Shares of Ambiq Micro, Inc. (NYSE:AMBQ – Get Free Report) crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $53.34 and traded as high as $54.86. Ambiq Micro shares last traded at $54.6140, with a volume of 281,735 shares traded.
Analysts Set New Price Targets
A number of research analysts have recently commented on the stock. Northland Securities set a $81.00 target price on shares of Ambiq Micro in a report on Wednesday, August 12th. UBS Group set a $85.00 price objective on shares of Ambiq Micro in a research report on Wednesday, August 12th. Stifel Nicolaus increased their price objective on shares of Ambiq Micro from $75.00 to $85.00 and gave the company a “buy” rating in a research note on Monday, October 5th. Needham & Company LLC increased their price objective on shares of Ambiq Micro from $70.00 to $85.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Finally, Jefferies Financial Group began coverage on shares of Ambiq Micro in a research report on Wednesday, October 7th. They issued a “buy” rating and a $90.00 target price on the stock. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $83.71.
Check Out Our Latest Research Report on AMBQ
Ambiq Micro Stock Down 2.0%
Ambiq Micro (NYSE:AMBQ – Get Free Report) last posted its earnings results on Tuesday, August 11th. The company reported ($0.07) earnings per share for the quarter. The firm had revenue of $33.90 million for the quarter. Ambiq Micro had a negative return on equity of 11.85% and a negative net margin of 37.77%. Ambiq Micro has set its Q3 2026 guidance at -0.200–0.120 EPS. On average, sell-side analysts anticipate that Ambiq Micro, Inc. will post -1.16 EPS for the current fiscal year.
Insider Activity at Ambiq Micro
In other news, CTO Scott Hanson sold 7,000 shares of the business’s stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $51.00, for a total transaction of $357,000.00. Following the sale, the chief technology officer owned 212,546 shares in the company, valued at $10,839,846. The trade was a 3.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Sean Chen sold 15,000 shares of the stock in a transaction dated Wednesday, October 14th. The stock was sold at an average price of $51.50, for a total value of $772,500.00. Following the completion of the sale, the chief operating officer directly owned 106,268 shares of the company’s stock, valued at approximately $5,472,802. This represents a 12.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 331,887 shares of company stock valued at $19,995,954 over the last 90 days. Insiders own 10.00% of the company’s stock.
Hedge Funds Weigh In On Ambiq Micro
Several hedge funds have recently made changes to their positions in the business. Mirae Asset Global Investments Co. Ltd. bought a new position in Ambiq Micro in the 3rd quarter valued at about $32,000. Sterling Capital Management LLC raised its holdings in shares of Ambiq Micro by 953.8% during the 3rd quarter. Sterling Capital Management LLC now owns 685 shares of the company’s stock worth $47,000 after buying an additional 620 shares in the last quarter. Inspire Investing LLC raised its stake in Ambiq Micro by 21.2% during the third quarter. Inspire Investing LLC now owns 9,256 shares of the company’s stock worth $631,000 after acquiring an additional 1,616 shares in the last quarter. SBI Securities Co. Ltd. increased its holdings in shares of Ambiq Micro by 27.0% during the third quarter. SBI Securities Co. Ltd. now owns 2,654 shares of the company’s stock worth $181,000 after buying an additional 564 shares in the last quarter. Finally, Engineers Gate Manager LP bought a new position in shares of Ambiq Micro in the 2nd quarter valued at $525,000.
Ambiq Micro Company Profile
Ambiq Micro, Inc is a semiconductor company focused on developing ultra-low-power solutions for battery-powered and energy-efficient electronic devices. Its technologies are designed to help manufacturers extend battery life while supporting increasingly demanding computing, sensing and artificial-intelligence workloads at the edge.
The company’s product portfolio includes Apollo-series microcontrollers, systems-on-chip and related semiconductor solutions built around its Subthreshold Power Optimized Technology (SPOT) platform.
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