Amprius Technologies (NYSE:AMPX – Get Free Report) was upgraded by equities researchers at Clear Str to a “strong-buy” rating in a research note issued on Tuesday,Zacks.com reports.
A number of other research firms have also recently weighed in on AMPX. Craig Hallum lifted their price objective on Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Northland Securities set a $24.00 target price on Amprius Technologies in a research note on Monday, May 11th. B. Riley Financial lifted their target price on Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, March 9th. Wall Street Zen downgraded Amprius Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Finally, Roth Mkm reissued a “buy” rating on shares of Amprius Technologies in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, Amprius Technologies presently has an average rating of “Moderate Buy” and an average target price of $20.25.
Read Our Latest Analysis on Amprius Technologies
Amprius Technologies Stock Up 3.7%
Amprius Technologies (NYSE:AMPX – Get Free Report) last posted 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). Amprius Technologies had a negative net margin of 43.98% and a negative return on equity of 17.48%. The company had revenue of $28.54 million for the quarter, compared to analysts’ expectations of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, equities research analysts expect that Amprius Technologies will post -0.07 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Amprius Technologies news, CEO Thomas M. Stepien sold 4,375 shares of Amprius Technologies stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $17.19, for a total value of $75,206.25. Following the sale, the chief executive officer owned 694,923 shares of the company’s stock, valued at $11,945,726.37. The trade was a 0.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available 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 3,208 shares of Amprius Technologies stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $17.19, for a total value of $55,145.52. Following the completion of the sale, the chief technology officer directly owned 801,310 shares in the company, valued at approximately $13,774,518.90. The trade was a 0.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 2,636,356 shares of company stock worth $44,226,754. Insiders own 5.10% of the company’s stock.
Institutional Trading of Amprius Technologies
Large investors have recently added to or reduced their stakes in the company. KBC Group NV bought a new stake in Amprius Technologies in the 1st quarter worth approximately $57,000. Quarry LP bought a new position in shares of Amprius Technologies during the 3rd quarter valued at approximately $42,000. Jones Financial Companies Lllp increased its position in shares of Amprius Technologies by 353.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,532 shares of the company’s stock valued at $50,000 after purchasing an additional 3,532 shares during the last quarter. Parallel Advisors LLC bought a new position in shares of Amprius Technologies during the 3rd quarter valued at approximately $54,000. Finally, Leonteq Securities AG bought a new position in shares of Amprius Technologies during the 4th quarter valued at approximately $47,000. Institutional investors own 5.04% of the company’s stock.
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.
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