Amprius Technologies (NYSE:AMPX) Trading Down 6.6% – Here’s What Happened

Amprius Technologies, Inc. (NYSE:AMPX)’s stock price was down 6.6% during mid-day trading on Friday . The stock traded as low as $9.23 and last traded at $9.2540. 4,226,537 shares were traded during trading, a decline of 50% from the average session volume of 8,507,102 shares. The stock had previously closed at $9.91.

Analysts Set New Price Targets

Several analysts have recently commented on AMPX shares. Clear Str began coverage on Amprius Technologies in a research report on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 target price for the company. Northland Securities set a $24.00 price objective on Amprius Technologies in a research report on Monday, May 11th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a research note on Friday, July 17th. Roth Capital reiterated a “buy” rating on shares of Amprius Technologies in a report on Friday, May 8th. Finally, Wall Street Zen lowered shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $22.50.

Amprius Technologies Trading Down 6.6%

The firm has a market capitalization of $1.31 billion, a PE ratio of -30.85 and a beta of 2.25. The firm’s fifty day moving average price is $14.99 and its 200 day moving average price is $14.92.

Amprius Technologies (NYSE:AMPX) last announced its quarterly earnings data 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). The firm had revenue of $28.54 million for the quarter, compared to analysts’ expectations 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, research analysts expect that Amprius Technologies, Inc. will post -0.07 EPS for the current year.

Insider Transactions at Amprius Technologies

In related news, CEO Thomas M. Stepien sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $20.97, for a total value of $41,940.00. Following the completion of the sale, the chief executive officer owned 625,625 shares of the company’s stock, valued at approximately $13,119,356.25. The trade was a 0.32% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Kang Sun sold 67,796 shares of the firm’s stock in a transaction that occurred on 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 in the company, valued at approximately $18,943,830.66. The trade was a 5.03% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 310,144 shares of company stock valued at $5,049,997 in the last quarter. Corporate insiders own 5.10% of the company’s stock.

Hedge Funds Weigh In On Amprius Technologies

Several hedge funds have recently bought and sold shares of the business. FNY Investment Advisers LLC lifted its position in shares of Amprius Technologies by 89.3% in the second quarter. FNY Investment Advisers LLC now owns 39,302 shares of the company’s stock worth $544,000 after buying an additional 18,545 shares during the last quarter. Janus Henderson Group PLC raised its stake in shares of Amprius Technologies by 35.2% in the 1st quarter. Janus Henderson Group PLC now owns 52,803 shares of the company’s stock valued at $889,000 after acquiring an additional 13,750 shares in the last quarter. Amundi lifted its holdings in Amprius Technologies by 17.3% in the 1st quarter. Amundi now owns 164,589 shares of the company’s stock worth $2,775,000 after purchasing an additional 24,283 shares during the last quarter. California State Teachers Retirement System lifted its holdings in Amprius Technologies by 48.2% in the 1st quarter. California State Teachers Retirement System now owns 159,903 shares of the company’s stock worth $2,696,000 after purchasing an additional 51,973 shares during the last quarter. Finally, Royal Bank of Canada boosted its position in Amprius Technologies by 10.9% during the first quarter. Royal Bank of Canada now owns 101,914 shares of the company’s stock worth $1,718,000 after purchasing an additional 9,998 shares during the period. 5.04% of the stock is 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.