Amprius Technologies (NYSE:AMPX) Trading 3.7% Higher – Still a Buy?

Amprius Technologies, Inc. (NYSE:AMPX) shares shot up 3.7% on Thursday . The stock traded as high as $22.94 and last traded at $22.5410. 7,367,869 shares traded hands during mid-day trading, a decline of 19% from the average session volume of 9,056,684 shares. The stock had previously closed at $21.74.

Wall Street Analyst Weigh In

A number of research analysts recently commented on AMPX shares. Needham & Company LLC reiterated a “buy” rating and issued a $20.00 price target on shares of Amprius Technologies in a research note on Tuesday, March 10th. Craig Hallum upped their target price on Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a research note on Monday, April 20th. Clear Str upgraded Amprius Technologies to a “strong-buy” rating in a research note on Tuesday. Finally, Cantor Fitzgerald increased their price objective on Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a research report 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Amprius Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $20.25.

Amprius Technologies Trading Down 12.8%

The stock has a market capitalization of $2.78 billion, a P/E ratio of -65.53 and a beta of 2.12. The business has a 50-day moving average price of $18.44 and a two-hundred day moving average price of $14.10.

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

Insider Buying and Selling

In related news, CEO Thomas M. Stepien sold 60,702 shares of Amprius Technologies stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $14.79, for a total value of $897,782.58. Following the transaction, the chief executive officer directly owned 699,298 shares of the company’s stock, valued at $10,342,617.42. This trade represents a 7.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Steven Chu sold 166,632 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $17.92, for a total transaction of $2,986,045.44. Following the transaction, the director owned 127,339 shares of the company’s stock, valued at approximately $2,281,914.88. This represents a 56.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 2,638,356 shares of company stock worth $44,268,694. 5.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On Amprius Technologies

Several hedge funds and other institutional investors have recently modified their holdings of the business. EWA LLC boosted its stake in Amprius Technologies by 3.8% in the fourth quarter. EWA LLC now owns 19,958 shares of the company’s stock valued at $157,000 after buying an additional 723 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of Amprius Technologies by 14.7% in the 3rd 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 in the last quarter. Graham Capital Management L.P. grew its holdings in shares of Amprius Technologies by 3.2% during the 4th quarter. Graham Capital Management L.P. now owns 49,596 shares of the company’s stock valued at $391,000 after purchasing an additional 1,551 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in Amprius Technologies by 5.1% during the 4th quarter. The Manufacturers Life Insurance Company now owns 33,280 shares of the company’s stock worth $263,000 after purchasing an additional 1,621 shares in the last quarter. Finally, First Trust Advisors LP increased its position in Amprius Technologies by 6.7% during the 4th quarter. First Trust Advisors LP now owns 32,744 shares of the company’s stock worth $258,000 after purchasing an additional 2,066 shares in the last quarter. 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.