Insider Selling: Ambiq Micro (NYSE:AMBQ) CTO Sells $450,660.00 in Stock

Ambiq Micro, Inc. (NYSE:AMBQGet Free Report) CTO Scott Mclean Hanson sold 7,000 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $64.38, for a total transaction of $450,660.00. Following the completion of the transaction, the chief technology officer owned 211,226 shares of the company’s stock, valued at $13,598,729.88. This trade represents a 3.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ambiq Micro Stock Down 7.5%

Shares of NYSE:AMBQ traded down $5.11 during midday trading on Tuesday, reaching $62.75. 439,456 shares of the company were exchanged, compared to its average volume of 509,930. Ambiq Micro, Inc. has a fifty-two week low of $22.12 and a fifty-two week high of $91.61. The stock has a fifty day simple moving average of $76.06 and a two-hundred day simple moving average of $53.20. The firm has a market cap of $1.52 billion and a PE ratio of -29.60.

Ambiq Micro (NYSE:AMBQGet Free Report) last announced its earnings results on Tuesday, August 11th. The company reported ($0.07) earnings per share for the quarter. The company 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 forecast that Ambiq Micro, Inc. will post -1.69 earnings per share for the current year.

Hedge Funds Weigh In On Ambiq Micro

Several institutional investors and hedge funds have recently modified their holdings of the business. Bank of America Corp DE grew its position in shares of Ambiq Micro by 632.3% during the 1st quarter. Bank of America Corp DE now owns 48,033 shares of the company’s stock worth $1,221,000 after purchasing an additional 41,474 shares in the last quarter. Atreides Management LP raised its stake in Ambiq Micro by 23.8% during the first quarter. Atreides Management LP now owns 862,175 shares of the company’s stock worth $21,908,000 after acquiring an additional 165,755 shares in the last quarter. California State Teachers Retirement System lifted its stake in Ambiq Micro by 244.6% in the 1st quarter. California State Teachers Retirement System now owns 989 shares of the company’s stock valued at $25,000 after purchasing an additional 702 shares during the last quarter. Readystate Asset Management LP grew its stake in shares of Ambiq Micro by 152.6% during the first quarter. Readystate Asset Management LP now owns 41,917 shares of the company’s stock worth $1,065,000 after buying an additional 25,321 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of Ambiq Micro by 1,332.1% during the first quarter. Royal Bank of Canada now owns 11,600 shares of the company’s stock worth $295,000 after buying an additional 10,790 shares in the last quarter.

Analyst Ratings Changes

AMBQ has been the subject of several analyst reports. Needham & Company LLC raised their target price 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. Citigroup restated a “neutral” rating on shares of Ambiq Micro in a research note on Tuesday, August 11th. Roth Capital initiated coverage on shares of Ambiq Micro in a research note on Monday, July 13th. They issued a “buy” rating and a $125.00 target price for the company. UBS Group set a $85.00 price target on Ambiq Micro in a report on Wednesday, August 12th. Finally, Zacks Research raised Ambiq Micro from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Ambiq Micro has a consensus rating of “Hold” and a consensus target price of $76.00.

Read Our Latest Stock Report on Ambiq Micro

Ambiq Micro Company Profile

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

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