Amprius Technologies (NYSE:AMPX) Trading 12.2% Higher – Still a Buy?

Amprius Technologies, Inc. (NYSE:AMPX) was up 12.2% during trading on Tuesday . The company traded as high as $16.30 and last traded at $16.5160. Approximately 4,411,785 shares changed hands during trading, a decline of 50% from the average daily volume of 8,887,928 shares. The stock had previously closed at $14.72.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on AMPX. Weiss Ratings reissued a “sell (e+)” rating on shares of Amprius Technologies in a report on Wednesday, January 21st. Oppenheimer reaffirmed an “outperform” rating and set a $17.00 price target on shares of Amprius Technologies in a research note on Tuesday, December 23rd. Craig Hallum increased their price objective on shares of Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a research report on Friday, March 6th. William Blair reissued an “outperform” rating on shares of Amprius Technologies in a research note on Friday, March 6th. Finally, Cantor Fitzgerald boosted their target price on shares of Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. Eight research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $19.75.

Amprius Technologies Stock Performance

The stock has a market cap of $2.25 billion, a PE ratio of -48.54 and a beta of 3.04. The stock has a fifty day moving average price of $13.64 and a 200 day moving average price of $11.94.

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

Insider Activity

In other news, CTO Constantin Ionel Stefan sold 492,827 shares of the stock in a transaction on Thursday, January 22nd. The shares were sold at an average price of $12.04, for a total value of $5,933,637.08. Following the sale, the chief technology officer owned 748,696 shares of the company’s stock, valued at approximately $9,014,299.84. This represents a 39.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Kang Sun sold 950,548 shares of the firm’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $11.07, for a total transaction of $10,522,566.36. Following the completion of the sale, the director owned 1,403,651 shares of the company’s stock, valued at $15,538,416.57. This trade represents a 40.38% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 3,147,226 shares of company stock worth $41,879,047. 12.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of AMPX. Quarry LP bought a new position in shares of Amprius Technologies during the third quarter valued at approximately $42,000. Jones Financial Companies Lllp lifted its stake in shares of Amprius Technologies by 353.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,532 shares of the company’s stock worth $50,000 after acquiring an additional 3,532 shares during the last quarter. Parallel Advisors LLC purchased a new position in Amprius Technologies during the 3rd quarter valued at $54,000. Leonteq Securities AG purchased a new position in Amprius Technologies during the 4th quarter valued at $47,000. Finally, Summit Securities Group LLC bought a new position in Amprius Technologies in the 4th quarter valued at $54,000. Hedge funds and other 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.