Amprius Technologies (NYSE:AMPX) Stock Price Up 24.2% – Should You Buy?

Shares of Amprius Technologies, Inc. (NYSE:AMPXGet Free Report) rose 24.2% during mid-day trading on Thursday . The stock traded as high as $22.11 and last traded at $21.3110. Approximately 25,220,907 shares traded hands during trading, an increase of 179% from the average daily volume of 9,050,681 shares. The stock had previously closed at $17.16.

Trending Headlines about Amprius Technologies

Here are the key news stories impacting Amprius Technologies this week:

Wall Street Analysts Forecast Growth

AMPX has been the subject of several research reports. Wall Street Zen downgraded shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Northland Securities set a $24.00 price objective on shares of Amprius Technologies in a research report on Monday, May 11th. B. Riley Financial increased their price objective on shares of Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, March 9th. William Blair reissued an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. Finally, Needham & Company LLC reissued a “buy” rating and set a $20.00 price objective on shares of Amprius Technologies in a research report on Tuesday, March 10th. Eight analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $20.25.

Get Our Latest Analysis on Amprius Technologies

Amprius Technologies Stock Down 2.8%

The company’s fifty day moving average is $18.09 and its 200 day moving average is $13.77. The firm has a market cap of $2.87 billion, a price-to-earnings ratio of -67.56 and a beta of 2.20.

Amprius Technologies (NYSE:AMPXGet Free Report) last announced its earnings results on Wednesday, May 6th. The company reported ($0.04) 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 for the quarter, compared to analyst estimates of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, equities research analysts forecast that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.

Insider Buying and Selling at Amprius Technologies

In other Amprius Technologies news, CEO Thomas M. Stepien sold 60,702 shares of the stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $14.79, for a total value of $897,782.58. Following the completion of the sale, the chief executive officer owned 699,298 shares in the company, valued at $10,342,617.42. This trade represents a 7.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kang Sun sold 1,500,000 shares of the stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $15.91, for a total transaction of $23,865,000.00. Following the completion of the sale, the director owned 1,342,400 shares of the company’s stock, valued at approximately $21,357,584. This represents a 52.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,636,356 shares of company stock valued at $44,226,754 in the last three months. 5.10% of the stock is currently owned by insiders.

Institutional Trading of Amprius Technologies

Large investors have recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake in Amprius Technologies by 31.1% in 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 during the last quarter. Quarry LP acquired a new stake in Amprius Technologies in the third quarter valued at $42,000. Rhumbline Advisers lifted its stake in Amprius Technologies by 61.1% in the first quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after acquiring an additional 5,951 shares during the last quarter. Legal & General Group Plc lifted its stake in Amprius Technologies by 1,385.4% in the second quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock valued at $44,000 after acquiring an additional 9,684 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in Amprius Technologies in the second quarter valued at $44,000. Institutional investors and hedge funds own 5.04% of the company’s stock.

Amprius Technologies Company Profile

(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.

Read More

Receive News & Ratings for Amprius Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amprius Technologies and related companies with MarketBeat.com's FREE daily email newsletter.