Amprius Technologies (NYSE:AMPX) Trading Up 3.8% – Should You Buy?

Amprius Technologies, Inc. (NYSE:AMPX) shares were up 3.8% during trading on Thursday . The stock traded as high as $21.48 and last traded at $21.1030. Approximately 5,566,790 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 8,715,340 shares. The stock had previously closed at $20.34.

Analyst Ratings Changes

Several research analysts have recently commented on AMPX shares. B. Riley Financial lifted 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. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. Cantor Fitzgerald raised their target price on Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Craig Hallum raised their target price on Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Finally, William Blair reissued an “outperform” rating on shares of Amprius Technologies in a research note on Friday, March 6th. Eight analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $19.75.

Amprius Technologies Price Performance

The company has a market capitalization of $2.85 billion, a P/E ratio of -61.27 and a beta of 2.21. The company has a 50 day moving average of $16.95 and a 200-day moving average of $13.10.

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

Insider Activity

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 shares were sold at an average price of $15.91, for a total value of $23,865,000.00. Following the completion of the transaction, the director directly owned 1,342,400 shares in the company, valued at $21,357,584. The trade was a 52.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Constantin Ionel Stefan sold 25,366 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $10.16, for a total transaction of $257,718.56. Following the completion of the transaction, the chief technology officer owned 723,330 shares of the company’s stock, valued at approximately $7,349,032.80. The trade was a 3.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,539,829 shares of company stock valued at $42,323,376 in the last quarter. Insiders own 12.90% of the company’s stock.

Hedge Funds Weigh In On Amprius Technologies

Hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in Amprius Technologies by 31.1% during the 4th quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock valued at $36,000 after buying an additional 3,055 shares during the last quarter. Quarry LP purchased a new stake in Amprius Technologies during the 3rd quarter valued at $42,000. Rhumbline Advisers raised its stake in Amprius Technologies by 61.1% during the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after buying an additional 5,951 shares during the last quarter. Legal & General Group Plc raised its stake 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 valued at $44,000 after buying an additional 9,684 shares during the last quarter. Finally, XTX Topco Ltd purchased a new stake in Amprius Technologies during the 2nd quarter valued at $44,000. 5.04% of the stock is currently owned by hedge funds and other 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.