Amprius Technologies (NYSE:AMPX) Shares Down 8.6% – Time to Sell?

Amprius Technologies, Inc. (NYSE:AMPX)’s share price fell 8.6% during mid-day trading on Thursday . The company traded as low as $12.26 and last traded at $12.42. Approximately 8,270,961 shares changed hands during mid-day trading, a decline of 6% from the average daily volume of 8,812,559 shares. The stock had previously closed at $13.59.

Analyst Upgrades and Downgrades

Several brokerages recently commented on AMPX. Craig Hallum boosted their price objective on shares of Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Cantor Fitzgerald increased their target price on shares of Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Weiss Ratings reissued a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. B. Riley Financial boosted their price target on shares of Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, March 9th. Finally, Roth Mkm reaffirmed a “buy” rating on shares of Amprius Technologies in a report 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 issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.67.

Amprius Technologies Stock Performance

The stock has a market cap of $1.76 billion, a P/E ratio of -41.40 and a beta of 2.25. The stock has a 50-day moving average price of $17.75 and a 200-day moving average price of $14.65.

Amprius Technologies (NYSE:AMPX) last posted its quarterly earnings data on Wednesday, May 6th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The company had revenue of $28.54 million during the quarter, compared to the consensus estimate 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. Sell-side analysts forecast that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Insider Activity at Amprius Technologies

In other news, CTO Constantin Ionel Stefan sold 28,812 shares of Amprius Technologies stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $14.79, for a total transaction of $426,129.48. Following the completion of the sale, the chief technology officer directly owned 804,518 shares of the company’s stock, valued at approximately $11,898,821.22. The trade was a 3.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Thomas M. Stepien sold 60,702 shares of Amprius Technologies stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $14.79, for a total transaction of $897,782.58. Following the sale, the chief executive officer directly owned 699,298 shares of the company’s stock, valued at $10,342,617.42. This represents a 7.99% decrease in their ownership of the stock. 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. Insiders sold 310,144 shares of company stock worth $5,049,997 over the last quarter. 5.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Amprius Technologies

A number of large investors have recently added to or reduced their stakes in AMPX. Bank of America Corp DE lifted its stake in Amprius Technologies by 31.1% during the fourth quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after purchasing an additional 3,055 shares during the last quarter. Quarry LP purchased a new position in shares of Amprius Technologies in the 3rd quarter worth about $42,000. Rhumbline Advisers increased its position in shares of Amprius Technologies by 61.1% during the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after purchasing an additional 5,951 shares during the last quarter. Legal & General Group Plc increased its position in shares of Amprius Technologies by 1,385.4% during the 2nd quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock valued at $44,000 after purchasing an additional 9,684 shares during the last quarter. Finally, XTX Topco Ltd purchased a new position in shares of Amprius Technologies during the 2nd quarter valued at about $44,000. Hedge funds and other 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.