Wasatch Advisors LP decreased its holdings in shares of Ambiq Micro, Inc. (NYSE:AMBQ – Free Report) by 67.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 81,559 shares of the company’s stock after selling 172,744 shares during the quarter. Wasatch Advisors LP owned about 0.38% of Ambiq Micro worth $7,202,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of AMBQ. Alliancebernstein L.P. acquired a new position in shares of Ambiq Micro in the 3rd quarter worth approximately $13,050,000. Vanguard Group Inc. acquired a new stake in Ambiq Micro in the 3rd quarter valued at approximately $9,210,000. Franklin Resources Inc. raised its position in Ambiq Micro by 2,474.3% in the fourth quarter. Franklin Resources Inc. now owns 307,887 shares of the company’s stock valued at $8,775,000 after purchasing an additional 295,927 shares during the period. Schonfeld Strategic Advisors LLC purchased a new stake in Ambiq Micro in the third quarter valued at approximately $8,201,000. Finally, Polar Asset Management Partners Inc. lifted its stake in Ambiq Micro by 671.8% during the first quarter. Polar Asset Management Partners Inc. now owns 201,335 shares of the company’s stock worth $5,116,000 after purchasing an additional 175,247 shares in the last quarter.
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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Sean Chihhsiang Chen sold 55,685 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $70.89, for a total value of $3,947,509.65. Following the sale, the chief operating officer owned 120,275 shares in the company, valued at approximately $8,526,294.75. This trade represents a 31.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 10.00% of the company’s stock.
Key Ambiq Micro News
- Positive Sentiment: Q2 earnings beat expectations: Ambiq reported an adjusted loss of $0.07 per share, substantially better than the $0.26 loss analysts expected and an improvement from a $0.43 loss a year earlier. Revenue reached $33.9 million, with sales rising approximately 90% year over year as demand for Edge AI solutions strengthened. Ambiq’s Q2 Earnings Surpass Estimates
- Positive Sentiment: Constructive outlook: Management guided for third-quarter revenue of $36 million to $37 million, above the $34.1 million consensus estimate. Its projected EPS loss of $0.12 to $0.20 is also narrower than the consensus loss estimate of $0.30, supporting expectations for continued operating improvement. Ambiq Micro Q2 Results
- Positive Sentiment: Analyst support increased: Needham raised its price target from $70 to $85 and maintained a Buy rating, implying roughly 29% potential upside from the referenced share price. The upgrade reflects optimism about Ambiq’s growth trajectory and Edge AI demand. Needham Raises Ambiq Micro Price Target
- Negative Sentiment: Profitability remains a risk: Ambiq continues to report a net loss, negative net margin and negative return on equity. The company’s third-quarter guidance still calls for an EPS loss, so the rally depends on sustained revenue growth and further margin expansion.
Ambiq Micro Stock Up 1.1%
Shares of AMBQ stock opened at $66.03 on Thursday. Ambiq Micro, Inc. has a 52 week low of $22.12 and a 52 week high of $91.61. The stock has a market capitalization of $1.41 billion and a PE ratio of -31.15. The firm has a 50 day moving average of $76.89 and a two-hundred day moving average of $52.49.
Ambiq Micro (NYSE:AMBQ – Get Free Report) last posted its quarterly earnings data on Tuesday, August 11th. The company reported ($0.07) earnings per share for the quarter. The company had revenue of $33.90 million for the quarter. Ambiq Micro had a negative return on equity of 15.22% and a negative net margin of 37.77%.Ambiq Micro has set its Q3 2026 guidance at -0.200–0.120 EPS. Analysts expect that Ambiq Micro, Inc. will post -1.69 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on AMBQ shares. Needham & Company LLC lifted their price objective on Ambiq Micro from $70.00 to $85.00 and gave the company a “buy” rating in a research note on Wednesday. Northland Securities set a $81.00 target price on Ambiq Micro in a research note on Wednesday. UBS Group set a $85.00 target price on Ambiq Micro in a report on Wednesday. Citigroup reaffirmed a “neutral” rating on shares of Ambiq Micro in a research report on Tuesday. Finally, Roth Capital assumed 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. Four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $76.00.
Check Out Our Latest Research Report on Ambiq Micro
About Ambiq Micro
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.
Read More
- Five stocks we like better than Ambiq Micro
- GE Vernova’s AI Power Boom Faces a Profit Test
- Cardinal Health Earnings: Can Perfection Get Priced In Twice?
- Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
- Legacy Jet Builders Stall While Embraer Accelerates to New Highs
Want to see what other hedge funds are holding AMBQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ambiq Micro, Inc. (NYSE:AMBQ – Free Report).
Receive News & Ratings for Ambiq Micro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ambiq Micro and related companies with MarketBeat.com's FREE daily email newsletter.
