Amprius Technologies (NYSE:AMPX) CEO Thomas Stepien Sells 2,000 Shares

Amprius Technologies, Inc. (NYSE:AMPX) CEO Thomas Stepien sold 2,000 shares of the stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $20.97, for a total value of $41,940.00. Following the sale, the chief executive officer owned 625,625 shares in the company, valued at $13,119,356.25. The trade was a 0.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Amprius Technologies Price Performance

AMPX opened at $19.66 on Friday. Amprius Technologies, Inc. has a 12 month low of $2.65 and a 12 month high of $24.23. The stock has a market cap of $2.78 billion, a P/E ratio of -65.53 and a beta of 2.12. The stock’s 50 day moving average price is $18.44 and its 200 day moving average price is $14.10.

Amprius Technologies (NYSE:AMPX) last posted its earnings results on Wednesday, May 6th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to analyst estimates of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. Equities analysts anticipate that Amprius Technologies, Inc. will post -0.07 EPS for the current year.

Institutional Investors Weigh In On Amprius Technologies

Several large investors have recently modified their holdings of AMPX. Bank of America Corp DE boosted its stake in shares of Amprius Technologies by 31.1% during the 4th quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after acquiring an additional 3,055 shares in the last quarter. Quarry LP purchased a new stake in shares of Amprius Technologies in the third quarter valued at $42,000. Rhumbline Advisers lifted its holdings in shares of Amprius Technologies by 61.1% in 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. Legal & General Group Plc boosted its position 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 period. Finally, XTX Topco Ltd purchased a new position in Amprius Technologies during the 2nd quarter valued at about $44,000. 5.04% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently commented on the company. Clear Str upgraded Amprius Technologies to a “strong-buy” rating in a research report on Tuesday. Cantor Fitzgerald increased 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. Needham & Company LLC reaffirmed a “buy” rating and set a $20.00 price target on shares of Amprius Technologies in a research note on Tuesday, March 10th. Craig Hallum increased their price target on Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Finally, Northland Securities set a $24.00 price target on Amprius Technologies in a research note on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $20.25.

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.