Amprius Technologies (NYSE:AMPX) Trading 2.6% Higher – Here’s What Happened

Amprius Technologies, Inc. (NYSE:AMPX) was up 2.6% during mid-day trading on Monday . The company traded as high as $19.39 and last traded at $18.6750. Approximately 7,154,318 shares were traded during trading, a decline of 21% from the average daily volume of 9,070,048 shares. The stock had previously closed at $18.20.

Analysts Set New Price Targets

AMPX has been the subject of a number of recent analyst reports. Oppenheimer reaffirmed an “outperform” rating and issued a $17.00 price objective on shares of Amprius Technologies in a report on Tuesday, December 23rd. 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 issued a $20.00 price target (up from $16.00) on shares of Amprius Technologies in a research note on Friday, March 6th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a report on Wednesday, January 21st. Finally, Needham & Company LLC reiterated a “buy” rating and set a $20.00 price target on shares of Amprius Technologies in a research report on Tuesday, March 10th. Eight investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $19.75.

Amprius Technologies Trading Up 2.6%

The firm’s fifty day moving average is $12.84 and its 200 day moving average is $11.53. The company has a market cap of $2.56 billion, a PE ratio of -54.92 and a beta of 3.04.

Amprius Technologies (NYSE:AMPX) last announced its earnings results on Wednesday, March 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.03. The business had revenue of $25.23 million for the quarter, compared to analyst estimates of $22.91 million. Amprius Technologies had a negative net margin of 60.30% and a negative return on equity of 24.29%. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, sell-side analysts anticipate that Amprius Technologies, Inc. will post -0.45 EPS for the current fiscal year.

Insider Transactions at Amprius Technologies

In other Amprius Technologies news, Director Steven Chu sold 155,565 shares of the business’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 completion of the sale, the director directly owned 127,339 shares in the company, valued at approximately $2,355,771.50. The trade was a 54.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Wen Hsuan Hsieh sold 413,146 shares of the stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $18.44, for a total value of $7,618,412.24. Following the transaction, the director directly owned 44,444 shares of the company’s stock, valued at $819,547.36. The trade was a 90.29% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 2,929,357 shares of company stock valued at $37,783,110. 12.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. EWA LLC boosted its stake in Amprius Technologies by 3.8% during the 4th quarter. EWA LLC now owns 19,958 shares of the company’s stock worth $157,000 after purchasing an additional 723 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of Amprius Technologies by 14.7% in the third quarter. Victory Capital Management Inc. now owns 11,817 shares of the company’s stock valued at $124,000 after buying an additional 1,516 shares during the last quarter. Graham Capital Management L.P. raised its position in shares of Amprius Technologies by 3.2% in the fourth quarter. Graham Capital Management L.P. now owns 49,596 shares of the company’s stock valued at $391,000 after buying an additional 1,551 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of Amprius Technologies by 5.1% in the fourth quarter. The Manufacturers Life Insurance Company now owns 33,280 shares of the company’s stock worth $263,000 after buying an additional 1,621 shares in the last quarter. Finally, First Trust Advisors LP lifted its stake in shares of Amprius Technologies by 6.7% in the fourth quarter. First Trust Advisors LP now owns 32,744 shares of the company’s stock worth $258,000 after buying an additional 2,066 shares in the last quarter. 5.04% of the stock is owned by institutional investors and hedge funds.

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.