Amprius Technologies (NYSE:AMPX) Trading Down 3.8% Following Insider Selling

Amprius Technologies, Inc. (NYSE:AMPX)’s share price dropped 3.8% during mid-day trading on Wednesday following insider selling activity. The company traded as low as $16.81 and last traded at $17.1590. Approximately 4,842,087 shares traded hands during trading, a decline of 46% from the average daily volume of 8,888,751 shares. The stock had previously closed at $17.83.

Specifically, CEO Thomas M. Stepien sold 60,702 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $14.79, for a total transaction of $897,782.58. Following the completion of the transaction, the chief executive officer owned 699,298 shares of the company’s stock, valued at approximately $10,342,617.42. The trade was a 7.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Constantin Ionel Stefan sold 28,812 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $14.79, for a total value of $426,129.48. Following the sale, the chief technology officer owned 804,518 shares of the company’s stock, valued at approximately $11,898,821.22. The trade was a 3.46% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In other Amprius Technologies news, Director Kang Sun sold 67,796 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $14.79, for a total value of $1,002,702.84. Following the sale, the director owned 1,280,854 shares of the company’s stock, valued at $18,943,830.66. This trade represents a 5.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on AMPX. Cantor Fitzgerald increased their price objective on Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a research note on Monday, April 20th. Roth Mkm reissued a “buy” rating on shares of Amprius Technologies in a report on Friday, May 8th. Wall Street Zen lowered shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, Craig Hallum boosted their price objective on shares of Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Eight research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $20.25.

Amprius Technologies Price Performance

The firm has a market capitalization of $2.43 billion, a price-to-earnings ratio of -57.19 and a beta of 2.20. The business has a 50 day moving average of $18.06 and a 200 day moving average of $13.62.

Amprius Technologies (NYSE:AMPX) last announced its quarterly 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). Amprius Technologies had a negative net margin of 43.98% and a negative return on equity of 17.48%. The business had revenue of $28.54 million during the quarter, compared to the consensus estimate of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, sell-side analysts forecast that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its holdings in Amprius Technologies by 31.1% during the fourth quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock valued at $36,000 after purchasing an additional 3,055 shares in the last quarter. 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. Legal & General Group Plc grew its holdings 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 worth $44,000 after purchasing an additional 9,684 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in shares of Amprius Technologies during the 2nd quarter worth about $44,000. 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.