Amprius Technologies, Inc. (NYSE:AMPX - Free Report) - Stock analysts at B. Riley issued their FY2027 earnings per share estimates for shares of Amprius Technologies in a report released on Thursday, July 10th. B. Riley analyst R. Pfingst anticipates that the company will earn $0.02 per share for the year. B. Riley has a "Buy" rating and a $10.00 price objective on the stock. The consensus estimate for Amprius Technologies' current full-year earnings is ($0.45) per share.
Amprius Technologies (NYSE:AMPX - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.09) by $0.01. The company had revenue of $11.28 million during the quarter, compared to the consensus estimate of $8.52 million. Amprius Technologies had a negative return on equity of 67.67% and a negative net margin of 133.34%.
Several other analysts also recently issued reports on AMPX. HC Wainwright reiterated a "buy" rating and set a $10.00 price target on shares of Amprius Technologies in a research note on Friday, March 21st. Roth Mkm reiterated a "buy" rating and set a $6.00 price target on shares of Amprius Technologies in a research note on Friday, March 21st. Finally, Oppenheimer upped their price target on Amprius Technologies from $14.00 to $15.00 and gave the stock an "outperform" rating in a research note on Friday, March 21st. Six research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $10.17.
Read Our Latest Stock Analysis on Amprius Technologies
Amprius Technologies Stock Performance
Shares of AMPX traded up $0.61 during trading hours on Monday, hitting $8.06. 14,397,257 shares of the company were exchanged, compared to its average volume of 3,304,850. The company has a market cap of $950.28 million, a PE ratio of -19.65 and a beta of 2.68. The firm's 50 day moving average is $3.77 and its 200-day moving average is $3.12. Amprius Technologies has a 52 week low of $0.61 and a 52 week high of $8.10.
Insider Activity at Amprius Technologies
In related news, CTO Constantin Ionel Stefan sold 20,366 shares of the stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $2.43, for a total transaction of $49,489.38. Following the completion of the sale, the chief technology officer owned 866,134 shares in the company, valued at $2,104,705.62. This represents a 2.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Kang Sun sold 69,786 shares of the stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $2.43, for a total value of $169,579.98. Following the sale, the chief executive officer owned 1,812,235 shares of the company's stock, valued at approximately $4,403,731.05. The trade was a 3.71% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 117,747 shares of company stock worth $286,125 in the last 90 days. 12.90% of the stock is owned by company insiders.
Institutional Trading of Amprius Technologies
Several hedge funds have recently added to or reduced their stakes in the business. Mercer Global Advisors Inc. ADV acquired a new position in Amprius Technologies in the 4th quarter valued at approximately $28,000. Bank of America Corp DE raised its holdings in Amprius Technologies by 31.1% in the 4th quarter. Bank of America Corp DE now owns 12,890 shares of the company's stock valued at $36,000 after acquiring an additional 3,055 shares in the last quarter. Edmond DE Rothschild Holding S.A. acquired a new position in Amprius Technologies in the 1st quarter valued at approximately $40,000. Cornerstone Partners Capital Management LLC acquired a new position in Amprius Technologies in the 1st quarter valued at approximately $41,000. Finally, Rhumbline Advisers raised its holdings 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 in the last quarter. Institutional investors own 5.04% of the company's stock.
About Amprius Technologies
(
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Amprius Technologies, Inc produces and sells ultra-high energy density lithium-ion batteries for mobility applications. The company offers silicon nanowire anode batteries. Its batteries are primarily used for existing and emerging aviation applications, including unmanned aerial systems, such as drones and high-altitude pseudo satellites.
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