Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report) shares rose 1.1% during trading on Thursday . The stock traded as high as $19.35 and last traded at $19.1030. Approximately 7,098,556 shares changed hands during trading, a decline of 22% from the average daily volume of 9,099,197 shares. The stock had previously closed at $18.90.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on the stock. Oppenheimer restated an “outperform” rating and set a $17.00 price objective on shares of Amprius Technologies in a research report on Tuesday, December 23rd. Craig Hallum increased their price objective on Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a report on Friday, March 6th. William Blair restated an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. Roth Mkm restated a “buy” rating and set a $20.00 price objective (up from $16.00) on shares of Amprius Technologies in a research report on Friday, March 6th. Finally, Cantor Fitzgerald lifted their price target on Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Eight investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $19.75.
Check Out Our Latest Report on AMPX
Amprius Technologies Stock Up 1.1%
Amprius Technologies (NYSE:AMPX – Get Free Report) last released its quarterly earnings data on Wednesday, March 4th. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.04) by $0.03. Amprius Technologies had a negative return on equity of 24.29% and a negative net margin of 60.30%.The company had revenue of $25.23 million for the quarter, compared to analyst estimates of $22.91 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, analysts forecast that Amprius Technologies, Inc. will post -0.45 earnings per share for the current year.
Insider Buying and Selling at Amprius Technologies
In related news, CTO Constantin Ionel Stefan sold 25,366 shares of the stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $10.16, for a total transaction of $257,718.56. Following the sale, the chief technology officer owned 723,330 shares in the company, valued at $7,349,032.80. This represents a 3.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Wen Hsuan Hsieh sold 413,146 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $18.44, for a total value of $7,618,412.24. Following the completion of the sale, the director directly owned 44,444 shares in the company, valued at approximately $819,547.36. This trade represents a 90.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,929,357 shares of company stock valued at $37,783,110 over the last three months. 12.90% of the stock is currently owned by company insiders.
Institutional Trading of Amprius Technologies
Several institutional investors have recently modified their holdings of the company. Bank of America Corp DE raised its holdings in shares of Amprius Technologies by 31.1% in the 4th quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after purchasing an additional 3,055 shares in the last quarter. Ameritas Investment Partners Inc. lifted its holdings in shares of Amprius Technologies by 2,043.2% in the second quarter. Ameritas Investment Partners Inc. now owns 9,516 shares of the company’s stock valued at $40,000 after purchasing an additional 9,072 shares in the last quarter. Quarry LP acquired a new stake in Amprius Technologies during the 3rd quarter worth about $42,000. Rhumbline Advisers grew its position in Amprius Technologies by 61.1% during the first quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after purchasing an additional 5,951 shares in the last quarter. Finally, Legal & General Group Plc raised its holdings in shares of Amprius Technologies by 1,385.4% during the second quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock worth $44,000 after acquiring an additional 9,684 shares in the last quarter. Institutional investors and hedge funds 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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