589,000 after purchasing an additional 267,385 shares during the last quarter. 5.04% of the stock is currently owned by institutional investors and hedge funds.

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.