Amprius Technologies (NYSE:AMPX) Stock Price Up 8% – Here’s Why

Shares of Amprius Technologies, Inc. (NYSE:AMPXGet Free Report) rose 8% during trading on Monday . The company traded as high as $22.25 and last traded at $21.9110. Approximately 9,497,084 shares were traded during trading, an increase of 5% from the average daily volume of 9,062,996 shares. The stock had previously closed at $20.28.

Analyst Upgrades and Downgrades

AMPX has been the subject of a number of research analyst reports. B. Riley Financial upped their price target on Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, March 9th. Northland Securities set a $24.00 price target on Amprius Technologies in a report on Monday, May 11th. Wall Street Zen lowered Amprius Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. Finally, William Blair reiterated an “outperform” rating on shares of Amprius Technologies in a report on Friday, March 6th. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $20.25.

Get Our Latest Analysis on AMPX

Amprius Technologies Price Performance

The business has a 50 day moving average of $18.09 and a 200 day moving average of $13.77. The firm has a market capitalization of $3.10 billion, a price-to-earnings ratio of -73.03 and a beta of 2.12.

Amprius Technologies (NYSE:AMPXGet Free Report) last issued its earnings results on Wednesday, May 6th. The company reported ($0.04) 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 analyst estimates of $25.72 million. Amprius Technologies had a negative net margin of 43.98% and a negative return on equity of 17.48%. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, sell-side analysts forecast that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.

Insider Transactions at Amprius Technologies

In other Amprius Technologies news, Director Donald R. Dixon sold 17,895 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $17.90, for a total value of $320,320.50. Following the sale, the director directly owned 484,380 shares in the company, valued at $8,670,402. This represents a 3.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Kang Sun sold 67,796 shares of the company’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $14.79, for a total value of $1,002,702.84. Following the completion of the sale, the director owned 1,280,854 shares in the company, valued at $18,943,830.66. This trade represents a 5.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 2,636,356 shares of company stock valued at $44,226,754. 5.10% of the stock is owned by insiders.

Institutional Trading of Amprius Technologies

A number of large investors have recently bought and sold shares of the stock. Oppenheimer & Co. Inc. grew its holdings in shares of Amprius Technologies by 47.7% during 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 during the last quarter. Vanguard Group Inc. raised its holdings in shares of Amprius Technologies by 37.0% in the third quarter. Vanguard Group Inc. now owns 6,512,620 shares of the company’s stock valued at $68,513,000 after buying an additional 1,757,395 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of Amprius Technologies in the fourth quarter valued at about $2,014,000. Stephens Investment Management Group LLC raised its holdings in shares of 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 valued at $11,375,000 after buying an additional 358,791 shares during the last quarter. Finally, Tudor Investment Corp ET AL bought a new position in shares of Amprius Technologies in the third quarter valued at about $7,530,000. 5.04% of the stock is currently owned by institutional investors.

About Amprius Technologies

(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.

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