Amprius Technologies (NYSE:AMPX) Shares Up 4.7% – Here’s Why

Amprius Technologies, Inc. (NYSE:AMPXGet Free Report) shares were up 4.7% on Monday . The stock traded as high as $13.84 and last traded at $13.5140. 5,929,575 shares changed hands during trading, a decline of 33% from the average daily volume of 8,840,797 shares. The stock had previously closed at $12.91.

Analyst Upgrades and Downgrades

Several analysts have commented on AMPX shares. William Blair reaffirmed an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. Clear Str assumed coverage on Amprius Technologies in a research note on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 target price for the company. Roth Mkm restated a “buy” rating on shares of Amprius Technologies in a research report on Friday, May 8th. Cantor Fitzgerald raised their price target on Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Finally, Wall Street Zen lowered Amprius Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, Amprius Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $21.67.

Read Our Latest Report on AMPX

Amprius Technologies Stock Performance

The company’s 50-day moving average price is $18.08 and its two-hundred day moving average price is $14.60. The stock has a market cap of $1.91 billion, a PE ratio of -45.05 and a beta of 2.12.

Amprius Technologies (NYSE:AMPXGet Free Report) last announced its 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). The company had revenue of $28.54 million during the quarter, compared to analysts’ expectations of $25.72 million. Amprius Technologies had a negative return on equity of 17.48% and a negative net margin of 43.98%.Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. Equities research analysts forecast that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Insider Transactions at Amprius Technologies

In related news, CTO Constantin Ionel Stefan sold 3,208 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $17.19, for a total transaction of $55,145.52. Following the transaction, the chief technology officer directly owned 801,310 shares of the company’s stock, valued at approximately $13,774,518.90. This trade represents a 0.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Thomas M. Stepien sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $20.97, for a total value of $41,940.00. Following the completion of the sale, the chief executive officer owned 625,625 shares of the company’s stock, valued at $13,119,356.25. The trade was a 0.32% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,810,144 shares of company stock worth $28,914,997. 5.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Bank of America Corp DE raised its stake in shares of Amprius Technologies by 31.1% during the fourth quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after acquiring an additional 3,055 shares in the last quarter. Quarry LP bought a new position in shares of Amprius Technologies during the 3rd quarter valued at $42,000. Rhumbline Advisers grew its holdings in shares of Amprius Technologies by 61.1% during the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after purchasing an additional 5,951 shares during the last quarter. Legal & General Group Plc raised its position in 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 period. Finally, XTX Topco Ltd purchased a new position in Amprius Technologies in the 2nd quarter worth $44,000. 5.04% of the stock is currently owned by institutional investors.

Amprius Technologies Company Profile

(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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