Amprius Technologies (NYSE:AMPX) Shares Down 9.8% – Here’s What Happened

Shares of Amprius Technologies, Inc. (NYSE:AMPX) dropped 9.8% on Tuesday . The stock traded as low as $14.09 and last traded at $14.11. 7,492,924 shares traded hands during mid-day trading, a decline of 15% from the average daily volume of 8,807,960 shares. The stock had previously closed at $15.65.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Roth Mkm reaffirmed a “buy” rating on shares of Amprius Technologies in a research note on Friday, May 8th. B. Riley Financial upped their price objective on shares of Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, March 9th. Wall Street Zen lowered shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Cantor Fitzgerald lifted their target price on shares of Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Finally, Craig Hallum boosted their price target on Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $21.67.

Amprius Technologies Stock Performance

The company has a market cap of $2.00 billion, a PE ratio of -47.03 and a beta of 2.12. The firm has a fifty day simple moving average of $18.47 and a 200 day simple moving average of $14.57.

Amprius Technologies (NYSE:AMPX) last announced its quarterly earnings data on Wednesday, May 6th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.02). Amprius Technologies had a negative return on equity of 17.48% and a negative net margin of 43.98%.The company had revenue of $28.54 million for the quarter, compared to analysts’ expectations of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, equities analysts predict that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.

Insider Activity at Amprius Technologies

In other news, Director Donald R. Dixon sold 85,000 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $17.17, for a total transaction of $1,459,450.00. Following the completion of the sale, the director directly owned 359,380 shares of the company’s stock, valued at $6,170,554.60. The trade was a 19.13% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Kang Sun sold 1,500,000 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $15.91, for a total transaction of $23,865,000.00. Following the sale, the director directly owned 1,342,400 shares of the company’s stock, valued at $21,357,584. This represents a 52.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 1,810,144 shares of company stock worth $28,914,997. 5.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AMPX. Bank of America Corp DE grew its stake 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 worth $36,000 after buying an additional 3,055 shares during the period. Quarry LP purchased a new position in shares of Amprius Technologies in the 3rd quarter valued at $42,000. Rhumbline Advisers raised 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 acquiring an additional 5,951 shares during the period. Legal & General Group Plc lifted its holdings in shares of Amprius Technologies by 1,385.4% during the 2nd quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock valued at $44,000 after acquiring an additional 9,684 shares in the last quarter. Finally, XTX Topco Ltd acquired a new position in shares of Amprius Technologies during the 2nd quarter valued at $44,000. Institutional investors and hedge funds 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.