Amprius Technologies (NYSE:AMPX) Director Kang Sun Sells 1,500,000 Shares

Amprius Technologies, Inc. (NYSE:AMPX) Director Kang Sun sold 1,500,000 shares of the business’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $15.91, for a total transaction of $23,865,000.00. Following the completion of the transaction, the director owned 1,342,400 shares in the company, valued at approximately $21,357,584. The trade was a 52.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Kang Sun also recently made the following trade(s):

• On Monday, March 23rd, Kang Sun sold 217,869 shares of Amprius Technologies stock. The stock was sold at an average price of $18.80, for a total transaction of $4,095,937.20.
• On Monday, February 23rd, Kang Sun sold 61,251 shares of Amprius Technologies stock. The stock was sold at an average price of $10.16, for a total transaction of $622,310.16.
• On Friday, January 16th, Kang Sun sold 950,548 shares of Amprius Technologies stock. The stock was sold at an average price of $11.07, for a total transaction of $10,522,566.36.
• On Tuesday, January 20th, Kang Sun sold 43,185 shares of Amprius Technologies stock. The shares were sold at an average price of $11.03, for a total value of $476,330.55.
• On Monday, January 12th, Kang Sun sold 506,267 shares of Amprius Technologies stock. The shares were sold at an average price of $10.10, for a total value of $5,113,296.70.

Amprius Technologies Price Performance

NYSE:AMPX opened at $16.01 on Friday. The business has a fifty day simple moving average of $13.92 and a two-hundred day simple moving average of $12.05. Amprius Technologies, Inc. has a 1 year low of $1.97 and a 1 year high of $19.76. The company has a market capitalization of $2.19 billion, a P/E ratio of -47.08 and a beta of 2.20.

Amprius Technologies (NYSE:AMPX) last issued its earnings results on Wednesday, March 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.03. The firm had revenue of $25.23 million for the quarter, compared to analyst estimates of $22.91 million. Amprius Technologies had a negative return on equity of 24.29% and a negative net margin of 60.30%.Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, analysts anticipate that Amprius Technologies, Inc. will post -0.45 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Cantor Fitzgerald increased their target price 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. B. Riley Financial boosted their price target on shares of Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, March 9th. Needham & Company LLC restated a “buy” rating and set a $20.00 price target on shares of Amprius Technologies in a research note on Tuesday, March 10th. Craig Hallum raised their price objective on shares of Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Finally, Roth Mkm reiterated a “buy” rating and issued a $20.00 price objective (up from $16.00) on shares of Amprius Technologies in a research note on Friday, March 6th. Eight analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Amprius Technologies has a consensus rating of “Moderate Buy” and an average price target of $19.75.

Hedge Funds Weigh In On Amprius Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of AMPX. Stephens Investment Management Group LLC purchased a new stake in Amprius Technologies during the third quarter valued at about $11,392,000. Vanguard Group Inc. lifted its stake in Amprius Technologies by 37.0% during the third quarter. Vanguard Group Inc. now owns 6,512,620 shares of the company’s stock worth $68,513,000 after purchasing an additional 1,757,395 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in shares of Amprius Technologies by 99.9% in the 2nd quarter. Baird Financial Group Inc. now owns 1,000,711 shares of the company’s stock worth $4,213,000 after purchasing an additional 500,212 shares in the last quarter. Calamos Advisors LLC purchased a new position in shares of Amprius Technologies in the 3rd quarter worth about $1,799,000. Finally, Jupiter Asset Management Ltd. bought a new position in shares of Amprius Technologies during the 3rd quarter valued at about $2,098,000. Hedge funds and other institutional investors own 5.04% of the company’s stock.

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.