Amprius Technologies (NYSE:AMPX) Stock Price Down 8.9% – Here’s Why

Amprius Technologies, Inc. (NYSE:AMPXGet Free Report)’s stock price fell 8.9% during trading on Monday . The stock traded as low as $14.50 and last traded at $14.6790. 9,952,675 shares changed hands during trading, an increase of 11% from the average session volume of 8,935,161 shares. The stock had previously closed at $16.12.

Analyst Upgrades and Downgrades

Several research firms have issued reports on AMPX. B. Riley Financial raised their price target on shares of Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, March 9th. Oppenheimer reaffirmed an “outperform” rating and set a $17.00 price objective on shares of Amprius Technologies in a research report on Tuesday, December 23rd. Roth Mkm reiterated a “buy” rating and issued a $20.00 target price (up from $16.00) on shares of Amprius Technologies in a research note on Friday, March 6th. Cantor Fitzgerald lifted their target price on Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. Finally, Needham & Company LLC restated a “buy” rating and set a $20.00 price target on shares of Amprius Technologies in a research note on Tuesday, March 10th. Eight equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $19.75.

Get Our Latest Research Report on Amprius Technologies

Amprius Technologies Stock Down 8.9%

The stock has a market capitalization of $2.01 billion, a P/E ratio of -43.17 and a beta of 3.04. The firm has a 50-day moving average of $13.57 and a 200 day moving average of $11.89.

Amprius Technologies (NYSE:AMPXGet Free Report) last announced its quarterly earnings results on Wednesday, March 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.03. Amprius Technologies had a negative net margin of 60.30% and a negative return on equity of 24.29%. The firm had revenue of $25.23 million for the quarter, compared to analyst estimates of $22.91 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. Analysts predict that Amprius Technologies, Inc. will post -0.45 EPS for the current fiscal year.

Insider Buying and Selling at Amprius Technologies

In related news, Director Wen Hsuan Hsieh sold 413,146 shares of the company’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $18.44, for a total value of $7,618,412.24. Following the sale, the director owned 44,444 shares of the company’s stock, valued at $819,547.36. The trade was a 90.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Steven Chu sold 155,565 shares of the stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $18.50, for a total transaction of $2,877,952.50. Following the completion of the transaction, the director directly owned 127,339 shares of the company’s stock, valued at $2,355,771.50. This trade represents a 54.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,147,226 shares of company stock valued at $41,879,047 in the last 90 days. Insiders own 12.90% of the company’s stock.

Institutional Trading of Amprius Technologies

Several institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE grew its position in Amprius Technologies by 31.1% in the fourth quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock valued at $36,000 after acquiring an additional 3,055 shares during the period. Ameritas Investment Partners Inc. lifted its holdings in shares of Amprius Technologies by 2,043.2% during the second quarter. Ameritas Investment Partners Inc. now owns 9,516 shares of the company’s stock valued at $40,000 after acquiring an additional 9,072 shares during the period. Quarry LP bought a new position in shares of Amprius Technologies during the third quarter valued at $42,000. Rhumbline Advisers boosted its stake in shares of Amprius Technologies by 61.1% in 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 in the last quarter. Finally, Legal & General Group Plc boosted its stake 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 valued at $44,000 after purchasing an additional 9,684 shares in the last quarter. Institutional investors and hedge funds own 5.04% of the company’s stock.

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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