Constantin Ionel Stefan Sells 28,812 Shares of Amprius Technologies (NYSE:AMPX) Stock

Amprius Technologies, Inc. (NYSE:AMPXGet Free Report) CTO Constantin Ionel Stefan sold 28,812 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $14.79, for a total transaction of $426,129.48. Following the completion of the transaction, the chief technology officer directly owned 804,518 shares in the company, valued at $11,898,821.22. This trade represents a 3.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Amprius Technologies Stock Down 3.8%

NYSE AMPX opened at $17.16 on Thursday. The company has a market cap of $2.43 billion, a PE ratio of -57.19 and a beta of 2.20. Amprius Technologies, Inc. has a 52 week low of $2.55 and a 52 week high of $22.80. The firm’s 50-day simple moving average is $18.03 and its two-hundred day simple moving average is $13.66.

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 the consensus estimate of ($0.02) by ($0.02). The business had revenue of $28.54 million for the quarter, compared to analysts’ expectations of $25.72 million. Amprius Technologies had a negative net margin of 43.98% and a negative return on equity of 17.48%. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, equities research analysts anticipate that Amprius Technologies, Inc. will post -0.07 EPS for the current year.

Institutional Investors Weigh In On Amprius Technologies

Several hedge funds and other institutional investors have recently modified their holdings of AMPX. Bank of America Corp DE increased its position in shares of Amprius Technologies by 31.1% during the fourth quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock valued at $36,000 after buying an additional 3,055 shares during the period. AQR Capital Management LLC increased its position in shares of Amprius Technologies by 86.7% during the first quarter. AQR Capital Management LLC now owns 77,764 shares of the company’s stock valued at $208,000 after buying an additional 36,116 shares during the period. Millennium Management LLC increased its position in shares of Amprius Technologies by 94.5% during the first quarter. Millennium Management LLC now owns 1,396,013 shares of the company’s stock valued at $3,741,000 after buying an additional 678,442 shares during the period. Goldman Sachs Group Inc. increased its position in shares of Amprius Technologies by 128.6% during the first quarter. Goldman Sachs Group Inc. now owns 244,646 shares of the company’s stock valued at $656,000 after buying an additional 137,640 shares during the period. Finally, Rhumbline Advisers increased its position in shares of Amprius Technologies by 61.1% during the first quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after buying an additional 5,951 shares during the period. 5.04% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have commented on AMPX shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. Craig Hallum upped their price objective 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. Cantor Fitzgerald upped their price objective on shares of Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Northland Securities set a $24.00 price objective on shares of Amprius Technologies in a report on Monday, May 11th. Finally, Wall Street Zen downgraded shares of Amprius Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Eight analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Amprius Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $20.25.

View Our Latest Research Report on AMPX

Amprius Technologies Company Profile

(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.

Read More

Insider Buying and Selling by Quarter for Amprius Technologies (NYSE:AMPX)

Receive News & Ratings for Amprius Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amprius Technologies and related companies with MarketBeat.com's FREE daily email newsletter.