Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report) Director Steven Chu sold 155,565 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $18.50, for a total transaction of $2,877,952.50. Following the transaction, the director owned 127,339 shares in the company, valued at $2,355,771.50. The trade was a 54.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.
Steven Chu also recently made the following trade(s):
- On Tuesday, March 10th, Steven Chu sold 166,632 shares of Amprius Technologies stock. The shares were sold at an average price of $17.92, for a total transaction of $2,986,045.44.
Amprius Technologies Price Performance
Shares of Amprius Technologies stock opened at $17.93 on Friday. The firm has a market cap of $2.46 billion, a P/E ratio of -52.72 and a beta of 3.04. The firm has a 50 day simple moving average of $11.88 and a 200 day simple moving average of $11.10. Amprius Technologies, Inc. has a fifty-two week low of $1.80 and a fifty-two week high of $19.40.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on AMPX. B. Riley Financial upped their price target on Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, March 9th. Oppenheimer reissued an “outperform” rating and set a $17.00 price objective on shares of Amprius Technologies in a report on Tuesday, December 23rd. Craig Hallum upped their target price on shares of Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Needham & Company LLC reaffirmed a “buy” rating and issued a $20.00 target price on shares of Amprius Technologies in a research note on Tuesday, March 10th. Finally, William Blair reiterated an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. Eight research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Amprius Technologies has an average rating of “Moderate Buy” and a consensus price target of $19.75.
Read Our Latest Stock Analysis on AMPX
Institutional Trading of Amprius Technologies
A number of hedge funds have recently modified their holdings of AMPX. Vanguard Group Inc. boosted its stake in Amprius Technologies by 9.5% during the 4th quarter. Vanguard Group Inc. now owns 7,128,657 shares of the company’s stock worth $56,245,000 after acquiring an additional 616,037 shares during the last quarter. Geode Capital Management LLC increased its stake in Amprius Technologies by 10.5% in the fourth quarter. Geode Capital Management LLC now owns 2,678,417 shares of the company’s stock valued at $21,137,000 after purchasing an additional 253,529 shares in the last quarter. State Street Corp raised its holdings in Amprius Technologies by 16.6% in the fourth quarter. State Street Corp now owns 2,553,710 shares of the company’s stock worth $20,149,000 after purchasing an additional 363,928 shares during the period. Invesco Ltd. raised its holdings in Amprius Technologies by 113.3% in the third quarter. Invesco Ltd. now owns 2,379,384 shares of the company’s stock worth $25,031,000 after purchasing an additional 1,263,846 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in shares of Amprius Technologies by 23.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,194,841 shares of the company’s stock worth $17,317,000 after purchasing an additional 410,724 shares in the last quarter. 5.04% of the stock is currently owned by institutional investors and hedge funds.
Key Headlines Impacting Amprius Technologies
Here are the key news stories impacting Amprius Technologies this week:
- Positive Sentiment: Northland Securities raised Q1 EPS estimates for AMPX, improving near-term earnings visibility and giving bulls a fundamental reason to buy. Q1 EPS Estimates for AMPX Increased by Northland Securities
- Positive Sentiment: Needham & Company reaffirmed its Buy rating on AMPX (and other brokers have raised targets or reiterated buys), adding analyst-level validation that can attract institutional and retail inflows. Needham & Company LLC Reaffirms Buy Rating for Amprius Technologies (NYSE:AMPX)
- Neutral Sentiment: Coverage summarizing Northland’s forecast for AMPX Q4 earnings provides modeling context for investors but is informational until tied to company guidance or additional upgrades. What is Northland Securities’ Forecast for AMPX Q4 Earnings?
- Negative Sentiment: Director Steven Chu sold 155,565 shares on March 12 at an average price of $18.50 (~$2.88M), cutting his holdings by roughly 55% — a large insider sale that can be interpreted as a negative signal and may create short-term downward pressure. SEC Filing: Steven Chu Sale (3/12)
- Negative Sentiment: On March 10 the same director sold another 166,632 shares at an average of $17.92 (~$2.99M). The consecutive large sales amplify the negative signaling despite possible non-operational reasons (tax, diversification). SEC Filing: Steven Chu Sale (3/10)
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.
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