Ambiq Micro, Inc. (NYSE:AMBQ – Get 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:AMBQ – Get 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
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
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
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
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.
