Amprius Technologies (NYSE:AMPX) Trading 3.9% Higher – Here’s What Happened

Amprius Technologies, Inc. (NYSE:AMPXGet Free Report)’s stock price shot up 3.9% on Friday . The company traded as high as $17.15 and last traded at $16.7350. 12,431,898 shares traded hands during trading, an increase of 40% from the average session volume of 8,902,313 shares. The stock had previously closed at $16.11.

Amprius Technologies News Roundup

Here are the key news stories impacting Amprius Technologies this week:

Analysts Set New Price Targets

Several brokerages have recently issued reports on AMPX. Needham & Company LLC reissued a “buy” rating and set a $20.00 price objective on shares of Amprius Technologies in a research note on Tuesday, March 10th. B. Riley Financial boosted their price target on Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, March 9th. Craig Hallum upped their price target on Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Cantor Fitzgerald raised their price objective on Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. Finally, William Blair reaffirmed an “outperform” rating on shares of Amprius Technologies in a research note on Friday, March 6th. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $19.75.

Check Out Our Latest Research Report on AMPX

Amprius Technologies Stock Performance

The company’s fifty day moving average is $17.53 and its two-hundred day moving average is $13.25. The firm has a market cap of $2.29 billion, a price-to-earnings ratio of -55.78 and a beta of 2.20.

Amprius Technologies (NYSE:AMPXGet Free Report) last announced 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). Amprius Technologies had a negative net margin of 43.98% and a negative return on equity of 18.16%. The company had revenue of $28.54 million during the quarter, compared to analyst estimates of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, analysts forecast that Amprius Technologies, Inc. will post -0.03 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CTO Constantin Ionel Stefan sold 25,366 shares of Amprius Technologies stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $10.16, for a total transaction of $257,718.56. Following the sale, the chief technology officer owned 723,330 shares in the company, valued at $7,349,032.80. This trade represents a 3.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Steven Chu sold 166,632 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $17.92, for a total transaction of $2,986,045.44. Following the completion of the transaction, the director owned 127,339 shares of the company’s stock, valued at $2,281,914.88. This trade represents a 56.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 2,539,829 shares of company stock valued at $42,323,376. Insiders own 12.90% of the company’s stock.

Institutional Trading of Amprius Technologies

Hedge funds and other institutional investors have recently modified their holdings of the business. AlphaCentric Advisors LLC lifted its stake in shares of Amprius Technologies by 20.0% in the first quarter. AlphaCentric Advisors LLC now owns 60,000 shares of the company’s stock worth $1,012,000 after acquiring an additional 10,000 shares in the last quarter. KBC Group NV acquired a new position in shares of Amprius Technologies in the 1st quarter valued at approximately $57,000. Swiss National Bank boosted its stake in shares of Amprius Technologies by 4.7% during the 1st quarter. Swiss National Bank now owns 232,400 shares of the company’s stock valued at $3,918,000 after buying an additional 10,400 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of Amprius Technologies by 700.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 431,398 shares of the company’s stock worth $6,695,000 after buying an additional 377,485 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in shares of Amprius Technologies by 60.9% in the first quarter. Geneos Wealth Management Inc. now owns 17,140 shares of the company’s stock worth $289,000 after buying an additional 6,490 shares during the last quarter. 5.04% of the stock is owned by hedge funds and other institutional investors.

Amprius Technologies Company Profile

(Get Free Report)

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.

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