Ambiq Micro (NYSE:AMBQ) CTO Sells 7,000 Shares of Company Stock

Ambiq Micro, Inc. (NYSE:AMBQ) CTO Scott Hanson sold 7,000 shares of the firm’s stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $51.00, for a total value of $357,000.00. Following the transaction, the chief technology officer owned 212,546 shares of the company’s stock, valued at approximately $10,839,846. This represents a 3.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Scott Mclean Hanson also recently made the following trade(s):

• On Friday, October 2nd, Scott Hanson sold 8,680 shares of Ambiq Micro stock. The shares were sold at an average price of $69.60, for a total value of $604,128.00.
• On Thursday, August 27th, Scott Hanson sold 27,500 shares of Ambiq Micro stock. The stock was sold at an average price of $59.80, for a total value of $1,644,500.00.
• On Friday, August 14th, Scott Hanson sold 7,000 shares of Ambiq Micro stock. The stock was sold at an average price of $64.38, for a total transaction of $450,660.00.

Ambiq Micro Stock Down 4.3%

Ambiq Micro stock traded down $2.27 during mid-day trading on Friday, reaching $49.81. 547,858 shares of the company’s stock were exchanged, compared to its average volume of 510,175. The company has a market cap of $1.20 billion, a P/E ratio of -23.50 and a beta of 5.34. Ambiq Micro, Inc. has a twelve month low of $22.12 and a twelve month high of $91.61. The company has a fifty day moving average of $62.06 and a 200-day moving average of $63.06.

Ambiq Micro (NYSE:AMBQ) last issued its quarterly earnings results on Tuesday, August 11th. The company reported ($0.07) EPS for the quarter. The business had revenue of $33.90 million during the quarter. Ambiq Micro had a negative net margin of 37.77% and a negative return on equity of 11.85%. Ambiq Micro has set its Q3 2026 guidance at -0.200–0.120 EPS. Equities research analysts expect that Ambiq Micro, Inc. will post -1.16 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Polar Asset Management Partners Inc. raised its position in shares of Ambiq Micro by 671.8% during the 1st quarter. Polar Asset Management Partners Inc. now owns 201,335 shares of the company’s stock worth $5,116,000 after acquiring an additional 175,247 shares in the last quarter. Wellington Management Group LLP acquired a new position in shares of Ambiq Micro in the 2nd quarter valued at $14,847,000. Atreides Management LP boosted its holdings in shares of Ambiq Micro by 23.8% in the 1st quarter. Atreides Management LP now owns 862,175 shares of the company’s stock valued at $21,908,000 after buying an additional 165,755 shares in the last quarter. Roubaix Capital LLC purchased a new position in shares of Ambiq Micro in the 1st quarter valued at $3,197,000. Finally, Lazard Asset Management LLC acquired a new stake in Ambiq Micro during the 1st quarter worth $1,633,000.

Analysts Set New Price Targets

Several brokerages have weighed in on AMBQ. Jefferies Financial Group began coverage on Ambiq Micro in a report on Wednesday, October 7th. They set a “buy” rating and a $90.00 price target on the stock. Citigroup reissued a “neutral” rating on shares of Ambiq Micro in a research report on Tuesday, August 11th. Needham & Company LLC boosted their price objective on Ambiq Micro from $70.00 to $85.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Weiss Ratings restated a “sell (d-)” rating on shares of Ambiq Micro in a research note on Friday, September 25th. Finally, Stifel Nicolaus raised their target price on shares of Ambiq Micro from $75.00 to $85.00 and gave the company a “buy” rating in a report on Monday, October 5th. Five investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $83.71.

About Ambiq Micro

Ambiq Micro is a semiconductor company that develops ultra-low-power system-on-chips (SoCs), microcontrollers and related technologies for connected edge devices. Its products are designed to extend battery life while supporting computing, sensing, wireless connectivity and artificial intelligence workloads.

The company’s portfolio includes the Apollo family of microcontrollers and SoCs, along with development platforms and software tools for applications such as smartwatches, hearables, healthcare devices, smart-home equipment, industrial sensors and other Internet of Things products.