Thomas Stepien Sells 2,000 Shares of Amprius Technologies (NYSE:AMPX) Stock

Amprius Technologies, Inc. (NYSE:AMPX) CEO Thomas Stepien sold 2,000 shares of the firm’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $20.97, for a total transaction of $41,940.00. Following the completion of the transaction, the chief executive officer directly owned 625,625 shares in the company, valued at approximately $13,119,356.25. This represents a 0.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Amprius Technologies Stock Down 12.8%

Shares of AMPX stock traded down $2.88 during mid-day trading on Friday, reaching $19.66. The company’s stock had a trading volume of 8,315,436 shares, compared to its average volume of 9,049,840. The company’s 50 day simple moving average is $18.40 and its 200-day simple moving average is $14.06. Amprius Technologies, Inc. has a 12-month low of $2.65 and a 12-month high of $24.23. The firm has a market capitalization of $2.78 billion, a PE ratio of -65.53 and a beta of 2.12.

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 the consensus estimate 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 firm had revenue of $28.54 million for the quarter, compared to analysts’ expectations of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, research analysts anticipate that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on AMPX shares. Roth Mkm reaffirmed a “buy” rating on shares of Amprius Technologies in a research note on Friday, May 8th. Clear Str raised shares of Amprius Technologies to a “strong-buy” rating in a research note on Tuesday. B. Riley Financial lifted their price target on shares of Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday, March 9th. Cantor Fitzgerald lifted their price target on shares of Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $20.00 target price on shares of Amprius Technologies in a research report on Tuesday, March 10th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $20.25.

Institutional Investors Weigh In On Amprius Technologies

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE increased its position in shares of 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 last quarter. Quarry LP bought a new stake in shares of Amprius Technologies in the 3rd quarter worth about $42,000. Rhumbline Advisers increased its position in shares of 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 last quarter. Legal & General Group Plc increased its position in shares of 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 last quarter. Finally, XTX Topco Ltd bought a new stake in shares of Amprius Technologies in the 2nd quarter worth about $44,000. Institutional investors 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.