Amprius Technologies (NYSE:AMPX) Shares Down 7.9% on Insider Selling
by Kim Johansen · The Markets DailyAmprius Technologies, Inc. (NYSE:AMPX – Get Free Report)’s share price traded down 7.9% during trading on Tuesday following insider selling activity. The company traded as low as $15.40 and last traded at $15.4940. 6,247,189 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 8,852,613 shares. The stock had previously closed at $16.82.
Specifically, Director Donald R. Dixon sold 85,000 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $17.17, for a total transaction of $1,459,450.00. Following the completion of the transaction, the director owned 359,380 shares in the company, valued at $6,170,554.60. The trade was a 19.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Donald R. Dixon sold 40,000 shares of the stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $19.13, for a total transaction of $765,200.00. Following the completion of the sale, the director directly owned 444,380 shares in the company, valued at approximately $8,500,989.40. This represents a 8.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information.
Analyst Ratings Changes
Several research firms have recently issued reports on AMPX. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a research report on Monday, April 20th. Cantor Fitzgerald raised their price target on Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Clear Str assumed coverage on Amprius Technologies in a research note on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 price target on the stock. B. Riley Financial lifted 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. Finally, Roth Mkm reaffirmed a “buy” rating on shares of Amprius Technologies in a research report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $21.67.
View Our Latest Research Report on Amprius Technologies
Amprius Technologies Stock Up 7.4%
The stock has a market capitalization of $2.28 billion, a PE ratio of -53.70 and a beta of 2.12. The business’s 50-day moving average is $18.51 and its two-hundred day moving average is $14.47.
Amprius Technologies (NYSE:AMPX – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.02). Amprius Technologies had a negative net margin of 43.98% and a negative return on equity of 17.48%. The company had revenue of $28.54 million during the quarter, compared to analyst estimates of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, analysts anticipate that Amprius Technologies, Inc. will post -0.07 EPS for the current year.
Institutional Trading of Amprius Technologies
A number of large investors have recently made changes to their positions in the company. Voloridge Investment Management LLC acquired a new position in Amprius Technologies during the third quarter worth approximately $19,737,000. BNP Paribas Financial Markets boosted its holdings in shares of Amprius Technologies by 1,117.9% in the third quarter. BNP Paribas Financial Markets now owns 1,943,905 shares of the company’s stock valued at $20,450,000 after acquiring an additional 1,784,291 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Amprius Technologies by 37.0% in the third quarter. Vanguard Group Inc. now owns 6,512,620 shares of the company’s stock valued at $68,513,000 after acquiring an additional 1,757,395 shares during the period. Norges Bank purchased a new position in shares of Amprius Technologies during the fourth quarter worth approximately $10,295,000. Finally, Invesco Ltd. increased its holdings in shares of Amprius Technologies by 113.3% in the 3rd quarter. Invesco Ltd. now owns 2,379,384 shares of the company’s stock valued at $25,031,000 after acquiring an additional 1,263,846 shares during the period. 5.04% of the stock is owned by institutional investors and hedge funds.
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.