Renaissance Technologies LLC purchased a new stake in Ambiq Micro, Inc. (NYSE:AMBQ – Free Report) in the 1st quarter, HoldingsChannel.com reports. The firm purchased 42,600 shares of the company’s stock, valued at approximately $1,082,000.
Other hedge funds have also recently modified their holdings of the company. BNP Paribas Financial Markets bought a new position in shares of Ambiq Micro during the third quarter valued at approximately $28,000. New York State Common Retirement Fund bought a new position in Ambiq Micro in the fourth quarter worth approximately $48,000. JPMorgan Chase & Co. bought a new position in Ambiq Micro in the third quarter worth approximately $56,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Ambiq Micro during the third quarter worth $65,000. Finally, Rhumbline Advisers purchased a new stake in Ambiq Micro during the third quarter worth $119,000.
Insider Buying and Selling at Ambiq Micro
In related news, Director Timothy Chen sold 70,592 shares of the business’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $79.79, for a total transaction of $5,632,535.68. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 10.00% of the stock is owned by insiders.
Analyst Upgrades and Downgrades
View Our Latest Research Report on Ambiq Micro
Ambiq Micro Stock Up 0.2%
NYSE:AMBQ opened at $64.49 on Friday. The stock has a market capitalization of $1.56 billion and a price-to-earnings ratio of -30.42. Ambiq Micro, Inc. has a 52 week low of $22.12 and a 52 week high of $91.61. The firm has a 50 day moving average of $76.29 and a 200 day moving average of $52.79.
Ambiq Micro (NYSE:AMBQ – Get Free Report) last released its quarterly earnings results on Tuesday, August 11th. The company reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $33.90 million during 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. As a group, analysts expect that Ambiq Micro, Inc. will post -1.69 EPS for the current year.
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.
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