Amprius Technologies (NYSE:AMPX) Shares Up 4.9% – Still a Buy?

Amprius Technologies, Inc. (NYSE:AMPX) traded up 4.9% during mid-day trading on Tuesday . The company traded as high as $22.25 and last traded at $22.9790. 9,527,728 shares were traded during mid-day trading, a decline of 6% from the average session volume of 10,157,758 shares. The stock had previously closed at $21.9110.

Analyst Upgrades and Downgrades

AMPX has been the subject of a number of research analyst reports. Needham & Company LLC restated a “buy” rating and set a $20.00 price objective on shares of Amprius Technologies in a research report on Tuesday, March 10th. Northland Securities set a $24.00 price target on Amprius Technologies in a report on Monday, May 11th. Cantor Fitzgerald lifted their price objective on Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. 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 report on Monday, March 9th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. Eight research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Amprius Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $20.25.

Amprius Technologies Stock Performance

The stock has a fifty day moving average price of $18.15 and a 200 day moving average price of $13.84. The stock has a market cap of $3.25 billion, a PE ratio of -76.59 and a beta of 2.12.

Amprius Technologies (NYSE:AMPX) last issued 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). Amprius Technologies had a negative return on equity of 17.48% and a negative net margin of 43.98%.The company had revenue of $28.54 million during the quarter, compared to the consensus estimate of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, equities analysts anticipate that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Insider Activity

In other Amprius Technologies news, CEO Thomas M. Stepien sold 60,702 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $14.79, for a total transaction of $897,782.58. Following the completion of the transaction, the chief executive officer owned 699,298 shares in the company, valued at $10,342,617.42. The trade was a 7.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kang Sun sold 1,500,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $15.91, for a total value of $23,865,000.00. Following the sale, the director directly owned 1,342,400 shares of the company’s stock, valued at $21,357,584. This represents a 52.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 2,636,356 shares of company stock worth $44,226,754 in the last 90 days. Company insiders own 5.10% of the company’s stock.

Institutional Trading of Amprius Technologies

Large investors have recently made changes to their positions in the stock. Bank of America Corp DE increased its stake 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 buying an additional 3,055 shares during the period. AQR Capital Management LLC increased its position in shares of Amprius Technologies by 86.7% during the first quarter. AQR Capital Management LLC now owns 77,764 shares of the company’s stock worth $208,000 after acquiring an additional 36,116 shares during the period. Millennium Management LLC increased its position in shares of Amprius Technologies by 94.5% during the first quarter. Millennium Management LLC now owns 1,396,013 shares of the company’s stock worth $3,741,000 after acquiring an additional 678,442 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Amprius Technologies by 128.6% during the first quarter. Goldman Sachs Group Inc. now owns 244,646 shares of the company’s stock valued at $656,000 after acquiring an additional 137,640 shares in the last quarter. Finally, Rhumbline Advisers raised its stake in shares of Amprius Technologies by 61.1% during the first quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after acquiring an additional 5,951 shares in the last quarter. 5.04% of the stock is owned by hedge funds and other 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.