Amprius Technologies (NYSE:AMPX) Shares Down 4.4% on Insider Selling

Amprius Technologies, Inc. (NYSE:AMPX)’s stock price dropped 4.4% during mid-day trading on Thursday following insider selling activity. The company traded as low as $16.79 and last traded at $17.1430. Approximately 5,895,883 shares changed hands during mid-day trading, a decline of 34% from the average daily volume of 8,990,536 shares. The stock had previously closed at $17.93.

Specifically, Director Kang Sun sold 217,869 shares of the business’s stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $18.80, for a total transaction of $4,095,937.20. Following the completion of the transaction, the director owned 56,406 shares of the company’s stock, valued at approximately $1,060,432.80. The trade was a 79.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $20.00 target price on shares of Amprius Technologies in a report on Tuesday, March 10th. Roth Mkm reissued a “buy” rating and issued a $20.00 price objective (up from $16.00) on shares of Amprius Technologies in a research report on Friday, March 6th. Craig Hallum raised their price objective on shares of Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a research report on Wednesday, January 21st. Finally, Cantor Fitzgerald upped their target price on shares of Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Eight equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $19.75.

Amprius Technologies Price Performance

The firm has a 50 day moving average of $13.33 and a 200-day moving average of $11.73. The stock has a market capitalization of $2.35 billion, a P/E ratio of -50.42 and a beta of 3.04.

Amprius Technologies (NYSE:AMPX) last announced its quarterly earnings data on Wednesday, March 4th. The company reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.03. Amprius Technologies had a negative return on equity of 24.29% and a negative net margin of 60.30%.The company had revenue of $25.23 million during the quarter, compared to the consensus estimate of $22.91 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, equities analysts expect that Amprius Technologies, Inc. will post -0.45 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of AMPX. Vanguard Group Inc. increased its holdings in Amprius Technologies by 9.5% in the 4th quarter. Vanguard Group Inc. now owns 7,128,657 shares of the company’s stock valued at $56,245,000 after buying an additional 616,037 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Amprius Technologies by 10.5% during the 4th quarter. Geode Capital Management LLC now owns 2,678,417 shares of the company’s stock worth $21,137,000 after acquiring an additional 253,529 shares during the period. State Street Corp boosted its position in shares of Amprius Technologies by 16.6% during the 4th quarter. State Street Corp now owns 2,553,710 shares of the company’s stock valued at $20,149,000 after acquiring an additional 363,928 shares in the last quarter. Invesco Ltd. boosted its position in shares of Amprius Technologies by 113.3% during the 3rd quarter. Invesco Ltd. now owns 2,379,384 shares of the company’s stock valued at $25,031,000 after acquiring an additional 1,263,846 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in Amprius Technologies by 23.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,194,841 shares of the company’s stock valued at $17,317,000 after acquiring an additional 410,724 shares during the period. 5.04% of the stock is owned by institutional investors.

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.