Short Interest in Ambiq Micro, Inc. (NYSE:AMBQ) Decreases By 43.1%

Ambiq Micro, Inc. (NYSE:AMBQ) was the target of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 233,865 shares, a decrease of 43.1% from the January 15th total of 410,670 shares. Based on an average trading volume of 487,949 shares, the short-interest ratio is currently 0.5 days. Currently, 1.3% of the company’s shares are sold short. Currently, 1.3% of the company’s shares are sold short. Based on an average trading volume of 487,949 shares, the short-interest ratio is currently 0.5 days.

Ambiq Micro Price Performance

Shares of NYSE AMBQ traded up $0.19 during mid-day trading on Friday, reaching $29.51. 192,911 shares of the company’s stock traded hands, compared to its average volume of 363,526. The business has a 50-day moving average of $30.93. Ambiq Micro has a 1-year low of $22.12 and a 1-year high of $51.76.

Insider Buying and Selling

In other news, Director Joseph A. Tautges sold 7,800 shares of the business’s stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $31.00, for a total value of $241,800.00. Following the transaction, the director owned 48,746 shares in the company, valued at approximately $1,511,126. The trade was a 13.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Scott Mclean Hanson sold 10,000 shares of the company’s stock in a transaction on Monday, January 26th. The shares were sold at an average price of $31.00, for a total transaction of $310,000.00. Following the completion of the sale, the chief technology officer directly owned 122,818 shares in the company, valued at approximately $3,807,358. This represents a 7.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing.

Institutional Trading of Ambiq Micro

Institutional investors and hedge funds have recently modified their holdings of the stock. Atreides Management LP bought a new stake in shares of Ambiq Micro during the 3rd quarter worth $20,474,000. Alliancebernstein L.P. purchased a new position in Ambiq Micro in the third quarter valued at about $13,050,000. KADENSA CAPITAL Ltd purchased a new position in Ambiq Micro in the third quarter valued at about $11,818,000. Vanguard Group Inc. bought a new position in shares of Ambiq Micro during the 3rd quarter valued at approximately $9,210,000. Finally, Franklin Resources Inc. increased its stake in shares of Ambiq Micro by 2,474.3% during the 4th quarter. Franklin Resources Inc. now owns 307,887 shares of the company’s stock worth $8,775,000 after purchasing an additional 295,927 shares during the last quarter.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Weiss Ratings assumed coverage on shares of Ambiq Micro in a report on Thursday, October 23rd. They issued a “sell (e-)” rating for the company. Wall Street Zen downgraded Ambiq Micro from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, UBS Group decreased their target price on Ambiq Micro from $40.00 to $32.00 and set a “neutral” rating for the company in a research report on Monday, October 27th. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $41.75.

Ambiq Micro Company Profile

Ambiq Micro (NYSE: AMBQ) is a semiconductor company specializing in the design and development of ultra-low-power microcontroller units (MCUs) and application-specific integrated circuits (ASICs). The company’s core technology leverages sub-threshold voltage operation to dramatically reduce energy consumption, enabling extended battery life in a broad range of portable and always-on devices. Ambiq’s products are particularly well suited for applications where power efficiency is critical, such as wearable electronics, IoT sensors, medical monitoring equipment, and industrial automation systems.

The company’s flagship product family, the Apollo series of MCUs, offers multi-core architectures, integrated wireless connectivity options, and advanced security features.