Amprius Technologies (NYSE:AMPX) Shares Down 7.5% – Here’s Why

Amprius Technologies, Inc. (NYSE:AMPX) traded down 7.5% during trading on Tuesday . The stock traded as low as $16.33 and last traded at $17.41. 8,565,000 shares changed hands during trading, a decline of 5% from the average session volume of 9,007,727 shares. The stock had previously closed at $18.83.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. Craig Hallum boosted their price target 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. William Blair restated an “outperform” rating on shares of Amprius Technologies in a report on Friday, March 6th. Needham & Company LLC restated a “buy” rating and issued a $20.00 target price on shares of Amprius Technologies in a report on Tuesday, March 10th. Finally, B. Riley Financial upped their target price on shares of Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a report on Monday, March 9th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $21.67.

Amprius Technologies Trading Down 7.5%

The firm’s fifty day moving average price is $18.47 and its 200-day moving average price is $14.18. The firm has a market cap of $2.47 billion, a price-to-earnings ratio of -58.03 and a beta of 2.12.

Amprius Technologies (NYSE:AMPX) last issued its 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 company had revenue of $28.54 million during the quarter, compared to analyst estimates of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, sell-side analysts expect that Amprius Technologies, Inc. will post -0.07 earnings per share for the current year.

Insider Transactions at Amprius Technologies

In related news, Director Kang Sun sold 67,796 shares of the company’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $14.79, for a total value of $1,002,702.84. Following the completion of the sale, the director owned 1,280,854 shares in the company, valued at $18,943,830.66. This represents a 5.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Donald R. Dixon sold 17,895 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $17.90, for a total transaction of $320,320.50. Following the completion of the sale, the director owned 484,380 shares of the company’s stock, valued at approximately $8,670,402. This trade represents a 3.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,471,724 shares of company stock worth $41,282,649 over the last 90 days. Company insiders own 5.10% of the company’s stock.

Institutional Trading of Amprius Technologies

Several institutional investors and hedge funds have recently bought and sold shares of AMPX. Bank of America Corp DE raised its position in Amprius Technologies by 31.1% in the 4th 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 during the last quarter. Quarry LP purchased a new position in Amprius Technologies during the 3rd quarter worth $42,000. Rhumbline Advisers raised its position in Amprius Technologies by 61.1% during the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock worth $42,000 after buying an additional 5,951 shares during the last quarter. Legal & General Group Plc raised its position in Amprius Technologies by 1,385.4% during the 2nd quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock worth $44,000 after buying an additional 9,684 shares during the last quarter. Finally, XTX Topco Ltd purchased a new position in Amprius Technologies during the 2nd quarter worth $44,000. Hedge funds and other 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.