Amprius Technologies (NYSE:AMPX) Trading 24.2% Higher – Still a Buy?

Shares of Amprius Technologies, Inc. (NYSE:AMPX) traded up 24.2% during mid-day trading on Thursday . The stock traded as high as $22.11 and last traded at $21.3110. 25,220,907 shares traded hands during trading, an increase of 179% from the average session volume of 9,050,681 shares. The stock had previously closed at $17.16.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Amprius Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Roth Mkm reissued a “buy” rating on shares of Amprius Technologies in a report on Friday, May 8th. Cantor Fitzgerald lifted their price target on shares of Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a report on Friday, March 6th. B. Riley Financial lifted their price target on shares of Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a report on Monday, March 9th. Finally, Northland Securities set a $24.00 price target on shares of Amprius Technologies in a report on Monday, May 11th. 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.com, Amprius Technologies has an average rating of “Moderate Buy” and a consensus target price of $20.25.

Amprius Technologies Price Performance

The company has a market capitalization of $3.02 billion, a P/E ratio of -71.03 and a beta of 2.20. The stock’s 50 day simple moving average is $18.03 and its two-hundred day simple moving average is $13.66.

Amprius Technologies (NYSE:AMPX) last announced 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 return on equity of 17.48% and a negative net margin of 43.98%.The company had revenue of $28.54 million during the quarter, compared to the consensus estimate of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, equities research analysts expect that Amprius Technologies, Inc. will post -0.07 earnings per share for the current year.

Insider Buying and Selling

In other Amprius Technologies news, CTO Constantin Ionel Stefan sold 28,812 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $14.79, for a total value of $426,129.48. Following the completion of the transaction, the chief technology officer directly owned 804,518 shares of the company’s stock, valued at approximately $11,898,821.22. The trade was a 3.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kang Sun sold 1,500,000 shares of the business’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $15.91, for a total transaction of $23,865,000.00. Following the completion of the transaction, the director directly owned 1,342,400 shares of the company’s stock, valued at approximately $21,357,584. This represents a 52.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 2,610,522 shares of company stock valued at $43,769,962. Insiders own 5.10% of the company’s stock.

Institutional Investors Weigh In On Amprius Technologies

Institutional investors have recently modified their holdings of the business. Oppenheimer & Co. Inc. grew its position in shares of Amprius Technologies by 47.7% during the 4th quarter. Oppenheimer & Co. Inc. now owns 442,090 shares of the company’s stock worth $3,488,000 after buying an additional 142,751 shares during the period. 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 worth $68,513,000 after buying an additional 1,757,395 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Amprius Technologies during the 4th quarter worth approximately $2,014,000. Stephens Investment Management Group LLC grew its position in shares of Amprius Technologies by 33.1% during the 4th quarter. Stephens Investment Management Group LLC now owns 1,441,698 shares of the company’s stock worth $11,375,000 after buying an additional 358,791 shares during the period. Finally, Tudor Investment Corp ET AL acquired a new stake in shares of Amprius Technologies during the 3rd quarter worth approximately $7,530,000. Institutional investors and hedge funds own 5.04% of the company’s stock.

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.