Amprius Technologies (NYSE:AMPX) Shares Down 7.9% – Here’s What Happened

Amprius Technologies, Inc. (NYSE:AMPX) fell 7.9% on Wednesday . The stock traded as low as $15.35 and last traded at $15.5250. 9,048,601 shares traded hands during mid-day trading, an increase of 1% from the average session volume of 8,984,329 shares. The stock had previously closed at $16.86.

Wall Street Analysts Forecast Growth

AMPX has been the subject of several research reports. Craig Hallum lifted their price objective on Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a 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 report on Friday, March 6th. B. Riley Financial lifted their price target on Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday, March 9th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a research report on Wednesday, January 21st. Finally, Needham & Company LLC reissued a “buy” rating and issued a $20.00 price objective on shares of Amprius Technologies in a research note on Tuesday, March 10th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $19.75.

Amprius Technologies Trading Down 7.9%

The firm has a market capitalization of $2.13 billion, a PE ratio of -45.66 and a beta of 3.04. The stock’s 50 day moving average price is $13.76 and its two-hundred day moving average price is $12.00.

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

Insider Buying and Selling

In related news, Director Kang Sun sold 217,869 shares of the business’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $18.80, for a total value of $4,095,937.20. Following the completion of the transaction, the director owned 56,406 shares of the company’s stock, valued at approximately $1,060,432.80. The trade was a 79.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Wen Hsuan Hsieh sold 413,146 shares of the company’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $18.44, for a total transaction of $7,618,412.24. Following the completion of the transaction, the director owned 44,444 shares in the company, valued at approximately $819,547.36. This trade represents a 90.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 3,147,226 shares of company stock valued at $41,879,047 over the last three months. Insiders own 12.80% of the company’s stock.

Hedge Funds Weigh In On Amprius Technologies

Institutional investors have recently modified their holdings of the company. Stephens Investment Management Group LLC purchased a new position in shares of Amprius Technologies during the 3rd quarter worth $11,392,000. Vanguard Group Inc. grew its position in shares of Amprius Technologies by 37.0% in the third quarter. Vanguard Group Inc. now owns 6,512,620 shares of the company’s stock valued at $68,513,000 after purchasing an additional 1,757,395 shares during the period. Baird Financial Group Inc. grew its position in shares of Amprius Technologies by 99.9% in the second quarter. Baird Financial Group Inc. now owns 1,000,711 shares of the company’s stock valued at $4,213,000 after purchasing an additional 500,212 shares during the period. Calamos Advisors LLC acquired a new position in Amprius Technologies in the third quarter valued at $1,799,000. Finally, Jupiter Asset Management Ltd. acquired a new position in Amprius Technologies in the third quarter valued at $2,098,000. Institutional investors and hedge funds own 5.04% of the company’s stock.

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.