Amprius Technologies, Inc. (NYSE:AMPX - Get Free Report) Director Donald Dixon sold 40,000 shares of Amprius Technologies stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $19.13, for a total value of $765,200.00. Following the completion of the sale, the director directly owned 444,380 shares of the company's stock, valued at $8,500,989.40. The trade was a 8.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.
Amprius Technologies Trading Up 4.0%
Shares of NYSE AMPX opened at $17.09 on Friday. Amprius Technologies, Inc. has a twelve month low of $3.29 and a twelve month high of $24.23. The stock has a fifty day simple moving average of $18.54 and a 200-day simple moving average of $14.32. The stock has a market capitalization of $2.42 billion, a PE ratio of -56.97 and a beta of 2.12.
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 for the quarter, missing analysts' consensus estimates 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 firm 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. On average, equities analysts predict that Amprius Technologies, Inc. will post -0.07 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on the company. Needham & Company LLC reaffirmed a "buy" rating and issued a $20.00 price objective on shares of Amprius Technologies in a research note on Tuesday, March 10th. Craig Hallum lifted their price objective on Amprius Technologies from $17.00 to $21.00 and gave the company a "buy" rating in a research note on Friday, March 6th. Northland Securities set a $24.00 price objective on Amprius Technologies in a research note on Monday, May 11th. Roth Mkm reaffirmed a "buy" rating on shares of Amprius Technologies in a research note on Friday, May 8th. Finally, Cantor Fitzgerald lifted their target price on Amprius Technologies from $16.00 to $20.00 and gave the company an "overweight" rating in a report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Amprius Technologies has an average rating of "Moderate Buy" and a consensus price target of $21.67.
Get Our Latest Research Report on Amprius Technologies
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. EWA LLC boosted its holdings in Amprius Technologies by 3.8% in the fourth quarter. EWA LLC now owns 19,958 shares of the company's stock valued at $157,000 after purchasing an additional 723 shares during the period. Victory Capital Management Inc. boosted its holdings in Amprius Technologies by 14.7% in the third quarter. Victory Capital Management Inc. now owns 11,817 shares of the company's stock valued at $124,000 after purchasing an additional 1,516 shares during the period. Graham Capital Management L.P. boosted its holdings in Amprius Technologies by 3.2% in the fourth quarter. Graham Capital Management L.P. now owns 49,596 shares of the company's stock valued at $391,000 after purchasing an additional 1,551 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in Amprius Technologies by 5.1% in the fourth quarter. The Manufacturers Life Insurance Company now owns 33,280 shares of the company's stock valued at $263,000 after purchasing an additional 1,621 shares during the period. Finally, First Trust Advisors LP boosted its holdings in Amprius Technologies by 6.7% in the fourth quarter. First Trust Advisors LP now owns 32,744 shares of the company's stock valued at $258,000 after purchasing an additional 2,066 shares during the period. 5.04% of the stock is currently owned by hedge funds and other institutional investors.
About Amprius Technologies
(
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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
