Amprius Technologies (NYSE:AMPX) Shares Down 2.8% - Should You Sell?

Key Points

• Shares fell 2.8% to $17.87 mid-day with volume about 13% below average and a market cap near $2.45 billion.
• Wall Street is broadly positive: eight Buy ratings vs one Sell and a consensus price target of $19.75, with several firms recently raising targets to $20–$21.
• Amprius beat the quarter (EPS -$0.01 vs. -$0.04; revenue $25.23M vs. $22.91M) but remains unprofitable (net margin -60.3%, FY2026 guidance -0.06 EPS), and insiders have sold about 4.14M shares recently, including a 1.5M-share sale by a director.

Amprius Technologies, Inc. (NYSE:AMPX - Get Free Report) traded down 2.8% during mid-day trading on Tuesday . The stock traded as low as $17.23 and last traded at $17.87. 7,614,360 shares traded hands during mid-day trading, a decline of 13% from the average session volume of 8,786,577 shares. The stock had previously closed at $18.39.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Cantor Fitzgerald lifted their price target on shares of Amprius Technologies from $16.00 to $20.00 and gave the company an "overweight" rating in a research report on Friday, March 6th. Oppenheimer reissued an "outperform" rating and issued a $17.00 price target on shares of Amprius Technologies in a research report on Tuesday, December 23rd. Craig Hallum lifted their price target on shares of Amprius Technologies from $17.00 to $21.00 and gave the company a "buy" rating in a research report on Friday, March 6th. William Blair reissued an "outperform" rating on shares of Amprius Technologies in a research report on Friday, March 6th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $20.00 price target on shares of Amprius Technologies in a research report on Tuesday, March 10th. Eight research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Amprius Technologies presently has a consensus rating of "Moderate Buy" and a consensus price target of $19.75.

Amprius Technologies Trading Down 2.8%

The stock has a market capitalization of $2.45 billion, a PE ratio of -52.56 and a beta of 2.20. The stock's fifty day simple moving average is $14.60 and its 200-day simple moving average is $12.37.

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, topping analysts' consensus estimates of ($0.04) by $0.03. The firm had revenue of $25.23 million for the quarter, compared to the consensus estimate of $22.91 million. Amprius Technologies had a negative net margin of 60.30% and a negative return on equity of 24.29%. Amprius Technologies has set its FY 2026 guidance at --0.060 EPS. As a group, analysts anticipate that Amprius Technologies, Inc. will post -0.45 earnings per share for the current fiscal year.

Insiders Place Their Bets

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 transaction of $23,865,000.00. Following the sale, the director directly owned 1,342,400 shares in the company, valued at $21,357,584. The trade was a 52.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Wen Hsuan Hsieh sold 413,146 shares of Amprius Technologies stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $18.44, for a total value of $7,618,412.24. Following the sale, the director owned 44,444 shares in the company, valued at $819,547.36. The trade was a 90.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 4,140,959 shares of company stock valued at $60,630,750. 12.80% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Amprius Technologies

A number of hedge funds have recently made changes to their positions in AMPX. Bank of America Corp DE raised its stake in shares of Amprius Technologies by 31.1% during the 4th quarter. Bank of America Corp DE now owns 12,890 shares of the company's stock worth $36,000 after purchasing an additional 3,055 shares during the period. AQR Capital Management LLC raised its stake in Amprius Technologies by 86.7% in the 1st quarter. AQR Capital Management LLC now owns 77,764 shares of the company's stock valued at $208,000 after acquiring an additional 36,116 shares during the period. Millennium Management LLC raised its stake in Amprius Technologies by 94.5% in the 1st quarter. Millennium Management LLC now owns 1,396,013 shares of the company's stock valued at $3,741,000 after acquiring an additional 678,442 shares during the period. Goldman Sachs Group Inc. raised its stake in Amprius Technologies by 128.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 244,646 shares of the company's stock valued at $656,000 after acquiring an additional 137,640 shares during the period. Finally, Rhumbline Advisers raised its stake in Amprius Technologies by 61.1% in the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company's stock valued at $42,000 after acquiring an additional 5,951 shares during the period. 5.04% of the stock is currently owned by institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.