Amprius Technologies (NYSE:AMPX) Trading Down 11.3% – What’s Next?

Amprius Technologies, Inc. (NYSE:AMPX)’s share price fell 11.3% on Thursday . The stock traded as low as $9.80 and last traded at $10.0530. Approximately 9,722,803 shares changed hands during trading, an increase of 12% from the average daily volume of 8,673,086 shares. The stock had previously closed at $11.34.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on AMPX. Northland Securities set a $24.00 price objective on Amprius Technologies in a report on Monday, May 11th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. Clear Str started coverage on Amprius Technologies in a research report on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 target price on the stock. Zacks Research downgraded shares of Amprius Technologies from a “hold” rating to a “strong sell” rating in a report on Monday, July 6th. Finally, JonesTrading started coverage on shares of Amprius Technologies in a research report on Friday, July 10th. They set a “buy” rating and a $30.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $22.50.

Amprius Technologies Stock Down 11.3%

The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of -33.51 and a beta of 2.25. The business’s 50-day moving average is $15.86 and its 200-day moving average is $14.83.

Amprius Technologies (NYSE:AMPX) last announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The company had revenue of $28.54 million for the quarter, compared to analyst estimates 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. As a group, analysts expect that Amprius Technologies, Inc. will post -0.07 EPS for the current year.

Insider Buying and Selling

In other news, Director Donald R. Dixon sold 85,000 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $17.17, for a total value of $1,459,450.00. Following the sale, the director owned 359,380 shares in the company, valued at $6,170,554.60. This represents a 19.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Thomas M. Stepien sold 2,000 shares of the firm’s 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. This trade represents a 0.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 310,144 shares of company stock worth $5,049,997 over the last ninety days. 5.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Amprius Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE increased its holdings in shares of Amprius Technologies by 31.1% during the 4th quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock valued at $36,000 after purchasing an additional 3,055 shares in the last quarter. Quarry LP acquired a new position in shares of Amprius Technologies in the 3rd quarter valued at $42,000. Rhumbline Advisers boosted its holdings in Amprius Technologies by 61.1% during the first quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock worth $42,000 after buying an additional 5,951 shares in the last quarter. Legal & General Group Plc boosted its holdings in Amprius Technologies by 1,385.4% during the second quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock worth $44,000 after buying an additional 9,684 shares in the last quarter. Finally, XTX Topco Ltd acquired a new stake in Amprius Technologies during the second quarter valued at $44,000. Institutional investors and hedge funds own 5.04% of the company’s stock.

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.