Amprius Technologies (NYSE:AMPX) Shares Down 2.8% on Insider Selling

Amprius Technologies, Inc. (NYSE:AMPXGet Free Report)’s stock price dropped 2.8% during trading on Friday after an insider sold shares in the company. The stock traded as low as $19.16 and last traded at $20.2690. Approximately 7,964,826 shares traded hands during trading, a decline of 12% from the average daily volume of 9,050,901 shares. The stock had previously closed at $20.85.

Specifically, Director Donald R. Dixon sold 17,895 shares of the stock in a transaction that occurred 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 directly owned 484,380 shares of the company’s stock, valued at approximately $8,670,402. This represents a 3.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CTO Constantin Ionel Stefan sold 3,208 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $17.19, for a total value of $55,145.52. Following the transaction, the chief technology officer owned 801,310 shares of the company’s stock, valued at $13,774,518.90. This trade represents a 0.40% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In related news, CEO Thomas M. Stepien sold 4,375 shares of the business’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $17.19, for a total value of $75,206.25. Following the sale, the chief executive officer owned 694,923 shares of the company’s stock, valued at $11,945,726.37. The trade was a 0.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Analyst Upgrades and Downgrades

AMPX has been the subject of several recent analyst reports. Northland Securities set a $24.00 price objective on Amprius Technologies in a research note on Monday, May 11th. B. Riley Financial boosted their target price on shares of Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, March 9th. Wall Street Zen lowered shares of Amprius Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Craig Hallum increased their target price on shares of Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $20.25.

Check Out Our Latest Analysis on AMPX

Amprius Technologies News Summary

Here are the key news stories impacting Amprius Technologies this week:

Amprius Technologies Price Performance

The stock has a 50-day moving average of $18.07 and a 200 day moving average of $13.73. The stock has a market capitalization of $2.87 billion, a price-to-earnings ratio of -67.56 and a beta of 2.20.

Amprius Technologies (NYSE:AMPXGet Free Report) last announced 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). Amprius Technologies had a negative return on equity of 17.48% and a negative net margin of 43.98%.The firm had revenue of $28.54 million for the quarter, compared to the consensus estimate of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. Sell-side analysts anticipate that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Amprius Technologies

Large investors have recently bought and sold shares of the business. EWA LLC raised its position in shares of Amprius Technologies by 3.8% during the 4th quarter. EWA LLC now owns 19,958 shares of the company’s stock valued at $157,000 after acquiring an additional 723 shares during the last quarter. Victory Capital Management Inc. increased its holdings in Amprius Technologies by 14.7% in the third quarter. Victory Capital Management Inc. now owns 11,817 shares of the company’s stock valued at $124,000 after purchasing an additional 1,516 shares during the last quarter. Graham Capital Management L.P. lifted its stake in Amprius Technologies by 3.2% in the fourth quarter. Graham Capital Management L.P. now owns 49,596 shares of the company’s stock valued at $391,000 after buying an additional 1,551 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in Amprius Technologies by 5.1% during the fourth quarter. The Manufacturers Life Insurance Company now owns 33,280 shares of the company’s stock worth $263,000 after buying an additional 1,621 shares during the last quarter. Finally, First Trust Advisors LP boosted its holdings in Amprius Technologies by 6.7% during the fourth quarter. First Trust Advisors LP now owns 32,744 shares of the company’s stock worth $258,000 after buying an additional 2,066 shares during the last quarter. 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.

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