Amprius Technologies (NYSE:AMPX) CEO Thomas Stepien Sells 60,702 Shares of Stock

Amprius Technologies, Inc. (NYSE:AMPX) CEO Thomas Stepien sold 60,702 shares of the company’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 $897,782.58. Following the completion of the transaction, the chief executive officer owned 699,298 shares of the company’s stock, valued at approximately $10,342,617.42. This trade represents a 7.99% decrease in their position. The transaction 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.

Amprius Technologies Trading Up 11.2%

NYSE AMPX opened at $17.83 on Wednesday. Amprius Technologies, Inc. has a 52 week low of $2.55 and a 52 week high of $22.80. The stock has a market cap of $2.53 billion, a price-to-earnings ratio of -59.43 and a beta of 2.20. The company has a 50-day moving average price of $18.06 and a two-hundred day moving average price of $13.62.

Amprius Technologies (NYSE:AMPX) last posted its earnings results on Wednesday, May 6th. The company reported ($0.04) EPS 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 during the quarter, compared to the consensus estimate of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, equities research analysts expect that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Institutional Trading of Amprius Technologies

A number of institutional investors have recently made changes to their positions in AMPX. Voloridge Investment Management LLC acquired a new stake in shares of Amprius Technologies in the 3rd quarter worth approximately $19,737,000. BNP Paribas Financial Markets lifted its stake in Amprius Technologies by 1,117.9% during the third quarter. BNP Paribas Financial Markets now owns 1,943,905 shares of the company’s stock valued at $20,450,000 after purchasing an additional 1,784,291 shares during the last quarter. Vanguard Group Inc. lifted its stake in 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 purchasing an additional 1,757,395 shares during the last quarter. Norges Bank acquired a new stake in Amprius Technologies during the fourth quarter valued at approximately $10,295,000. Finally, Invesco Ltd. lifted its stake in Amprius Technologies by 113.3% during the third quarter. Invesco Ltd. now owns 2,379,384 shares of the company’s stock valued at $25,031,000 after purchasing an additional 1,263,846 shares during the last quarter. 5.04% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have commented on AMPX shares. Needham & Company LLC restated a “buy” rating and issued a $20.00 target price on shares of Amprius Technologies in a research report on Tuesday, March 10th. Wall Street Zen cut shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a research note on Monday, April 20th. William Blair reaffirmed an “outperform” rating on shares of Amprius Technologies in a research note on Friday, March 6th. Finally, Northland Securities set a $24.00 price target on shares of Amprius Technologies in a research note on Monday, May 11th. Eight analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $20.25.

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.