Traders Purchase High Volume of Call Options on Amprius Technologies (NYSE:AMPX)

Key Points

• Traders bought 21,890 call options on NYSE:AMPX in one session, about 54% above the typical daily call volume, indicating unusually high bullish options activity.
• Company insiders have been heavy sellers recently — including the CTO and a director — with a total of 4,140,959 shares sold worth $60.63M over the last 90 days.
• Analyst sentiment is mostly positive (eight Buys vs. one Sell) with a consensus price target of $19.75, while the stock traded near $17.73 and has a one-year high of $19.76.

Amprius Technologies, Inc. (NYSE:AMPX - Get Free Report) saw some unusual options trading on Tuesday. Stock investors purchased 21,890 call options on the stock. This represents an increase of approximately 54% compared to the typical daily volume of 14,255 call options.

Insiders Place Their Bets

In related news, CTO Constantin Ionel Stefan sold 492,827 shares of the company's stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $12.04, for a total transaction of $5,933,637.08. Following the completion of the transaction, the chief technology officer directly owned 748,696 shares in the company, valued at $9,014,299.84. This represents a 39.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kang Sun sold 1,500,000 shares of the business's 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 approximately $21,357,584. The trade was a 52.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 4,140,959 shares of company stock worth $60,630,750 over the last 90 days. Corporate insiders own 12.80% of the company's stock.

Hedge Funds Weigh In On Amprius Technologies

Hedge funds have recently modified their holdings of the company. Bank of America Corp DE boosted its position in Amprius Technologies by 31.1% during the fourth 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. Quarry LP bought a new stake in shares of Amprius Technologies in the third quarter valued at approximately $42,000. Rhumbline Advisers raised its position in shares of Amprius Technologies by 61.1% in the first quarter. Rhumbline Advisers now owns 15,690 shares of the company's stock valued at $42,000 after purchasing an additional 5,951 shares during the period. Legal & General Group Plc lifted its stake in shares of Amprius Technologies by 1,385.4% during the 2nd quarter. Legal & General Group Plc now owns 10,383 shares of the company's stock valued at $44,000 after buying an additional 9,684 shares in the last quarter. Finally, XTX Topco Ltd bought a new position in Amprius Technologies in the 2nd quarter worth approximately $44,000. Institutional investors own 5.04% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on AMPX. Roth Mkm reissued a "buy" rating and issued a $20.00 price target (up from $16.00) on shares of Amprius Technologies in a research note on Friday, March 6th. B. Riley Financial lifted their price objective on shares of Amprius Technologies from $16.00 to $22.00 and gave the company a "buy" rating in a research note on Monday, March 9th. Oppenheimer reissued an "outperform" rating and set a $17.00 target price on shares of Amprius Technologies in a research note on Tuesday, December 23rd. Cantor Fitzgerald raised their price target on shares of Amprius Technologies from $16.00 to $20.00 and gave the stock an "overweight" rating in a report on Friday, March 6th. Finally, William Blair reaffirmed an "outperform" rating on shares of Amprius Technologies in a research note 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 data from MarketBeat.com, Amprius Technologies presently has an average rating of "Moderate Buy" and a consensus price target of $19.75.

Amprius Technologies Price Performance

Shares of NYSE AMPX traded down $0.66 during mid-day trading on Tuesday, reaching $17.73. 5,019,543 shares of the company's stock traded hands, compared to its average volume of 8,747,991. The business has a 50-day simple moving average of $14.60 and a 200 day simple moving average of $12.37. The stock has a market cap of $2.43 billion, a P/E ratio of -52.33 and a beta of 2.20. Amprius Technologies has a 1-year low of $1.97 and a 1-year high of $19.76.

Amprius Technologies (NYSE:AMPX - Get Free Report) last announced its quarterly earnings results on Wednesday, March 4th. The company reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.03. The business had revenue of $25.23 million for the quarter, compared to analysts' expectations 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. Equities research analysts anticipate that Amprius Technologies will post -0.45 earnings per share for the current fiscal year.

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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