Amprius Technologies (NYSE:AMPX) Shares Up 7.4% – Here’s What Happened

Amprius Technologies, Inc. (NYSE:AMPX)’s stock price rose 7.4% during mid-day trading on Thursday . The company traded as high as $16.19 and last traded at $16.11. 7,734,324 shares were traded during trading, a decline of 13% from the average daily volume of 8,851,743 shares. The stock had previously closed at $15.00.

Analyst Ratings Changes

AMPX has been the subject of several analyst reports. Northland Securities set a $24.00 target price on Amprius Technologies in a research note on Monday, May 11th. Clear Str assumed coverage on Amprius Technologies in a research report on Tuesday, June 2nd. They set a “strong-buy” rating and a $33.00 price target on the stock. Craig Hallum increased their price target 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. Cantor Fitzgerald raised their price objective on shares of Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $20.00 price objective on shares of Amprius Technologies in a research note on Tuesday, March 10th. One 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 company’s stock. According to MarketBeat, Amprius Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $21.67.

Amprius Technologies Price Performance

The stock has a market cap of $2.28 billion, a P/E ratio of -53.70 and a beta of 2.12. The firm’s fifty day moving average price is $18.48 and its two-hundred day moving average price is $14.51.

Amprius Technologies (NYSE:AMPX) last posted its quarterly earnings data 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). 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 for the quarter, compared to the consensus estimate of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, research analysts expect that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CTO Constantin Ionel Stefan sold 3,208 shares of Amprius Technologies stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $17.19, for a total transaction of $55,145.52. Following the completion of the sale, the chief technology officer owned 801,310 shares in the company, valued at approximately $13,774,518.90. This trade represents a 0.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Donald R. Dixon sold 85,000 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $17.17, for a total value of $1,459,450.00. Following the transaction, the director directly owned 359,380 shares of the company’s stock, valued at $6,170,554.60. The trade was a 19.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 2,028,013 shares of company stock worth $33,010,934. 5.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Amprius Technologies

A number of large investors have recently added to or reduced their stakes in AMPX. Bank of America Corp DE boosted its holdings in shares of Amprius Technologies by 31.1% in the 4th quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after purchasing an additional 3,055 shares in the last quarter. Quarry LP purchased a new position in shares of Amprius Technologies during the 3rd quarter valued at about $42,000. Rhumbline Advisers raised its holdings in shares of Amprius Technologies by 61.1% during the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after buying an additional 5,951 shares in the last quarter. Legal & General Group Plc lifted its position in Amprius Technologies by 1,385.4% in the 2nd quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock worth $44,000 after buying an additional 9,684 shares during the last quarter. Finally, XTX Topco Ltd bought a new stake in Amprius Technologies in the 2nd quarter worth approximately $44,000. 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.