Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report) shares were up 1.3% on Thursday . The stock traded as high as $15.39 and last traded at $15.2590. Approximately 10,666,785 shares changed hands during mid-day trading, an increase of 20% from the average daily volume of 8,921,080 shares. The stock had previously closed at $15.07.
Analyst Ratings Changes
AMPX has been the subject of several research analyst reports. B. Riley Financial boosted their price objective on Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a report on Monday, March 9th. Craig Hallum boosted their price objective on Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a report on Friday, March 6th. Needham & Company LLC reiterated a “buy” rating and issued a $20.00 price target on shares of Amprius Technologies in a report on Tuesday, March 10th. William Blair reiterated an “outperform” rating on shares of Amprius Technologies in a report on Friday, March 6th. Finally, Wall Street Zen downgraded Amprius Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $20.25.
View Our Latest Stock Report on AMPX
Amprius Technologies Trading Up 1.3%
Amprius Technologies (NYSE:AMPX – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). The business had revenue of $28.54 million for the quarter, compared to the consensus estimate 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, analysts anticipate that Amprius Technologies, Inc. will post -0.07 earnings per share for the current year.
Insider Buying and Selling
In related news, Director Steven Chu sold 166,632 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $17.92, for a total transaction of $2,986,045.44. Following the completion of the transaction, the director directly owned 127,339 shares in the company, valued at $2,281,914.88. This represents a 56.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Constantin Ionel Stefan sold 25,366 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $10.16, for a total value of $257,718.56. Following the transaction, the chief technology officer owned 723,330 shares of the company’s stock, valued at approximately $7,349,032.80. The trade was a 3.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,539,829 shares of company stock valued at $42,323,376 over the last three months. 5.10% of the stock is owned by company insiders.
Hedge Funds Weigh In On Amprius Technologies
Several institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Amprius Technologies by 9.5% during the fourth quarter. Vanguard Group Inc. now owns 7,128,657 shares of the company’s stock worth $56,245,000 after acquiring an additional 616,037 shares during the last quarter. Geode Capital Management LLC grew its position 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 during the last quarter. State Street Corp grew its position in Amprius Technologies by 16.6% in the 4th quarter. State Street Corp now owns 2,553,710 shares of the company’s stock worth $20,149,000 after purchasing an additional 363,928 shares during the last quarter. Invesco Ltd. grew its position in Amprius Technologies by 113.3% in the 3rd quarter. Invesco Ltd. now owns 2,379,384 shares of the company’s stock worth $25,031,000 after purchasing an additional 1,263,846 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its position in Amprius Technologies by 23.0% in 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 during 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.
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