Amprius Technologies (NYSE:AMPX) Stock Price Down 7.9% – Here’s What Happened

Amprius Technologies, Inc. (NYSE:AMPX) shares fell 7.9% during trading on Tuesday . The stock traded as low as $15.40 and last traded at $15.4940. 6,247,189 shares traded hands during trading, a decline of 29% from the average session volume of 8,852,613 shares. The stock had previously closed at $16.82.

Wall Street Analyst Weigh In

Several brokerages have commented on AMPX. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a research note on Monday, April 20th. Clear Str began coverage on Amprius Technologies in a research note on Tuesday, June 2nd. They set a “strong-buy” rating and a $33.00 target price on the stock. B. Riley Financial increased their target price on Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, March 9th. Roth Mkm reiterated a “buy” rating on shares of Amprius Technologies in a research note on Friday, May 8th. Finally, Northland Securities set a $24.00 price target on Amprius Technologies in a research note on Monday, May 11th. One investment 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 company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $21.67.

Amprius Technologies Trading Down 7.9%

The stock has a market capitalization of $2.19 billion, a PE ratio of -51.64 and a beta of 2.12. The stock has a 50 day moving average price of $18.57 and a 200-day moving average price of $14.40.

Amprius Technologies (NYSE:AMPX) last released its quarterly 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). The firm had revenue of $28.54 million during the quarter, compared to analysts’ expectations of $25.72 million. Amprius Technologies had a negative return on equity of 17.48% and a negative net margin of 43.98%.Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. Research analysts forecast that Amprius Technologies, Inc. will post -0.07 earnings per share for the current year.

Insider Buying and Selling at Amprius Technologies

In other Amprius Technologies news, Director Kang Sun sold 67,796 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $14.79, for a total transaction of $1,002,702.84. Following the completion of the sale, the director directly owned 1,280,854 shares of the company’s stock, valued at approximately $18,943,830.66. This represents a 5.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 40,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The shares were 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. This represents a 8.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,943,013 shares of company stock valued at $31,551,484 in the last ninety days. Corporate insiders own 5.10% of the company’s stock.

Hedge Funds Weigh In On Amprius Technologies

Institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE raised its holdings in Amprius Technologies by 31.1% in the 4th quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after purchasing an additional 3,055 shares during the period. Quarry LP bought a new position in Amprius Technologies in the 3rd quarter worth $42,000. Rhumbline Advisers raised its holdings in Amprius Technologies by 61.1% in the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock worth $42,000 after purchasing an additional 5,951 shares during the period. Legal & General Group Plc raised its holdings in Amprius Technologies by 1,385.4% in the 2nd quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock worth $44,000 after purchasing an additional 9,684 shares during the period. Finally, XTX Topco Ltd bought a new position in Amprius Technologies in the 2nd quarter worth $44,000. 5.04% of the stock is owned by institutional investors.

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.