Key Points
- Amprius Technologies CTO Constantin Ionel Stefan sold 28,812 shares on May 21 at an average price of $14.79, totaling about $426,129. The filing says the sale was to cover tax withholding tied to vesting equity awards, and his stake fell 3.46% after the transaction.
- AMPX shares were up 11.2% in the article, with the stock opening at $17.83. The company has a market cap of about $2.53 billion and has traded between $2.55 and $22.80 over the past year.
- Recent earnings were mixed: Amprius posted a smaller-than-expected loss of $0.04 per share but beat revenue estimates with $28.54 million in quarterly sales. Analysts currently have a consensus rating of Moderate Buy with an average price target of $20.25.
Amprius Technologies, Inc. (NYSE:AMPX - Get Free Report) CTO Constantin Ionel Stefan sold 28,812 shares of the firm's stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $14.79, for a total transaction of $426,129.48. Following the sale, the chief technology officer owned 804,518 shares of the company's stock, valued at $11,898,821.22. This trade represents a 3.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Amprius Technologies Stock Up 11.2%
Shares of AMPX stock opened at $17.83 on Wednesday. The firm has a 50 day moving average price of $18.06 and a two-hundred day moving average price of $13.62. The company has a market capitalization of $2.53 billion, a PE ratio of -59.43 and a beta of 2.20. Amprius Technologies, Inc. has a 12-month low of $2.55 and a 12-month high of $22.80.
Amprius Technologies (NYSE:AMPX - Get Free Report) last issued 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). The company had revenue of $28.54 million for 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. As a group, research analysts expect that Amprius Technologies, Inc. will post -0.07 EPS for the current year.
Institutional Investors Weigh In On Amprius Technologies
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of Amprius Technologies by 9.5% in the fourth quarter. Vanguard Group Inc. now owns 7,128,657 shares of the company's stock valued at $56,245,000 after buying an additional 616,037 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Amprius Technologies by 10.5% in the fourth quarter. Geode Capital Management LLC now owns 2,678,417 shares of the company's stock valued at $21,137,000 after buying an additional 253,529 shares in the last quarter. State Street Corp raised its position in shares of Amprius Technologies by 16.6% in the fourth quarter. State Street Corp now owns 2,553,710 shares of the company's stock valued at $20,149,000 after buying an additional 363,928 shares in the last quarter. Invesco Ltd. raised its position in shares of Amprius Technologies by 113.3% in the third quarter. Invesco Ltd. now owns 2,379,384 shares of the company's stock valued at $25,031,000 after buying an additional 1,263,846 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of Amprius Technologies by 23.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,194,841 shares of the company's stock valued at $17,317,000 after buying an additional 410,724 shares in the last quarter. 5.04% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on AMPX shares. Cantor Fitzgerald raised their price objective on shares of Amprius Technologies from $16.00 to $20.00 and gave the stock an "overweight" rating in a research report on Friday, March 6th. Weiss Ratings restated a "sell (e+)" rating on shares of Amprius Technologies in a research report on Monday, April 20th. Needham & Company LLC restated a "buy" rating and set a $20.00 price objective on shares of Amprius Technologies in a research report on Tuesday, March 10th. Northland Securities set a $24.00 price objective on shares of Amprius Technologies in a research report on Monday, May 11th. Finally, B. Riley Financial raised their price objective on shares of Amprius Technologies from $16.00 to $22.00 and gave the stock a "buy" rating in a research report on Monday, March 9th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $20.25.
View Our Latest Research Report on AMPX
Amprius Technologies Company Profile
(
Get Free Report)
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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