Amprius Technologies (NYSE:AMPX) Shares Down 5.1% – Here’s What Happened

Amprius Technologies, Inc. (NYSE:AMPX) shares traded down 5.1% during trading on Tuesday . The company traded as low as $15.76 and last traded at $16.6560. 6,508,578 shares traded hands during trading, a decline of 27% from the average session volume of 8,868,988 shares. The stock had previously closed at $17.56.

Analyst Ratings Changes

A number of research analysts have commented on the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a research report on Wednesday, January 21st. William Blair reaffirmed an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. Cantor Fitzgerald upped their price target on Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Needham & Company LLC reaffirmed a “buy” rating and set a $20.00 price target on shares of Amprius Technologies in a research report on Tuesday, March 10th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $17.00 price target on shares of Amprius Technologies in a research report on Tuesday, December 23rd. Eight analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $19.75.

Amprius Technologies Stock Up 1.0%

The business has a fifty day simple moving average of $14.35 and a 200-day simple moving average of $12.25. The firm has a market cap of $2.31 billion, a P/E ratio of -49.60 and a beta of 2.20.

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

Insider Buying and Selling

In related news, Director Kang Sun sold 1,500,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $15.91, for a total transaction of $23,865,000.00. Following the completion of the transaction, the director owned 1,342,400 shares of the company’s stock, valued at $21,357,584. This trade represents a 52.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Steven Chu sold 166,632 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $17.92, for a total value of $2,986,045.44. Following the transaction, the director directly owned 127,339 shares of the company’s stock, valued at approximately $2,281,914.88. This trade represents a 56.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 4,647,226 shares of company stock worth $65,744,047 in the last 90 days. Corporate insiders own 12.90% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AMPX. Bank of America Corp DE increased its position in Amprius Technologies by 31.1% during the 4th quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock valued at $36,000 after buying an additional 3,055 shares in the last quarter. AQR Capital Management LLC increased its position in Amprius Technologies by 86.7% during the 1st quarter. AQR Capital Management LLC now owns 77,764 shares of the company’s stock valued at $208,000 after buying an additional 36,116 shares in the last quarter. Millennium Management LLC increased its position in Amprius Technologies by 94.5% during the 1st quarter. Millennium Management LLC now owns 1,396,013 shares of the company’s stock valued at $3,741,000 after buying an additional 678,442 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Amprius Technologies by 128.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 244,646 shares of the company’s stock worth $656,000 after purchasing an additional 137,640 shares in the last quarter. Finally, Rhumbline Advisers increased its holdings 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 in the last quarter. Institutional investors own 5.04% of the company’s stock.

Amprius Technologies Company Profile

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.