Amprius Technologies (NYSE:AMPX) Shares Down 7.5% – Here’s Why

Shares of Amprius Technologies, Inc. (NYSE:AMPX) fell 7.5% on Wednesday . The company traded as low as $8.44 and last traded at $8.4460. 5,945,679 shares changed hands during mid-day trading, a decline of 30% from the average daily volume of 8,458,707 shares. The stock had previously closed at $9.13.

Analyst Upgrades and Downgrades

AMPX has been the topic of a number of research reports. Clear Str initiated coverage on shares of Amprius Technologies in a report on Tuesday, June 2nd. They set a “strong-buy” rating and a $33.00 target price on the stock. Roth Capital reaffirmed a “buy” rating on shares of Amprius Technologies in a research report on Friday, May 8th. Zacks Research lowered Amprius Technologies from a “hold” rating to a “strong sell” rating in a report on Monday, July 6th. Wall Street Zen cut Amprius Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Finally, JonesTrading started coverage on Amprius Technologies in a report on Friday, July 10th. They set a “buy” rating and a $30.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Amprius Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $22.50.

Amprius Technologies Stock Performance

The stock’s 50-day simple moving average is $14.59 and its 200 day simple moving average is $14.92. The company has a market capitalization of $1.20 billion, a PE ratio of -28.15 and a beta of 2.25.

Amprius Technologies (NYSE:AMPX) last issued its earnings results on Wednesday, May 6th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). The firm had revenue of $28.54 million for 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. On average, analysts expect that Amprius Technologies, Inc. will post -0.07 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Thomas M. Stepien sold 60,702 shares of the stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $14.79, for a total value of $897,782.58. Following the transaction, the chief executive officer directly owned 699,298 shares of the company’s stock, valued at $10,342,617.42. This trade represents a 7.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Constantin Ionel Stefan sold 28,812 shares of Amprius Technologies stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $14.79, for a total value of $426,129.48. Following the sale, the chief technology officer owned 804,518 shares in the company, valued at $11,898,821.22. This trade represents a 3.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 310,144 shares of company stock valued at $5,049,997. 5.10% of the stock is owned by insiders.

Institutional Trading of Amprius Technologies

Institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in shares of Amprius Technologies by 9.5% in the fourth 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 during the last quarter. Geode Capital Management LLC grew its holdings in Amprius Technologies by 10.5% during the fourth quarter. Geode Capital Management LLC now owns 2,678,417 shares of the company’s stock worth $21,137,000 after acquiring an additional 253,529 shares during the period. State Street Corp boosted its holdings in Amprius Technologies by 16.6% during the fourth quarter. State Street Corp now owns 2,553,710 shares of the company’s stock worth $20,149,000 after buying an additional 363,928 shares in the last quarter. Invesco Ltd. increased its stake in 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 purchasing 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% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,194,841 shares of the company’s stock worth $17,317,000 after buying an additional 410,724 shares during the last quarter. Hedge funds and other 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.