Amprius Technologies (NYSE:AMPX) Trading Down 7.9% Following Insider Selling

Shares of Amprius Technologies, Inc. (NYSE:AMPX) traded down 7.9% on Tuesday following insider selling activity. The stock traded as low as $15.40 and last traded at $15.4940. Approximately 6,247,189 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 8,852,613 shares. The stock had previously closed at $16.82.

Specifically, Director Donald R. Dixon sold 85,000 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $17.17, for a total value of $1,459,450.00. Following the transaction, the director owned 359,380 shares of the company’s stock, valued at approximately $6,170,554.60. This represents a 19.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Donald R. Dixon sold 40,000 shares of the stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $19.13, for a total value of $765,200.00. Following the completion of the sale, the director owned 444,380 shares in the company, valued at $8,500,989.40. This trade represents a 8.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure.

Analysts Set New Price Targets

A number of equities analysts have weighed in on AMPX shares. Northland Securities set a $24.00 target price on Amprius Technologies in a research note on Monday, May 11th. Needham & Company LLC reiterated a “buy” rating and set a $20.00 price target on shares of Amprius Technologies in a research report on Tuesday, March 10th. B. Riley Financial boosted their price objective on Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, March 9th. William Blair restated an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. Finally, Wall Street Zen downgraded shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $21.67.

Amprius Technologies Price Performance

The stock has a 50 day moving average of $18.51 and a 200 day moving average of $14.47. The firm has a market cap of $2.28 billion, a P/E ratio of -53.70 and a beta of 2.12.

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

Institutional Trading of Amprius Technologies

Hedge funds have recently bought and sold shares of the company. Bank of America Corp DE grew its position in Amprius Technologies by 31.1% during the fourth quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock valued at $36,000 after acquiring an additional 3,055 shares during the last quarter. Quarry LP bought a new stake in shares of Amprius Technologies in the 3rd quarter worth approximately $42,000. Rhumbline Advisers boosted its stake in shares of Amprius Technologies by 61.1% in the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after purchasing an additional 5,951 shares in the last quarter. Legal & General Group Plc boosted its stake in shares of Amprius Technologies by 1,385.4% in the 2nd quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock valued at $44,000 after purchasing an additional 9,684 shares in the last quarter. Finally, XTX Topco Ltd bought a new position in shares of Amprius Technologies during the 2nd quarter valued at $44,000. 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.