Amprius Technologies (NYSE:AMPX) Director Kang Sun Sells 217,869 Shares

Amprius Technologies, Inc. (NYSE:AMPXGet Free Report) Director Kang Sun sold 217,869 shares of the firm’s stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $18.80, for a total value of $4,095,937.20. Following the completion of the transaction, the director owned 56,406 shares of the company’s stock, valued at approximately $1,060,432.80. This represents a 79.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Kang Sun also recently made the following trade(s):

  • On Monday, February 23rd, Kang Sun sold 61,251 shares of Amprius Technologies stock. The shares were sold at an average price of $10.16, for a total value of $622,310.16.
  • On Friday, January 16th, Kang Sun sold 950,548 shares of Amprius Technologies stock. The stock was sold at an average price of $11.07, for a total transaction of $10,522,566.36.
  • On Tuesday, January 20th, Kang Sun sold 43,185 shares of Amprius Technologies stock. The shares were sold at an average price of $11.03, for a total transaction of $476,330.55.
  • On Monday, January 12th, Kang Sun sold 506,267 shares of Amprius Technologies stock. The shares were sold at an average price of $10.10, for a total transaction of $5,113,296.70.

Amprius Technologies Trading Up 0.9%

Amprius Technologies stock opened at $17.91 on Thursday. Amprius Technologies, Inc. has a 1-year low of $1.97 and a 1-year high of $19.76. The firm has a market capitalization of $2.45 billion, a PE ratio of -52.69 and a beta of 3.04. The firm’s 50 day simple moving average is $13.33 and its 200 day simple moving average is $11.73.

Amprius Technologies (NYSE:AMPXGet Free Report) last announced its quarterly earnings results on Wednesday, March 4th. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.04) by $0.03. The firm had revenue of $25.23 million during the quarter, compared to the consensus estimate of $22.91 million. Amprius Technologies had a negative net margin of 60.30% and a negative return on equity of 24.29%. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. Research analysts forecast that Amprius Technologies, Inc. will post -0.45 earnings per share for the current year.

Analyst Ratings Changes

AMPX has been the topic of several recent analyst reports. Craig Hallum raised 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. B. Riley Financial boosted their price objective on Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, March 9th. Oppenheimer restated an “outperform” rating and issued a $17.00 price objective on shares of Amprius Technologies in a research report on Tuesday, December 23rd. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a research note on Wednesday, January 21st. Finally, Needham & Company LLC reissued a “buy” rating and issued a $20.00 price target on shares of Amprius Technologies in a research note on Tuesday, March 10th. Eight research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $19.75.

Check Out Our Latest Report on AMPX

Hedge Funds Weigh In On Amprius Technologies

A number of large investors have recently added to or reduced their stakes in the business. EWA LLC lifted its stake in Amprius Technologies by 3.8% in the fourth quarter. EWA LLC now owns 19,958 shares of the company’s stock worth $157,000 after purchasing an additional 723 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of Amprius Technologies by 14.7% in the third quarter. Victory Capital Management Inc. now owns 11,817 shares of the company’s stock worth $124,000 after buying an additional 1,516 shares during the period. Graham Capital Management L.P. increased its holdings in shares of Amprius Technologies by 3.2% in the fourth quarter. Graham Capital Management L.P. now owns 49,596 shares of the company’s stock worth $391,000 after buying an additional 1,551 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of Amprius Technologies by 5.1% in the 4th quarter. The Manufacturers Life Insurance Company now owns 33,280 shares of the company’s stock valued at $263,000 after acquiring an additional 1,621 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in shares of Amprius Technologies by 6.7% in the 4th quarter. First Trust Advisors LP now owns 32,744 shares of the company’s stock valued at $258,000 after acquiring an additional 2,066 shares during the last quarter. Hedge funds and other institutional investors own 5.04% of the company’s stock.

About Amprius Technologies

(Get Free Report)

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.

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