Amprius Technologies (NYSE:AMPX) Trading 3.1% Higher – Here’s What Happened

Amprius Technologies, Inc. (NYSE:AMPX) shares traded up 3.1% on Thursday . The stock traded as high as $16.47 and last traded at $16.0060. 5,902,853 shares changed hands during mid-day trading, a decline of 34% from the average session volume of 8,937,593 shares. The stock had previously closed at $15.52.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on AMPX. William Blair reaffirmed an “outperform” rating on shares of Amprius Technologies in a report on Friday, March 6th. Oppenheimer reissued an “outperform” rating and issued a $17.00 target price on shares of Amprius Technologies in a report on Tuesday, December 23rd. Roth Mkm restated a “buy” rating and set a $20.00 price target (up from $16.00) on shares of Amprius Technologies in a research report on Friday, March 6th. Craig Hallum raised their price target on Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a report on Friday, March 6th. Finally, Cantor Fitzgerald boosted their price objective on Amprius Technologies from $16.00 to $20.00 and gave the stock 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, Amprius Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $19.75.

Amprius Technologies Price Performance

The stock has a 50-day moving average of $13.84 and a 200 day moving average of $12.02. The stock has a market capitalization of $2.19 billion, a price-to-earnings ratio of -47.08 and a beta of 2.19.

Amprius Technologies (NYSE:AMPX) last released 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 company had revenue of $25.23 million for the quarter, compared to the consensus estimate 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. Sell-side analysts anticipate that Amprius Technologies, Inc. will post -0.45 earnings per share for the current fiscal year.

Insider Buying and Selling at Amprius Technologies

In other Amprius Technologies news, Director Steven Chu sold 166,632 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $17.92, for a total transaction of $2,986,045.44. Following the completion of the sale, the director owned 127,339 shares in the company, valued at approximately $2,281,914.88. The trade was a 56.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Wen Hsuan Hsieh sold 413,146 shares of the company’s stock in a transaction on 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 sale, the director 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 disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 3,147,226 shares of company stock valued at $41,879,047. 12.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Amprius Technologies

A number of institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE boosted its holdings in Amprius Technologies by 31.1% during the fourth quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after buying an additional 3,055 shares during the last quarter. Ameritas Investment Partners Inc. increased its stake in shares of Amprius Technologies by 2,043.2% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 9,516 shares of the company’s stock valued at $40,000 after acquiring an additional 9,072 shares during the last quarter. Quarry LP acquired a new stake in shares of Amprius Technologies in the 3rd quarter valued at approximately $42,000. Rhumbline Advisers raised its position in shares of Amprius Technologies by 61.1% in the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after acquiring an additional 5,951 shares during the period. Finally, Legal & General Group Plc boosted its stake in Amprius Technologies by 1,385.4% during the 2nd 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 during the last quarter. 5.04% of the stock is owned by institutional investors and hedge funds.

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.