Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report) shares were down 2.2% during mid-day trading on Thursday . The company traded as low as $9.81 and last traded at $9.9450. Approximately 4,019,604 shares were traded during mid-day trading, a decline of 53% from the average session volume of 8,541,812 shares. The stock had previously closed at $10.17.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on the company. Weiss Ratings reissued a “sell (e+)” rating on shares of Amprius Technologies in a report on Friday, July 17th. Roth Capital reaffirmed a “buy” rating on shares of Amprius Technologies in a research note on Friday, May 8th. Northland Securities set a $24.00 price target on shares of Amprius Technologies in a research report on Monday, May 11th. Wall Street Zen cut shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, JonesTrading began coverage on shares of Amprius Technologies in a research note on Friday, July 10th. They set a “buy” rating and a $30.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $22.50.
View Our Latest Research Report on AMPX
Amprius Technologies Stock Performance
Amprius Technologies (NYSE:AMPX – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) 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 the consensus estimate of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, research analysts expect that Amprius Technologies, Inc. will post -0.07 EPS for the current year.
Insider Buying and Selling
In related news, Director Donald R. Dixon sold 85,000 shares of Amprius Technologies stock in a transaction on Monday, June 15th. The shares were sold at an average price of $17.17, for a total value of $1,459,450.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Thomas M. Stepien sold 2,000 shares of Amprius Technologies 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 completion of the transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety 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 added to or reduced their stakes in AMPX. Bank of America Corp DE raised its stake in shares of Amprius Technologies by 31.1% during the fourth quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock valued at $36,000 after acquiring an additional 3,055 shares during the last quarter. Quarry LP purchased a new position in Amprius Technologies during the 3rd quarter valued at about $42,000. Rhumbline Advisers increased its holdings 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 purchasing an additional 5,951 shares during the period. Legal & General Group Plc raised its position 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 purchasing an additional 9,684 shares during the last quarter. Finally, XTX Topco Ltd purchased a new stake in Amprius Technologies in the 2nd quarter worth approximately $44,000. Institutional investors 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.
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