Amprius Technologies (NYSE:AMPX) Shares Down 4.4% After Insider Selling

Amprius Technologies, Inc. (NYSE:AMPX) traded down 4.4% on Monday after an insider sold shares in the company. The stock traded as low as $18.50 and last traded at $18.8160. 4,741,337 shares changed hands during trading, a decline of 47% from the average session volume of 9,009,937 shares. The stock had previously closed at $19.69.

Specifically, CEO Thomas M. Stepien sold 2,000 shares of the business’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $20.97, for a total transaction of $41,940.00. Following the sale, the chief executive officer directly owned 625,625 shares in the company, valued at approximately $13,119,356.25. The trade was a 0.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Northland Securities set a $24.00 price objective on Amprius Technologies in a research note on Monday, May 11th. Craig Hallum boosted their price objective on Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Clear Str assumed coverage on Amprius Technologies in a research report on Tuesday, June 2nd. They set a “strong-buy” rating and a $33.00 target price for the company. Roth Mkm restated a “buy” rating on shares of Amprius Technologies in a research report on Friday, May 8th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Amprius Technologies in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $21.67.

Amprius Technologies Price Performance

The stock’s 50 day moving average price is $18.44 and its two-hundred day moving average price is $14.13. The firm has a market capitalization of $2.66 billion, a price-to-earnings ratio of -62.72 and a beta of 2.12.

Amprius Technologies (NYSE:AMPX) last issued its quarterly earnings data 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 firm had revenue of $28.54 million during the quarter, compared to analyst estimates of $25.72 million. Amprius Technologies had a negative return on equity of 17.48% and a negative net margin of 43.98%.Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, equities research analysts anticipate that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.

Hedge Funds Weigh In On Amprius Technologies

Several large investors have recently bought and sold shares of AMPX. Vanguard Group Inc. raised its stake in shares of Amprius Technologies by 9.5% in the 4th quarter. Vanguard Group Inc. now owns 7,128,657 shares of the company’s stock valued at $56,245,000 after buying an additional 616,037 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Amprius Technologies by 10.5% in the 4th quarter. Geode Capital Management LLC now owns 2,678,417 shares of the company’s stock valued at $21,137,000 after buying an additional 253,529 shares in the last quarter. State Street Corp raised its stake in shares of Amprius Technologies by 16.6% in the 4th quarter. State Street Corp now owns 2,553,710 shares of the company’s stock valued at $20,149,000 after buying an additional 363,928 shares in the last quarter. Invesco Ltd. raised its stake in shares of Amprius Technologies by 113.3% in the 3rd quarter. Invesco Ltd. now owns 2,379,384 shares of the company’s stock valued at $25,031,000 after buying an additional 1,263,846 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of Amprius Technologies by 23.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,194,841 shares of the company’s stock valued at $17,317,000 after buying an additional 410,724 shares in the last quarter. 5.04% of the stock is currently owned by institutional investors and hedge funds.

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.