Amprius Technologies (NYSE:AMPX) Trading Down 5.8% – What’s Next?

Amprius Technologies, Inc. (NYSE:AMPX) shares fell 5.8% on Monday . The company traded as low as $15.08 and last traded at $15.8710. 7,190,447 shares were traded during mid-day trading, a decline of 19% from the average session volume of 8,862,809 shares. The stock had previously closed at $16.85.

Analysts Set New Price Targets

A number of research firms have weighed in on AMPX. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a research report on Monday, April 20th. William Blair restated an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. Needham & Company LLC restated a “buy” rating and set a $20.00 target price on shares of Amprius Technologies in a research report on Tuesday, March 10th. B. Riley Financial upped their target price on shares of Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, March 9th. Finally, Wall Street Zen lowered shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Eight research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $20.25.

Amprius Technologies Stock Down 2.6%

The company has a market cap of $2.14 billion, a PE ratio of -50.26 and a beta of 2.20. The stock’s 50 day moving average is $18.26 and its 200-day moving average is $13.52.

Amprius Technologies (NYSE:AMPX) last released its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). Amprius Technologies had a negative net margin of 43.98% and a negative return on equity of 17.48%. The business had revenue of $28.54 million for the quarter, compared to analysts’ expectations of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, analysts anticipate that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.

Insider Activity

In related news, Director Kang Sun sold 1,500,000 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $15.91, for a total transaction of $23,865,000.00. Following the transaction, the director directly owned 1,342,400 shares in the company, valued at approximately $21,357,584. This represents a 52.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Wen Hsuan Hsieh sold 413,146 shares of the firm’s stock in a transaction dated Thursday, March 12th. The stock was 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 directly owned 44,444 shares in the company, valued at $819,547.36. This represents a 90.29% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 2,539,829 shares of company stock worth $42,323,376. 5.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. KBC Group NV purchased a new position in Amprius Technologies in the 1st quarter worth about $57,000. Quarry LP acquired a new position in Amprius Technologies during the 3rd quarter valued at approximately $42,000. Jones Financial Companies Lllp increased its stake in Amprius Technologies by 353.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,532 shares of the company’s stock valued at $50,000 after purchasing an additional 3,532 shares in the last quarter. Parallel Advisors LLC acquired a new position in Amprius Technologies during the 3rd quarter valued at approximately $54,000. Finally, Leonteq Securities AG acquired a new position in Amprius Technologies during the 4th quarter valued at approximately $47,000. Hedge funds and other institutional investors 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.