Amprius Technologies (NYSE:AMPX) Stock Price Up 11.8% – Still a Buy?

Amprius Technologies, Inc. (NYSE:AMPX) shares shot up 11.8% during trading on Thursday . The company traded as high as $9.52 and last traded at $9.4350. 5,997,124 shares were traded during trading, a decline of 29% from the average daily volume of 8,446,143 shares. The stock had previously closed at $8.44.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on AMPX shares. Clear Str initiated coverage on Amprius Technologies in a research report on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 price objective on the stock. Zacks Research lowered Amprius Technologies from a “hold” rating to a “strong sell” rating in a research note on Monday, July 6th. Wall Street Zen cut shares of Amprius Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. JonesTrading initiated coverage on shares of Amprius Technologies in a research report on Friday, July 10th. They set a “buy” rating and a $30.00 price objective on the stock. Finally, Northland Securities set a $24.00 price objective on shares of Amprius Technologies in a report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $22.50.

Amprius Technologies Trading Up 1.5%

The firm has a market capitalization of $1.36 billion, a P/E ratio of -32.04 and a beta of 2.25. The business’s 50 day simple moving average is $14.21 and its two-hundred day simple moving average is $14.88.

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

Insider Activity at Amprius Technologies

In related news, Director Donald R. Dixon sold 85,000 shares of Amprius Technologies stock in a transaction on Monday, June 15th. The stock was sold at an average price of $17.17, for a total value of $1,459,450.00. Following the completion of the sale, the director owned 359,380 shares of the company’s stock, valued at $6,170,554.60. The trade was a 19.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Thomas M. Stepien sold 2,000 shares of the company’s stock in a transaction 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 completion of the sale, the chief executive officer owned 625,625 shares of the company’s stock, valued at $13,119,356.25. This trade represents a 0.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 310,144 shares of company stock worth $5,049,997. Company insiders own 5.10% of the company’s stock.

Institutional Trading of Amprius Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. KBC Group NV bought a new stake in Amprius Technologies in the first quarter worth $57,000. Quarry LP purchased a new position in shares of Amprius Technologies in the 3rd quarter worth $42,000. Parallel Advisors LLC bought a new stake in shares of Amprius Technologies in the 3rd quarter worth about $54,000. Leonteq Securities AG bought a new stake in shares of Amprius Technologies in the 4th quarter worth about $47,000. Finally, State of Wyoming raised its position in shares of Amprius Technologies by 155.2% during the 1st quarter. State of Wyoming now owns 6,041 shares of the company’s stock valued at $102,000 after buying an additional 3,674 shares in the last quarter. Institutional investors 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.