Amprius Technologies (NYSE:AMPX) Director Kang Sun Sells 67,796 Shares

Amprius Technologies, Inc. (NYSE:AMPX) Director Kang Sun sold 67,796 shares of the business’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $14.79, for a total value of $1,002,702.84. Following the sale, the director owned 1,280,854 shares in the company, valued at approximately $18,943,830.66. The trade was a 5.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Kang Sun also recently made the following trade(s):

• On Wednesday, April 1st, Kang Sun sold 1,500,000 shares of Amprius Technologies stock. The shares were sold at an average price of $15.91, for a total value of $23,865,000.00.
• On Monday, March 23rd, Kang Sun sold 217,869 shares of Amprius Technologies stock. The shares were sold at an average price of $18.80, for a total value of $4,095,937.20.

Amprius Technologies Stock Up 11.2%

Shares of NYSE AMPX opened at $17.83 on Wednesday. The firm has a market capitalization of $2.53 billion, a P/E ratio of -59.43 and a beta of 2.20. The stock’s 50-day simple moving average is $18.06 and its two-hundred day simple moving average is $13.62. Amprius Technologies, Inc. has a twelve month low of $2.55 and a twelve month high of $22.80.

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

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a research report on Monday, April 20th. B. Riley Financial increased their price objective on Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, March 9th. Cantor Fitzgerald increased their price objective on Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Wall Street Zen lowered Amprius Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, William Blair reiterated an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $20.25.

Institutional Investors Weigh In On Amprius Technologies

Institutional investors have recently bought and sold shares of the stock. KBC Group NV purchased a new stake in Amprius Technologies during the 1st quarter valued at about $57,000. Quarry LP purchased a new stake in Amprius Technologies during the 3rd quarter valued at about $42,000. Jones Financial Companies Lllp boosted its holdings in Amprius Technologies by 353.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,532 shares of the company’s stock valued at $50,000 after acquiring an additional 3,532 shares during the period. Parallel Advisors LLC purchased a new stake in Amprius Technologies during the 3rd quarter valued at about $54,000. Finally, Leonteq Securities AG purchased a new stake in Amprius Technologies during the 4th quarter valued at about $47,000. 5.04% of the stock is currently owned by hedge funds and other 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.