Amprius Technologies (NYSE:AMPX) Shares Up 7.4% – Time to Buy?

Shares of Amprius Technologies, Inc. (NYSE:AMPX) were up 7.4% during trading on Thursday . The company traded as high as $16.19 and last traded at $16.11. 7,734,324 shares changed hands during trading, a decline of 13% from the average daily volume of 8,851,743 shares. The stock had previously closed at $15.00.

Wall Street Analyst Weigh In

AMPX has been the topic of several research analyst reports. Cantor Fitzgerald increased their price objective on shares of Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Clear Str began coverage on shares of Amprius Technologies in a research note on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 price target on the stock. B. Riley Financial increased their price target 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. Roth Mkm restated a “buy” rating on shares of Amprius Technologies in a research report on Friday, May 8th. Finally, Wall Street Zen cut Amprius Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $21.67.

Amprius Technologies Stock Up 7.4%

The stock has a fifty day moving average price of $18.51 and a two-hundred day moving average price of $14.47. The company has a market cap of $2.28 billion, a price-to-earnings ratio of -53.70 and a beta of 2.12.

Amprius Technologies (NYSE:AMPX) last released its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) 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 analyst estimates of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. Analysts predict that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Insider Buying and Selling at Amprius Technologies

In related news, Director Kang Sun sold 1,500,000 shares of the business’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 value of $23,865,000.00. Following the completion of the sale, the director directly owned 1,342,400 shares in the company, valued at approximately $21,357,584. The trade was a 52.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Thomas M. Stepien sold 60,702 shares of the 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 $897,782.58. Following the sale, the chief executive officer directly owned 699,298 shares in the company, valued at $10,342,617.42. This represents a 7.99% 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 the last quarter, insiders have sold 2,028,013 shares of company stock worth $33,010,934. 5.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Amprius Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AMPX. Voloridge Investment Management LLC bought a new stake in shares of Amprius Technologies during the 3rd quarter valued at $19,737,000. BNP Paribas Financial Markets increased its position in shares of Amprius Technologies by 1,117.9% in the third quarter. BNP Paribas Financial Markets now owns 1,943,905 shares of the company’s stock worth $20,450,000 after purchasing an additional 1,784,291 shares during the period. Vanguard Group Inc. raised its stake in Amprius Technologies by 37.0% in the third quarter. Vanguard Group Inc. now owns 6,512,620 shares of the company’s stock valued at $68,513,000 after purchasing an additional 1,757,395 shares in the last quarter. Norges Bank acquired a new position in Amprius Technologies in the fourth quarter valued at about $10,295,000. Finally, Invesco Ltd. lifted its position in Amprius Technologies by 113.3% during the third 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 period. 5.04% of the stock is owned by institutional investors and hedge funds.

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.