Amprius Technologies (NYSE:AMPX) Shares Down 12% – Should You Sell?

Amprius Technologies, Inc. (NYSE:AMPX)’s share price was down 12% during mid-day trading on Wednesday . The company traded as low as $12.28 and last traded at $12.4240. 12,628,345 shares traded hands during trading, an increase of 43% from the average daily volume of 8,839,918 shares. The stock had previously closed at $14.12.

Analysts Set New Price Targets

Several research firms recently weighed in on AMPX. Weiss Ratings reissued a “sell (e+)” rating on shares of Amprius Technologies in a research note on Monday, April 20th. Northland Securities set a $24.00 price target on shares of Amprius Technologies in a research report on Monday, May 11th. Needham & Company LLC reiterated a “buy” rating and issued a $20.00 price target on shares of Amprius Technologies in a research note on Tuesday, March 10th. Wall Street Zen lowered shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Finally, Cantor Fitzgerald upped their target price on shares of Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a report on Friday, March 6th. One investment 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.67.

Amprius Technologies Trading Up 2.9%

The business has a 50 day moving average of $18.19 and a two-hundred day moving average of $14.59. The firm has a market cap of $1.83 billion, a P/E ratio of -42.98 and a beta of 2.12.

Amprius Technologies (NYSE:AMPX) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The company 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 predict that Amprius Technologies, Inc. will post -0.07 EPS for the current year.

Insider Activity at Amprius Technologies

In other Amprius Technologies news, Director Kang Sun sold 1,500,000 shares of the stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $15.91, for a total value of $23,865,000.00. Following the transaction, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Thomas M. Stepien sold 60,702 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $14.79, for a total value of $897,782.58. Following the completion of the transaction, the chief executive officer directly owned 699,298 shares in the company, valued at $10,342,617.42. The trade was a 7.99% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 1,810,144 shares of company stock worth $28,914,997 in the last quarter. Corporate insiders own 5.10% of the company’s stock.

Institutional Investors Weigh In On Amprius Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Amprius Technologies by 9.5% in the fourth quarter. Vanguard Group Inc. now owns 7,128,657 shares of the company’s stock valued at $56,245,000 after acquiring an additional 616,037 shares during the period. Geode Capital Management LLC raised its stake in Amprius Technologies by 10.5% in the 4th quarter. Geode Capital Management LLC now owns 2,678,417 shares of the company’s stock worth $21,137,000 after purchasing an additional 253,529 shares in the last quarter. State Street Corp boosted its holdings in Amprius Technologies by 16.6% in the 4th quarter. State Street Corp now owns 2,553,710 shares of the company’s stock valued at $20,149,000 after purchasing an additional 363,928 shares during the period. Invesco Ltd. boosted its holdings in Amprius Technologies by 113.3% in the 3rd quarter. Invesco Ltd. now owns 2,379,384 shares of the company’s stock valued at $25,031,000 after purchasing an additional 1,263,846 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in shares of Amprius Technologies by 23.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,194,841 shares of the company’s stock worth $17,317,000 after purchasing an additional 410,724 shares in the last quarter. 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.