Thomas Stepien Sells 4,375 Shares of Amprius Technologies (NYSE:AMPX) Stock

Key Points

• Amprius Technologies CEO Thomas Stepien sold 4,375 shares on May 27 at an average price of $17.19, for proceeds of about $75,206. The company said the sale was made to cover tax withholding tied to vesting equity awards.
• AMPX shares have been volatile but recently surged, trading up to $21.31 on heavy volume, near its 52-week high of $22.80. The stock remains well above its 200-day average of $13.73.
• Analysts remain broadly bullish despite mixed fundamentals, with eight Buy ratings and one Sell and a consensus price target of $20.25. However, the company recently missed EPS expectations and continues to post losses, while a securities-law investigation has also been reported as a potential overhang.

Amprius Technologies, Inc. (NYSE:AMPX - Get Free Report) CEO Thomas Stepien sold 4,375 shares of the firm's stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $17.19, for a total value of $75,206.25. Following the sale, the chief executive officer directly owned 694,923 shares in the company, valued at approximately $11,945,726.37. The trade was a 0.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Amprius Technologies Price Performance

NYSE AMPX traded up $4.15 during trading on Thursday, hitting $21.31. The company's stock had a trading volume of 26,251,931 shares, compared to its average volume of 9,057,368. The company has a market cap of $3.02 billion, a PE ratio of -71.03 and a beta of 2.20. The business's 50 day simple moving average is $18.07 and its 200-day simple moving average is $13.73. Amprius Technologies, Inc. has a fifty-two week low of $2.55 and a fifty-two week high of $22.80.

Amprius Technologies (NYSE:AMPX - Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The business had revenue of $28.54 million during the quarter, compared to analyst estimates 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. Analysts expect that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.

Amprius Technologies News Summary

Here are the key news stories impacting Amprius Technologies this week:

• Positive Sentiment: Traders bought 46,001 call options on Amprius, a 134% jump above average, suggesting rising speculative demand for upside in AMPX.
• Positive Sentiment: A recent market analysis highlighted Amprius as a June catalyst stock, citing expected updates on capacity, ecosystem development, and backlog, with analysts forecasting roughly 90% revenue growth and continued rapid expansion.
• Neutral Sentiment: Insider selling disclosed this week included director Donald R. Dixon, CEO Thomas M. Stepien, CTO Constantin Ionel Stefan, and director Kang Sun. Several sales were small, and management said some were made to cover tax withholding tied to equity vesting.
• Neutral Sentiment: A research note on the broader silicon anode battery market projected strong long-term growth, which is supportive for Amprius because the company is one of the commercial players in this space.
• Negative Sentiment: Block & Leviton said it is investigating Amprius for potential securities law violations, which could create overhang and legal uncertainty for investors.

Institutional Investors Weigh In On Amprius Technologies

A number of institutional investors and hedge funds have recently modified their holdings of AMPX. Voloridge Investment Management LLC acquired a new stake in shares of Amprius Technologies during the third quarter worth about $19,737,000. BNP Paribas Financial Markets lifted its holdings in shares of 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 worth $20,450,000 after purchasing an additional 1,784,291 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Amprius Technologies by 37.0% during the third quarter. Vanguard Group Inc. now owns 6,512,620 shares of the company's stock worth $68,513,000 after purchasing an additional 1,757,395 shares during the period. Norges Bank acquired a new stake in shares of Amprius Technologies during the fourth quarter worth about $10,295,000. Finally, Invesco Ltd. lifted its holdings in shares of 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 period. Institutional investors and hedge funds own 5.04% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on AMPX shares. William Blair reissued an "outperform" rating on shares of Amprius Technologies in a report on Friday, March 6th. Needham & Company LLC reissued a "buy" rating and issued a $20.00 price target on shares of Amprius Technologies in a report on Tuesday, March 10th. B. Riley Financial raised their price target on Amprius Technologies from $16.00 to $22.00 and gave the stock a "buy" rating in a report on Monday, March 9th. Roth Mkm reissued a "buy" rating on shares of Amprius Technologies in a report on Friday, May 8th. Finally, Weiss Ratings reissued a "sell (e+)" rating on shares of Amprius Technologies in a report on Monday, April 20th. Eight investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, Amprius Technologies has a consensus rating of "Moderate Buy" and an average price target of $20.25.

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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