Amprius Technologies (NYSE:AMPX) Trading Up 4.9% – Should You Buy?

Amprius Technologies, Inc. (NYSE:AMPX) was up 4.9% during trading on Tuesday . The company traded as high as $22.25 and last traded at $22.9790. Approximately 9,527,728 shares were traded during trading, a decline of 6% from the average daily volume of 10,157,758 shares. The stock had previously closed at $21.9110.

Analyst Ratings Changes

A number of equities research analysts have recently commented on AMPX shares. 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. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a research note on Monday, April 20th. Craig Hallum increased their target price on Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a research report on Friday, March 6th. William Blair reiterated an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. Finally, Northland Securities set a $24.00 target price on Amprius Technologies in a research report on Monday, May 11th. Eight investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $20.25.

Amprius Technologies Trading Down 5.0%

The business has a fifty day simple moving average of $18.31 and a two-hundred day simple moving average of $13.98. The company has a market cap of $3.08 billion, a PE ratio of -72.55 and a beta of 2.12.

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

Insider Buying and Selling

In other Amprius Technologies news, CEO Thomas M. Stepien sold 60,702 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $14.79, for a total value of $897,782.58. Following the transaction, the chief executive officer owned 699,298 shares in the company, valued at approximately $10,342,617.42. This trade represents a 7.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Constantin Ionel Stefan sold 28,812 shares of the firm’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $14.79, for a total value of $426,129.48. Following the completion of the transaction, the chief technology officer owned 804,518 shares in the company, valued at $11,898,821.22. The trade was a 3.46% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 2,636,356 shares of company stock worth $44,226,754 in the last ninety days. Company insiders own 5.10% of the company’s stock.

Institutional Trading of Amprius Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of AMPX. Bank of America Corp DE increased its stake 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 acquiring an additional 3,055 shares during the last quarter. AQR Capital Management LLC increased its stake 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 during the last quarter. Millennium Management LLC increased its stake 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 worth $3,741,000 after acquiring an additional 678,442 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Amprius Technologies by 128.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 244,646 shares of the company’s stock worth $656,000 after acquiring an additional 137,640 shares during the last quarter. Finally, Rhumbline Advisers increased 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 worth $42,000 after acquiring an additional 5,951 shares during the last quarter. 5.04% of the stock is 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.