Insider Selling: Ambiq Micro (NYSE:AMBQ) COO Sells 8,205 Shares of Stock

Ambiq Micro, Inc. (NYSE:AMBQ – Get Free Report) COO Sean Chen sold 8,205 shares of the business’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $66.78, for a total transaction of $547,929.90. Following the completion of the transaction, the chief operating officer directly owned 106,268 shares of the company’s stock, valued at approximately $7,096,577.04. This represents a 7.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sean Chihhsiang Chen also recently made the following trade(s):

  • On Friday, October 2nd, Sean Chen sold 5,802 shares of Ambiq Micro stock. The shares were sold at an average price of $69.60, for a total transaction of $403,819.20.
  • On Monday, September 14th, Sean Chen sold 15,000 shares of Ambiq Micro stock. The stock was sold at an average price of $60.14, for a total transaction of $902,100.00.
  • On Friday, September 4th, Sean Chen sold 15,000 shares of Ambiq Micro stock. The stock was sold at an average price of $57.17, for a total transaction of $857,550.00.

Ambiq Micro Stock Performance

AMBQ traded down $2.75 during trading on Tuesday, reaching $63.17. The stock had a trading volume of 563,687 shares, compared to its average volume of 512,488. The stock has a market cap of $1.53 billion, a PE ratio of -29.80 and a beta of 5.34. Ambiq Micro, Inc. has a one year low of $22.12 and a one year high of $91.61. The business has a 50-day moving average of $62.99 and a 200-day moving average of $61.25.

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

Institutional Investors Weigh In On Ambiq Micro

Several institutional investors have recently bought and sold shares of AMBQ. Renaissance Technologies LLC purchased a new position in Ambiq Micro in the 1st quarter worth approximately $1,082,000. Bank of New York Mellon Corp grew its holdings in shares of Ambiq Micro by 288.5% in the first quarter. Bank of New York Mellon Corp now owns 42,030 shares of the company’s stock worth $1,068,000 after purchasing an additional 31,212 shares during the last quarter. Squarepoint Ops LLC grew its holdings in shares of Ambiq Micro by 603.5% in the second quarter. Squarepoint Ops LLC now owns 63,228 shares of the company’s stock worth $5,583,000 after purchasing an additional 54,240 shares during the last quarter. Wellington Management Group LLP purchased a new position in shares of Ambiq Micro in the second quarter worth $14,847,000. Finally, Royal Bank of Canada raised its holdings in Ambiq Micro by 1,332.1% during the 1st quarter. Royal Bank of Canada now owns 11,600 shares of the company’s stock valued at $295,000 after buying an additional 10,790 shares during the last quarter.

Analyst Ratings Changes

AMBQ has been the subject of a number of recent research reports. Citigroup restated a “neutral” rating on shares of Ambiq Micro in a research report on Tuesday, August 11th. Roth Capital initiated coverage on shares of Ambiq Micro in a research note on Monday, July 13th. They set a “buy” rating and a $125.00 price target on the stock. Northland Securities set a $81.00 price objective on shares of Ambiq Micro in a report on Wednesday, August 12th. Stifel Nicolaus upped 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. Finally, UBS Group set a $85.00 target price on shares of Ambiq Micro in a report on Wednesday, August 12th. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $82.67.

View Our Latest Stock Report on Ambiq Micro

Ambiq Micro Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Ambiq Micro (NYSE:AMBQ)

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