Amprius Technologies, Inc. (NYSE:AMPX) Sees Large Growth in Short Interest

Amprius Technologies, Inc. (NYSE:AMPX - Get Free Report) saw a significant increase in short interest in April. As of April 15th, there was short interest totaling 21,551,498 shares, an increase of 20.3% from the March 31st total of 17,909,138 shares. Currently, 18.1% of the shares of the company are sold short. Based on an average daily volume of 7,288,161 shares, the days-to-cover ratio is presently 3.0 days.

Amprius Technologies Stock Performance

NYSE:AMPX opened at $20.23 on Thursday. The firm has a market capitalization of $2.77 billion, a price-to-earnings ratio of -59.49 and a beta of 2.20. Amprius Technologies has a 52-week low of $2.10 and a 52-week high of $22.80. The stock has a fifty day moving average of $16.73 and a 200 day moving average of $13.05.

Amprius Technologies (NYSE:AMPX - Get Free Report) last posted its quarterly earnings data on Wednesday, March 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating 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. Equities analysts forecast that Amprius Technologies will post -0.03 earnings per share for the current fiscal year.

Analysts Set New Price Targets

AMPX has been the subject of several recent research reports. B. Riley Financial lifted their price target on Amprius Technologies from $16.00 to $22.00 and gave the company a "buy" rating in a research report on Monday, March 9th. William Blair reiterated an "outperform" rating on shares of Amprius Technologies in a research report on Friday, March 6th. Craig Hallum lifted their price target on Amprius Technologies from $17.00 to $21.00 and gave the company a "buy" rating in a research report on Friday, March 6th. Needham & Company LLC reissued a "buy" rating and set a $20.00 price objective on shares of Amprius Technologies in a research note on Tuesday, March 10th. Finally, Weiss Ratings reissued a "sell (e+)" rating on shares of Amprius Technologies in a research note on Monday, April 20th. Eight 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 a consensus rating of "Moderate Buy" and an average price target of $19.75.

Insider Buying and Selling

In other news, Director Kang Sun sold 1,500,000 shares of Amprius Technologies stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $15.91, for a total value of $23,865,000.00. Following the completion of the transaction, the director directly owned 1,342,400 shares in the company, valued at approximately $21,357,584. The trade was a 52.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Wen Hsuan Hsieh sold 413,146 shares of Amprius Technologies stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $18.44, for a total value of $7,618,412.24. Following the completion of the transaction, the director owned 44,444 shares of the company's stock, valued at approximately $819,547.36. This trade represents a 90.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,539,829 shares of company stock valued at $42,323,376 in the last ninety days. 12.90% of the stock is owned by company insiders.

Institutional Investors Weigh In On Amprius Technologies

Several hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Amprius Technologies by 9.5% during the fourth quarter. Vanguard Group Inc. now owns 7,128,657 shares of the company's stock worth $56,245,000 after purchasing an additional 616,037 shares during the last quarter. Geode Capital Management LLC lifted its stake in Amprius Technologies by 10.5% during the fourth quarter. Geode Capital Management LLC now owns 2,678,417 shares of the company's stock worth $21,137,000 after purchasing an additional 253,529 shares during the last quarter. State Street Corp lifted its stake in Amprius Technologies by 16.6% during the fourth quarter. State Street Corp now owns 2,553,710 shares of the company's stock worth $20,149,000 after purchasing an additional 363,928 shares during the last quarter. 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 worth $25,031,000 after purchasing an additional 1,263,846 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in Amprius Technologies by 23.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,194,841 shares of the company's stock worth $17,317,000 after purchasing an additional 410,724 shares during the last quarter. Institutional investors own 5.04% of the company's stock.

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.

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