Amprius Technologies (NYSE:AMPX) Shares Gap Up – Here’s What Happened

Amprius Technologies, Inc. (NYSE:AMPX)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $17.16, but opened at $18.31. Amprius Technologies shares last traded at $19.6640, with a volume of 2,916,191 shares.

Wall Street Analyst Weigh In

Several research firms recently issued reports on AMPX. William Blair reissued an “outperform” rating on shares of Amprius Technologies in a report on Friday, March 6th. Needham & Company LLC reissued a “buy” rating and issued a $20.00 target price on shares of Amprius Technologies in a report on Tuesday, March 10th. Craig Hallum increased their target price on shares of Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Wall Street Zen lowered shares of Amprius Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Finally, Cantor Fitzgerald increased their target price on shares of Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $20.25.

Amprius Technologies Stock Up 22.2%

The business’s fifty day moving average is $18.03 and its two-hundred day moving average is $13.66. The stock has a market capitalization of $2.97 billion, a PE ratio of -69.37 and a beta of 2.20.

Amprius Technologies (NYSE:AMPX) last posted its earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share 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 during the quarter, compared to analysts’ expectations of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. Sell-side analysts expect that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.

Insider Activity at Amprius Technologies

In other Amprius Technologies news, Director Wen Hsuan Hsieh sold 413,146 shares of Amprius Technologies stock in a transaction on Thursday, March 12th. The shares were 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 of the company’s stock, valued at $819,547.36. The trade was a 90.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Thomas M. Stepien sold 60,702 shares of Amprius Technologies stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $14.79, for a total transaction of $897,782.58. Following the transaction, the chief executive officer directly owned 699,298 shares of the company’s stock, valued at $10,342,617.42. The trade was a 7.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 2,610,522 shares of company stock valued at $43,769,962 over the last three months. Corporate insiders own 5.10% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Oppenheimer & Co. Inc. raised its holdings in shares of Amprius Technologies by 47.7% in the fourth quarter. Oppenheimer & Co. Inc. now owns 442,090 shares of the company’s stock valued at $3,488,000 after acquiring an additional 142,751 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Amprius Technologies by 37.0% in the third 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 in the last quarter. SG Americas Securities LLC bought a new stake in shares of Amprius Technologies in the fourth quarter valued at about $2,014,000. Stephens Investment Management Group LLC raised its holdings in shares of Amprius Technologies by 33.1% in the fourth quarter. Stephens Investment Management Group LLC now owns 1,441,698 shares of the company’s stock valued at $11,375,000 after acquiring an additional 358,791 shares in the last quarter. Finally, Tudor Investment Corp ET AL bought a new stake in shares of Amprius Technologies in the third quarter valued at about $7,530,000. 5.04% of the stock is owned by hedge funds and other institutional investors.

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.