Amprius Technologies (NYSE:AMPX) Stock Price Down 4.7% on Insider Selling

Amprius Technologies, Inc. (NYSE:AMPXGet Free Report)’s stock price dropped 4.7% on Friday following insider selling activity. The company traded as low as $15.85 and last traded at $16.3010. Approximately 6,418,771 shares changed hands during trading, a decline of 28% from the average daily volume of 8,915,557 shares. The stock had previously closed at $17.10.

Specifically, Director Donald R. Dixon sold 40,000 shares of the stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $19.13, for a total transaction of $765,200.00. Following the transaction, the director owned 444,380 shares of the company’s stock, valued at $8,500,989.40. This represents a 8.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Wall Street Analyst Weigh In

AMPX has been the topic of a number of recent analyst reports. Wall Street Zen lowered Amprius Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Roth Mkm reissued a “buy” rating on shares of Amprius Technologies in a research note on Friday, May 8th. Northland Securities set a $24.00 price target on Amprius Technologies in a research note on Monday, May 11th. B. Riley Financial increased their price target on Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday, March 9th. Finally, William Blair reissued an “outperform” rating on shares of Amprius Technologies in a research note on Friday, March 6th. One investment 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.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $21.67.

Read Our Latest Report on AMPX

Amprius Technologies Stock Performance

The firm has a market capitalization of $2.31 billion, a price-to-earnings ratio of -54.33 and a beta of 2.12. The business has a fifty day moving average price of $18.54 and a 200 day moving average price of $14.32.

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

Institutional Trading of Amprius Technologies

Institutional investors and hedge funds have recently made changes to their positions in the company. KBC Group NV acquired a new stake in shares of Amprius Technologies during the 1st quarter worth $57,000. Quarry LP acquired a new stake in shares of Amprius Technologies during the 3rd quarter worth $42,000. Jones Financial Companies Lllp increased its holdings 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 worth $50,000 after buying an additional 3,532 shares during the last quarter. Parallel Advisors LLC acquired a new stake in shares of Amprius Technologies during the 3rd quarter worth $54,000. Finally, Leonteq Securities AG acquired a new stake in Amprius Technologies in the 4th quarter valued at $47,000. 5.04% of the stock is currently owned by institutional investors and hedge funds.

About Amprius Technologies

(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.

Further Reading

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