Amprius Technologies (NYSE:AMPX) Director Sells $4,095,937.20 in Stock

Amprius Technologies, Inc. (NYSE:AMPX) Director Kang Sun sold 217,869 shares of the business’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $18.80, for a total transaction of $4,095,937.20. Following the sale, the director directly owned 56,406 shares in the company, valued at approximately $1,060,432.80. This trade represents a 79.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Kang Sun also recently made the following trade(s):

• On Monday, February 23rd, Kang Sun sold 61,251 shares of Amprius Technologies stock. The stock was sold at an average price of $10.16, for a total value of $622,310.16.
• On Friday, January 16th, Kang Sun sold 950,548 shares of Amprius Technologies stock. The shares were sold at an average price of $11.07, for a total value of $10,522,566.36.
• On Tuesday, January 20th, Kang Sun sold 43,185 shares of Amprius Technologies stock. The shares were sold at an average price of $11.03, for a total value of $476,330.55.
• On Monday, January 12th, Kang Sun sold 506,267 shares of Amprius Technologies stock. The stock was sold at an average price of $10.10, for a total value of $5,113,296.70.

Amprius Technologies Trading Down 6.3%

Shares of NYSE AMPX opened at $16.07 on Friday. Amprius Technologies, Inc. has a one year low of $1.97 and a one year high of $19.76. The firm has a market capitalization of $2.20 billion, a PE ratio of -47.28 and a beta of 3.04. The business has a 50-day moving average price of $13.57 and a two-hundred day moving average price of $11.83.

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

Hedge Funds Weigh In On Amprius Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. EWA LLC increased its position in Amprius Technologies by 3.8% during the fourth quarter. EWA LLC now owns 19,958 shares of the company’s stock worth $157,000 after buying an additional 723 shares during the last quarter. Victory Capital Management Inc. boosted its stake in shares of Amprius Technologies by 14.7% during the 3rd quarter. Victory Capital Management Inc. now owns 11,817 shares of the company’s stock worth $124,000 after acquiring an additional 1,516 shares in the last quarter. Graham Capital Management L.P. boosted its stake in shares of Amprius Technologies by 3.2% during the 4th quarter. Graham Capital Management L.P. now owns 49,596 shares of the company’s stock worth $391,000 after acquiring an additional 1,551 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Amprius Technologies by 5.1% during the 4th quarter. The Manufacturers Life Insurance Company now owns 33,280 shares of the company’s stock valued at $263,000 after acquiring an additional 1,621 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of Amprius Technologies by 6.7% during the 4th quarter. First Trust Advisors LP now owns 32,744 shares of the company’s stock valued at $258,000 after acquiring an additional 2,066 shares during the last quarter. Institutional investors own 5.04% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on AMPX shares. Needham & Company LLC reiterated a “buy” rating and issued a $20.00 price objective on shares of Amprius Technologies in a research note on Tuesday, March 10th. B. Riley Financial lifted their target price on shares of 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 reaffirmed a “buy” rating and issued a $20.00 price target (up from $16.00) on shares of Amprius Technologies in a research note on Friday, March 6th. Craig Hallum increased their price objective on Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Amprius Technologies in a research report on Wednesday, January 21st. Eight analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $19.75.

Amprius Technologies Company Profile

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.