Amprius Technologies (NYSE:AMPX) Trading Up 1.1% – Still a Buy?

Amprius Technologies, Inc. (NYSE:AMPX) shot up 1.1% on Thursday . The stock traded as high as $19.35 and last traded at $19.1030. 7,098,556 shares traded hands during trading, a decline of 22% from the average session volume of 9,099,197 shares. The stock had previously closed at $18.90.

Analyst Ratings Changes

Several research firms have commented on AMPX. Weiss Ratings restated a “sell (e+)” rating on shares of Amprius Technologies in a report on Wednesday, January 21st. Roth Mkm reiterated a “buy” rating and set a $20.00 price objective (up from $16.00) on shares of Amprius Technologies in a report on Friday, March 6th. Cantor Fitzgerald raised their target price on shares of Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. Oppenheimer restated an “outperform” rating and issued a $17.00 target price on shares of Amprius Technologies in a report on Tuesday, December 23rd. Finally, B. Riley Financial increased their price target on shares of Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday, March 9th. Eight research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $19.75.

Amprius Technologies Stock Down 5.0%

The company has a market capitalization of $2.49 billion, a PE ratio of -53.39 and a beta of 3.04. The firm’s 50 day simple moving average is $12.84 and its 200-day simple moving average is $11.47.

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

Insider Activity at Amprius Technologies

In other news, CTO Constantin Ionel Stefan sold 25,366 shares of the business’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $10.16, for a total value of $257,718.56. Following the completion of the sale, the chief technology officer owned 723,330 shares of the company’s stock, valued at approximately $7,349,032.80. The trade was a 3.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Steven Chu sold 155,565 shares of the company’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $18.50, for a total transaction of $2,877,952.50. Following the completion of the sale, the director owned 127,339 shares in the company, valued at approximately $2,355,771.50. This trade represents a 54.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,929,357 shares of company stock worth $37,783,110 in the last ninety days. 12.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Amprius Technologies

A number of hedge funds have recently bought and sold shares of the company. Bank of America Corp DE raised its stake 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 buying an additional 3,055 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Amprius Technologies by 86.7% in the 1st quarter. AQR Capital Management LLC now owns 77,764 shares of the company’s stock worth $208,000 after acquiring an additional 36,116 shares in the last quarter. Millennium Management LLC increased its holdings in shares of Amprius Technologies by 94.5% in the 1st quarter. Millennium Management LLC now owns 1,396,013 shares of the company’s stock valued at $3,741,000 after acquiring an additional 678,442 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of Amprius Technologies by 128.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 244,646 shares of the company’s stock valued at $656,000 after acquiring an additional 137,640 shares in the last quarter. Finally, Rhumbline Advisers raised its position 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 acquiring an additional 5,951 shares in the last quarter. 5.04% of the stock is currently owned by institutional investors and hedge funds.

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.