Ambiq Micro (NYSE:AMBQ) CEO Fumihide Esaka Sells 13,500 Shares of Stock

Ambiq Micro, Inc. (NYSE:AMBQGet Free Report) CEO Fumihide Esaka sold 13,500 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $64.39, for a total transaction of $869,265.00. Following the completion of the sale, the chief executive officer directly owned 451,189 shares of the company’s stock, valued at $29,052,059.71. This represents a 2.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ambiq Micro Stock Down 7.5%

NYSE:AMBQ traded down $5.11 during trading hours on Tuesday, hitting $62.75. 439,456 shares of the stock traded hands, compared to its average volume of 509,930. Ambiq Micro, Inc. has a 1 year low of $22.12 and a 1 year high of $91.61. The company has a market cap of $1.52 billion and a price-to-earnings ratio of -29.60. The stock has a 50 day moving average price of $76.06 and a 200 day moving average price of $53.20.

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

Hedge Funds Weigh In On Ambiq Micro

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

Analyst Upgrades and Downgrades

AMBQ has been the subject of a number of recent analyst reports. Northland Securities set a $81.00 price objective on Ambiq Micro in a research note on Wednesday, August 12th. Needham & Company LLC lifted their price objective on shares of Ambiq Micro from $70.00 to $85.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ambiq Micro in a research note on Monday, June 29th. UBS Group set a $85.00 price target on shares of Ambiq Micro in a report on Wednesday, August 12th. Finally, Roth Capital began coverage on shares of Ambiq Micro in a research note on Monday, July 13th. They issued a “buy” rating and a $125.00 price target on the stock. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Ambiq Micro currently has an average rating of “Hold” and an average price target of $76.00.

Check Out Our Latest Stock Analysis on Ambiq Micro

About Ambiq Micro

(Get Free Report)

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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