Amprius Technologies (NYSE:AMPX) Shares Down 4.4% Following Insider Selling

Amprius Technologies, Inc. (NYSE:AMPX) shares dropped 4.4% during mid-day trading on Thursday following insider selling activity. The company traded as low as $16.79 and last traded at $17.1430. Approximately 5,895,883 shares traded hands during mid-day trading, a decline of 34% from the average daily volume of 8,990,536 shares. The stock had previously closed at $17.93.

Specifically, Director Kang Sun sold 217,869 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $18.80, for a total value of $4,095,937.20. Following the sale, the director owned 56,406 shares of the company’s stock, valued at $1,060,432.80. The trade was a 79.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on AMPX. Cantor Fitzgerald lifted their price objective on shares of Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Roth Mkm reiterated a “buy” rating and issued a $20.00 price target (up from $16.00) on shares of Amprius Technologies in a research report on Friday, March 6th. Weiss Ratings reissued a “sell (e+)” rating on shares of Amprius Technologies in a report on Wednesday, January 21st. Needham & Company LLC reaffirmed a “buy” rating and set a $20.00 target price on shares of Amprius Technologies in a report on Tuesday, March 10th. Finally, Oppenheimer reissued an “outperform” rating and issued a $17.00 price target on shares of Amprius Technologies in a report on Tuesday, December 23rd. Eight analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $19.75.

Amprius Technologies Stock Performance

The business has a 50 day simple moving average of $13.57 and a two-hundred day simple moving average of $11.83. The firm has a market capitalization of $2.20 billion, a P/E ratio of -47.28 and a beta of 3.04.

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

Institutional Trading of Amprius Technologies

Hedge funds have recently made changes to their positions in the stock. Alberta Investment Management Corp purchased a new position in Amprius Technologies in the fourth quarter worth $1,001,000. Vident Advisory LLC bought a new stake in Amprius Technologies during the fourth quarter worth about $107,000. Summit Securities Group LLC purchased a new position in shares of Amprius Technologies in the 4th quarter worth about $54,000. Numerai GP LLC increased its position in shares of Amprius Technologies by 29.1% during the 4th quarter. Numerai GP LLC now owns 96,209 shares of the company’s stock valued at $759,000 after purchasing an additional 21,698 shares during the last quarter. Finally, Osterweis Capital Management Inc. raised its holdings in shares of Amprius Technologies by 142.6% during the 4th quarter. Osterweis Capital Management Inc. now owns 454,830 shares of the company’s stock valued at $3,589,000 after buying an additional 267,385 shares in the last quarter. 5.04% of the stock is owned by institutional investors.

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.