Ambiq Micro (NYSE:AMBQ) Stock: Insider Scott Mclean Hanson Sells 7,000 Shares

Ambiq Micro, Inc. (NYSE:AMBQ) CTO Scott Hanson sold 7,000 shares of the company’s stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $51.00, for a total value of $357,000.00. Following the completion of the sale, the chief technology officer owned 212,546 shares in the company, valued at $10,839,846. The trade was a 3.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Scott Mclean Hanson also recently made the following trade(s):

• On Friday, October 2nd, Scott Hanson sold 8,680 shares of Ambiq Micro stock. The shares were sold at an average price of $69.60, for a total transaction of $604,128.00.
• On Thursday, August 27th, Scott Hanson sold 27,500 shares of Ambiq Micro stock. The stock was sold at an average price of $59.80, for a total transaction of $1,644,500.00.
• On Friday, August 14th, Scott Hanson sold 7,000 shares of Ambiq Micro stock. The stock was sold at an average price of $64.38, for a total transaction of $450,660.00.

Ambiq Micro Stock Performance

Shares of NYSE AMBQ opened at $49.81 on Friday. The company’s 50 day moving average price is $61.70 and its 200-day moving average price is $62.97. Ambiq Micro, Inc. has a 52-week low of $22.12 and a 52-week high of $91.61. The company has a market capitalization of $1.20 billion, a P/E ratio of -23.50 and a beta of 5.34.

Ambiq Micro (NYSE:AMBQ) last posted its quarterly earnings data on Tuesday, August 11th. The company reported ($0.07) earnings per share 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. Analysts forecast that Ambiq Micro, Inc. will post -1.16 earnings per share for the current year.

Institutional Trading of Ambiq Micro

Hedge funds have recently modified their holdings of the stock. California State Teachers Retirement System grew its holdings in Ambiq Micro by 244.6% in the first quarter. California State Teachers Retirement System now owns 989 shares of the company’s stock worth $25,000 after purchasing an additional 702 shares during the period. Azimuth Capital Investment Management LLC bought a new stake in Ambiq Micro in the second quarter valued at $234,000. Resolute Advisors LLC bought a new stake in Ambiq Micro in the second quarter valued at $265,000. Inspire Investing LLC raised its holdings in shares of Ambiq Micro by 28.9% during the first quarter. Inspire Investing LLC now owns 20,806 shares of the company’s stock valued at $529,000 after purchasing an additional 4,665 shares during the period. Finally, Engineers Gate Manager LP acquired a new position in shares of Ambiq Micro during the second quarter valued at about $525,000.

Analysts Set New Price Targets

A number of analysts have weighed in on AMBQ shares. Stifel Nicolaus increased their price target on Ambiq Micro from $75.00 to $85.00 and gave the stock a “buy” rating in a report on Monday, October 5th. Northland Securities set a $81.00 price objective on Ambiq Micro in a research note on Wednesday, August 12th. Jefferies Financial Group started coverage on Ambiq Micro in a research note on Wednesday, October 7th. They issued a “buy” rating and a $90.00 price objective on the stock. Roth Capital assumed coverage on Ambiq Micro in a research report on Monday, July 13th. They set a “buy” rating and a $125.00 target price on the stock. Finally, UBS Group set a $85.00 target price on Ambiq Micro in a research note on Wednesday, August 12th. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $83.71.

About Ambiq Micro

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.