Amprius Technologies (NYSE:AMPX) Trading 4% Higher – Here’s Why

Amprius Technologies, Inc. (NYSE:AMPX)’s share price rose 4% during trading on Thursday . The company traded as high as $17.13 and last traded at $17.0930. Approximately 5,753,316 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 8,941,151 shares. The stock had previously closed at $16.43.

Wall Street Analysts Forecast Growth

AMPX has been the subject of a number of research reports. Roth Mkm reaffirmed a “buy” rating on shares of Amprius Technologies in a report on Friday, May 8th. Wall Street Zen downgraded shares of Amprius Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Cantor Fitzgerald lifted their price objective on shares of Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. Needham & Company LLC reaffirmed a “buy” rating and issued a $20.00 price objective on shares of Amprius Technologies in a report on Tuesday, March 10th. Finally, Clear Str initiated coverage on shares of Amprius Technologies in a report on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Amprius Technologies presently has an average rating of “Moderate Buy” and an average target price of $21.67.

Amprius Technologies Stock Up 4.0%

The company has a market capitalization of $2.42 billion, a P/E ratio of -56.97 and a beta of 2.12. The business has a 50 day simple moving average of $18.53 and a 200-day simple moving average of $14.27.

Amprius Technologies (NYSE:AMPX) last posted its earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) 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 during the quarter, compared to the consensus estimate of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. Equities analysts forecast that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Donald R. Dixon sold 17,895 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $17.90, for a total value of $320,320.50. Following the completion of the transaction, the director owned 484,380 shares of the company’s stock, valued at approximately $8,670,402. This represents a 3.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Kang Sun sold 1,500,000 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $15.91, for a total value of $23,865,000.00. Following the completion of the transaction, the director directly owned 1,342,400 shares of the company’s stock, valued at approximately $21,357,584. The trade was a 52.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 1,903,013 shares of company stock worth $30,786,284. 5.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of AMPX. Voloridge Investment Management LLC bought a new position in shares of Amprius Technologies in the third quarter worth $19,737,000. BNP Paribas Financial Markets raised its stake in shares of Amprius Technologies by 1,117.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,943,905 shares of the company’s stock worth $20,450,000 after buying an additional 1,784,291 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Amprius Technologies by 37.0% in the 3rd quarter. Vanguard Group Inc. now owns 6,512,620 shares of the company’s stock worth $68,513,000 after buying an additional 1,757,395 shares in the last quarter. Norges Bank bought a new position in Amprius Technologies during the fourth quarter valued at about $10,295,000. Finally, Invesco Ltd. boosted its stake in Amprius Technologies by 113.3% during the third quarter. Invesco Ltd. now owns 2,379,384 shares of the company’s stock valued at $25,031,000 after buying an additional 1,263,846 shares in the last quarter. Institutional investors own 5.04% of the company’s stock.

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.