Amprius Technologies (NYSE:AMPX) Trading 3.2% Higher – Here’s Why

Amprius Technologies, Inc. (NYSE:AMPX)’s stock price traded up 3.2% during trading on Monday . The stock traded as high as $17.26 and last traded at $16.8280. 4,999,281 shares were traded during mid-day trading, a decline of 44% from the average session volume of 8,885,823 shares. The stock had previously closed at $16.31.

Analyst Ratings Changes

Several research analysts have commented on the company. William Blair reissued an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. Clear Str assumed coverage on Amprius Technologies in a research report on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 price objective on the stock. Craig Hallum raised their price objective on Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a research report on Friday, March 6th. B. Riley Financial raised their price objective on Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, March 9th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $20.00 price objective on shares of Amprius Technologies in a research report on Tuesday, March 10th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.67.

Amprius Technologies Price Performance

The firm has a market capitalization of $2.38 billion, a PE ratio of -56.09 and a beta of 2.12. The stock has a 50-day moving average price of $18.55 and a 200-day moving average price of $14.36.

Amprius Technologies (NYSE:AMPX) last announced its earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, equities research analysts predict that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Donald R. Dixon sold 40,000 shares of Amprius Technologies stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $19.13, for a total transaction of $765,200.00. Following the sale, the director directly owned 444,380 shares of the company’s stock, valued at approximately $8,500,989.40. The trade was a 8.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Thomas M. Stepien sold 2,000 shares of Amprius Technologies stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $20.97, for a total value of $41,940.00. Following the sale, the chief executive officer directly owned 625,625 shares in the company, valued at approximately $13,119,356.25. The trade was a 0.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,943,013 shares of company stock valued at $31,551,484 in the last three months. 5.10% of the stock is owned by insiders.

Hedge Funds Weigh In On Amprius Technologies

Hedge funds have recently bought and sold shares of the company. Oppenheimer & Co. Inc. grew its stake in Amprius Technologies by 47.7% in the fourth quarter. Oppenheimer & Co. Inc. now owns 442,090 shares of the company’s stock worth $3,488,000 after purchasing an additional 142,751 shares in the last quarter. Vanguard Group Inc. grew its stake in Amprius Technologies by 37.0% in the third quarter. Vanguard Group Inc. now owns 6,512,620 shares of the company’s stock worth $68,513,000 after purchasing an additional 1,757,395 shares in the last quarter. SG Americas Securities LLC acquired a new position in Amprius Technologies in the fourth quarter worth about $2,014,000. Stephens Investment Management Group LLC grew its stake in Amprius Technologies by 33.1% in the fourth quarter. Stephens Investment Management Group LLC now owns 1,441,698 shares of the company’s stock worth $11,375,000 after purchasing an additional 358,791 shares in the last quarter. Finally, Tudor Investment Corp ET AL acquired a new position in Amprius Technologies in the third quarter worth about $7,530,000. 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.