Amprius Technologies (NYSE:AMPX) Trading Down 5% - Here's Why

Key Points

• Shares fell about 5% on Friday, trading as low as $20.32 and last at $20.64 on volume of ~5.93M shares (down ~33% vs. average); the stock has a market cap of about $2.83 billion.
• Research firms remain broadly positive with eight Buys and one Sell, giving a consensus rating of "Moderate Buy" and a consensus target price of about $19.75 (several analysts have raised targets up to $22).
• Insiders sold heavily in the quarter—Director Kang Sun sold 1.5M shares and another director sold 413k, with insiders disposing of ~2.58M shares (~$42.8M) overall, though insiders still own 12.9% of the company.

Shares of Amprius Technologies, Inc. (NYSE:AMPX - Get Free Report) dropped 5% on Friday . The stock traded as low as $20.32 and last traded at $20.64. Approximately 5,927,387 shares were traded during trading, a decline of 33% from the average daily volume of 8,846,948 shares. The stock had previously closed at $21.73.

Analysts Set New Price Targets

AMPX has been the subject of several analyst reports. Roth Mkm restated a "buy" rating and set a $20.00 target price (up from $16.00) on shares of Amprius Technologies in a report on Friday, March 6th. Needham & Company LLC restated a "buy" rating and set a $20.00 target price on shares of Amprius Technologies in a report on Tuesday, March 10th. Weiss Ratings restated a "sell (e+)" rating on shares of Amprius Technologies in a report on Monday. Craig Hallum increased their target price on Amprius Technologies from $17.00 to $21.00 and gave the company a "buy" rating in a report on Friday, March 6th. Finally, B. Riley Financial increased their price objective on Amprius Technologies from $16.00 to $22.00 and gave the stock a "buy" rating in a report on Monday, March 9th. Eight equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $19.75.

Amprius Technologies Stock Performance

The stock has a market cap of $2.83 billion, a P/E ratio of -60.70 and a beta of 2.20. The firm has a 50-day moving average price of $15.89 and a 200-day moving average price of $12.83.

Amprius Technologies (NYSE:AMPX - Get Free Report) last announced its earnings results on Wednesday, March 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.03. The firm 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, research analysts predict that Amprius Technologies, Inc. will post -0.03 earnings per share for the current year.

Insider Transactions at Amprius Technologies

In other news, Director Kang Sun sold 1,500,000 shares of the firm's 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 transaction, the director directly owned 1,342,400 shares in the company, valued at $21,357,584. This trade represents a 52.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 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 transaction, the director owned 44,444 shares in the company, valued at $819,547.36. This trade represents a 90.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 2,579,519 shares of company stock valued at $42,799,656. Corporate insiders own 12.90% of the company's stock.

Hedge Funds Weigh In On Amprius Technologies

Large investors have recently made changes to their positions in the business. Quarry LP purchased a new position in shares of Amprius Technologies in the third quarter valued at about $42,000. Jones Financial Companies Lllp lifted its position in shares of Amprius Technologies by 353.2% in the third 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 in the last quarter. Parallel Advisors LLC purchased a new position in shares of Amprius Technologies in the third quarter valued at about $54,000. Leonteq Securities AG purchased a new position in shares of Amprius Technologies in the fourth quarter valued at about $47,000. Finally, Summit Securities Group LLC purchased a new position in shares of Amprius Technologies in the fourth quarter valued at about $54,000. 5.04% of the stock is currently owned by hedge funds and other 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.

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