Amprius Technologies (NYSE:AMPX) Trading 7% Higher – Time to Buy?

Shares of Amprius Technologies, Inc. (NYSE:AMPX) shot up 7% during trading on Tuesday . The company traded as high as $10.91 and last traded at $10.8450. Approximately 5,049,818 shares changed hands during mid-day trading, a decline of 41% from the average session volume of 8,589,200 shares. The stock had previously closed at $10.14.

Analysts Set New Price Targets

A number of research firms have recently issued reports on AMPX. JonesTrading began coverage on Amprius Technologies in a research report on Friday, July 10th. They set a “buy” rating and a $30.00 price objective on the stock. Zacks Research cut Amprius Technologies from a “hold” rating to a “strong sell” rating in a research report on Monday, July 6th. Roth Capital reiterated a “buy” rating on shares of Amprius Technologies in a research note on Friday, May 8th. Weiss Ratings reissued a “sell (e+)” rating on shares of Amprius Technologies in a report on Friday. Finally, Wall Street Zen cut shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $22.50.

Amprius Technologies Stock Performance

The company has a 50-day moving average of $15.46 and a 200 day moving average of $14.87. The firm has a market cap of $1.54 billion, a P/E ratio of -36.15 and a beta of 2.25.

Amprius Technologies (NYSE:AMPX) last announced its quarterly earnings results 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 company had revenue of $28.54 million during 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. Sell-side analysts anticipate that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.

Insider Activity

In related news, CEO Thomas M. Stepien sold 2,000 shares of Amprius Technologies stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $20.97, for a total transaction of $41,940.00. Following the completion of the transaction, the chief executive officer directly owned 625,625 shares of the company’s stock, valued at $13,119,356.25. This trade represents a 0.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Kang Sun sold 67,796 shares of Amprius Technologies stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $14.79, for a total transaction of $1,002,702.84. Following the transaction, the director directly owned 1,280,854 shares of the company’s stock, valued at $18,943,830.66. This represents a 5.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 310,144 shares of company stock worth $5,049,997. Company insiders own 5.10% of the company’s stock.

Institutional Investors Weigh In On Amprius Technologies

A number of large investors have recently bought and sold shares of AMPX. Oppenheimer & Co. Inc. grew its holdings in shares of Amprius Technologies by 47.7% during the fourth quarter. Oppenheimer & Co. Inc. now owns 442,090 shares of the company’s stock worth $3,488,000 after purchasing an additional 142,751 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Amprius Technologies in the fourth quarter valued at $2,014,000. Stephens Investment Management Group LLC raised its holdings in shares of Amprius Technologies by 33.1% in the fourth quarter. Stephens Investment Management Group LLC now owns 1,441,698 shares of the company’s stock valued at $11,375,000 after buying an additional 358,791 shares during the last quarter. Tudor Investment Corp ET AL bought a new position in shares of Amprius Technologies in the third quarter valued at about $7,530,000. Finally, Hussman Strategic Advisors Inc. acquired a new position in Amprius Technologies during the 4th quarter worth about $1,657,000. 5.04% of the stock is currently owned by institutional investors.

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.