Amprius Technologies (NYSE:AMPX) Trading Down 2.5% – What’s Next?

Amprius Technologies, Inc. (NYSE:AMPX) shares dropped 2.5% during trading on Wednesday . The company traded as low as $18.82 and last traded at $18.90. Approximately 6,276,988 shares traded hands during trading, a decline of 31% from the average daily volume of 9,137,084 shares. The stock had previously closed at $19.38.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on AMPX. B. Riley Financial increased their price objective on Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a report on Monday, March 9th. Roth Mkm reaffirmed a “buy” rating and set a $20.00 target price (up from $16.00) on shares of Amprius Technologies in a report on Friday, March 6th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a research report on Wednesday, January 21st. Cantor Fitzgerald raised their price target on shares of Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. Finally, William Blair restated an “outperform” rating on shares of Amprius Technologies in a research note on Friday, March 6th. Eight research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $19.75.

Amprius Technologies Trading Down 2.5%

The firm has a 50-day simple moving average of $12.27 and a two-hundred day simple moving average of $11.29. The company has a market capitalization of $2.59 billion, a price-to-earnings ratio of -55.59 and a beta of 3.04.

Amprius Technologies (NYSE:AMPX) last issued its quarterly earnings data on Wednesday, March 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.03. The business had revenue of $25.23 million during the quarter, compared to analysts’ expectations 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. Equities research analysts anticipate that Amprius Technologies, Inc. will post -0.45 EPS for the current year.

Insider Buying and Selling

In other news, Director Steven Chu sold 166,632 shares of Amprius Technologies stock in a transaction that occurred 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 transaction, the director directly owned 127,339 shares of the company’s stock, valued at $2,281,914.88. The trade was a 56.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kang Sun sold 950,548 shares of the business’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $11.07, for a total transaction of $10,522,566.36. Following the completion of the transaction, the director owned 1,403,651 shares of the company’s stock, valued at approximately $15,538,416.57. This represents a 40.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 2,929,357 shares of company stock valued at $37,783,110. Insiders own 12.80% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AMPX. Stephens Investment Management Group LLC acquired a new position in shares of Amprius Technologies in the third quarter worth about $11,392,000. Vanguard Group Inc. grew its position in shares of Amprius Technologies by 37.0% during the 3rd quarter. Vanguard Group Inc. now owns 6,512,620 shares of the company’s stock valued at $68,513,000 after acquiring an additional 1,757,395 shares during the period. Baird Financial Group Inc. grew its position in shares of Amprius Technologies by 99.9% during the 2nd quarter. Baird Financial Group Inc. now owns 1,000,711 shares of the company’s stock valued at $4,213,000 after acquiring an additional 500,212 shares during the period. Calamos Advisors LLC purchased a new position in shares of Amprius Technologies in the 3rd quarter valued at about $1,799,000. Finally, Jupiter Asset Management Ltd. acquired a new position in Amprius Technologies in the 3rd quarter worth about $2,098,000. Hedge funds and other 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.