Amprius Technologies (NYSE:AMPX) Trading Down 2.5% – What’s Next?

Amprius Technologies, Inc. (NYSE:AMPX) shares dropped 2.5% during trading on Wednesday . The company traded as low as $18.82 and last traded at $18.90. Approximately 6,276,988 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 9,137,084 shares. The stock had previously closed at $19.38.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on AMPX. Needham & Company LLC reiterated a “buy” rating and set a $20.00 price target on shares of Amprius Technologies in a research report on Tuesday, March 10th. B. Riley Financial upped their price objective on Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, March 9th. Oppenheimer reaffirmed an “outperform” rating and set a $17.00 price objective on shares of Amprius Technologies in a research note on Tuesday, December 23rd. Craig Hallum lifted their target price on shares of Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a report on Friday, March 6th. Finally, Roth Mkm reiterated a “buy” rating and issued a $20.00 target price (up from $16.00) on shares of Amprius Technologies in a research note on Friday, March 6th. Eight analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $19.75.

Amprius Technologies Trading Down 5.0%

The stock has a 50-day moving average price of $12.67 and a 200 day moving average price of $11.40. The stock has a market capitalization of $2.49 billion, a price-to-earnings ratio of -53.39 and a beta of 3.04.

Amprius Technologies (NYSE:AMPX) last released its quarterly earnings results on Wednesday, March 4th. The company reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.03. Amprius Technologies had a negative return on equity of 24.29% and a negative net margin of 60.30%.The company had revenue of $25.23 million during the quarter, compared to analysts’ expectations of $22.91 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. Equities research analysts anticipate that Amprius Technologies, Inc. will post -0.45 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Kang Sun sold 950,548 shares of the stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $11.07, for a total transaction of $10,522,566.36. Following the transaction, the director owned 1,403,651 shares in the company, valued at $15,538,416.57. This trade represents a 40.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CTO Constantin Ionel Stefan sold 492,827 shares of the business’s stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of $12.04, for a total transaction of $5,933,637.08. Following the completion of the sale, the chief technology officer directly owned 748,696 shares of the company’s stock, valued at approximately $9,014,299.84. The trade was a 39.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 2,929,357 shares of company stock worth $37,783,110. Corporate insiders own 12.90% of the company’s stock.

Institutional Trading of Amprius Technologies

Institutional investors and hedge funds have recently modified their holdings of the stock. Stephens Investment Management Group LLC acquired a new stake in Amprius Technologies in the 3rd quarter worth about $11,392,000. Vanguard Group Inc. raised its holdings in shares of Amprius Technologies by 37.0% during the third quarter. Vanguard Group Inc. now owns 6,512,620 shares of the company’s stock valued at $68,513,000 after acquiring an additional 1,757,395 shares during the last quarter. Baird Financial Group Inc. raised its holdings in shares of Amprius Technologies by 99.9% during the second quarter. Baird Financial Group Inc. now owns 1,000,711 shares of the company’s stock valued at $4,213,000 after acquiring an additional 500,212 shares during the last quarter. Calamos Advisors LLC purchased a new position in shares of Amprius Technologies in the third quarter valued at approximately $1,799,000. Finally, Jupiter Asset Management Ltd. acquired a new stake in shares of Amprius Technologies in the third quarter worth approximately $2,098,000. Hedge funds and other 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.