Amprius Technologies (NYSE:AMPX) Trading 3.1% Higher – Here’s What Happened

Amprius Technologies, Inc. (NYSE:AMPX) shot up 3.1% during mid-day trading on Thursday . The company traded as high as $16.47 and last traded at $16.0060. 5,902,853 shares traded hands during trading, a decline of 34% from the average session volume of 8,937,593 shares. The stock had previously closed at $15.52.

Analyst Upgrades and Downgrades

Several research firms have weighed in on AMPX. Needham & Company LLC reiterated a “buy” rating and issued a $20.00 target price on shares of Amprius Technologies in a report on Tuesday, March 10th. William Blair reissued an “outperform” rating on shares of Amprius Technologies in a report on Friday, March 6th. Roth Mkm restated a “buy” rating and issued a $20.00 price objective (up from $16.00) on shares of Amprius Technologies in a research report on Friday, March 6th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a report on Wednesday, January 21st. Finally, Craig Hallum boosted their target price on Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Eight equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $19.75.

Amprius Technologies Trading Up 3.1%

The company has a 50 day simple moving average of $13.84 and a 200 day simple moving average of $12.02. The stock has a market cap of $2.19 billion, a P/E ratio of -47.08 and a beta of 2.19.

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

Insider Buying and Selling

In related news, Director Kang Sun sold 217,869 shares of the stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $18.80, for a total transaction of $4,095,937.20. Following the completion of the transaction, the director directly owned 56,406 shares of the company’s stock, valued at approximately $1,060,432.80. This represents a 79.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CTO Constantin Ionel Stefan sold 25,366 shares of the firm’s stock in a transaction that occurred on 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 transaction, the chief technology officer owned 723,330 shares of the company’s stock, valued at approximately $7,349,032.80. This represents a 3.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 3,147,226 shares of company stock worth $41,879,047. Insiders own 12.90% of the company’s stock.

Institutional Trading of Amprius Technologies

Hedge funds have recently made changes to their positions in the business. Stephens Investment Management Group LLC acquired a new position in shares of Amprius Technologies during the 3rd quarter worth approximately $11,392,000. Vanguard Group Inc. lifted its holdings in Amprius Technologies by 37.0% during the 3rd quarter. Vanguard Group Inc. now owns 6,512,620 shares of the company’s stock valued at $68,513,000 after purchasing an additional 1,757,395 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in Amprius Technologies by 99.9% during the 2nd quarter. Baird Financial Group Inc. now owns 1,000,711 shares of the company’s stock valued at $4,213,000 after purchasing an additional 500,212 shares during the last quarter. Calamos Advisors LLC bought a new position in Amprius Technologies during the third quarter worth $1,799,000. Finally, Jupiter Asset Management Ltd. bought a new position in Amprius Technologies during the third quarter worth $2,098,000. 5.04% of the stock is owned by institutional investors and hedge funds.

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.