Roubaix Capital LLC Invests $3.20 Million in Ambiq Micro, Inc. $AMBQ

Roubaix Capital LLC bought a new stake in shares of Ambiq Micro, Inc. (NYSE:AMBQ) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 125,821 shares of the company’s stock, valued at approximately $3,197,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. BNP Paribas Financial Markets acquired a new position in Ambiq Micro in the 3rd quarter worth about $28,000. Inspire Investing LLC increased its position in shares of Ambiq Micro by 7.1% in the fourth quarter. Inspire Investing LLC now owns 16,141 shares of the company’s stock valued at $460,000 after buying an additional 1,065 shares in the last quarter. New York State Common Retirement Fund acquired a new position in shares of Ambiq Micro during the 4th quarter worth approximately $48,000. JPMorgan Chase & Co. acquired a new position in shares of Ambiq Micro during the 3rd quarter worth approximately $56,000. Finally, Barclays PLC lifted its position in shares of Ambiq Micro by 28.7% during the 4th quarter. Barclays PLC now owns 8,451 shares of the company’s stock valued at $241,000 after buying an additional 1,883 shares in the last quarter.

Analyst Ratings Changes

A number of research firms recently issued reports on AMBQ. Needham & Company LLC lifted their price target on shares of Ambiq Micro from $48.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Weiss Ratings restated a “sell (d-)” rating on shares of Ambiq Micro in a research report on Monday, June 29th. UBS Group increased their price objective on shares of Ambiq Micro from $43.00 to $70.00 and gave the company a “neutral” rating in a report on Wednesday, May 13th. Roth Capital began coverage on shares of Ambiq Micro in a research report on Monday, July 13th. They issued a “buy” rating and a $125.00 target price on the stock. Finally, Northland Securities set a $86.00 target price on shares of Ambiq Micro in a research note on Wednesday, July 8th. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $71.83.

Insider Transactions at Ambiq Micro

In other Ambiq Micro news, COO Sean Chihhsiang Chen sold 55,685 shares of Ambiq Micro stock in a transaction on Friday, May 15th. The shares were sold at an average price of $70.89, for a total transaction of $3,947,509.65. Following the sale, the chief operating officer owned 120,275 shares of the company’s stock, valued at $8,526,294.75. The trade was a 31.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Scott Mclean Hanson sold 10,200 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $69.24, for a total transaction of $706,248.00. Following the sale, the chief technology officer directly owned 203,126 shares of the company’s stock, valued at $14,064,444.24. The trade was a 4.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 222,477 shares of company stock worth $16,304,893 in the last quarter. 10.00% of the stock is owned by insiders.

Ambiq Micro Price Performance

NYSE AMBQ opened at $72.48 on Friday. The stock’s 50 day simple moving average is $79.80 and its 200-day simple moving average is $47.95. The company has a market cap of $1.55 billion and a PE ratio of -3.50. Ambiq Micro, Inc. has a 1-year low of $22.12 and a 1-year high of $91.61.

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.