Royal Bank of Canada Buys 10,790 Shares of Ambiq Micro, Inc. $AMBQ

Royal Bank of Canada grew its stake in shares of Ambiq Micro, Inc. (NYSE:AMBQ) by 1,332.1% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,600 shares of the company’s stock after buying an additional 10,790 shares during the quarter. Royal Bank of Canada’s holdings in Ambiq Micro were worth $295,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Polar Asset Management Partners Inc. increased its holdings in shares of 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 buying an additional 175,247 shares in the last quarter. Lazard Asset Management LLC acquired a new stake in shares of Ambiq Micro during the 1st quarter valued at $1,633,000. Renaissance Technologies LLC bought a new stake in Ambiq Micro during the 1st quarter worth $1,082,000. Monashee Investment Management LLC increased its holdings in Ambiq Micro by 21.9% in the 1st quarter. Monashee Investment Management LLC now owns 103,756 shares of the company’s stock worth $2,636,000 after purchasing an additional 18,667 shares in the last quarter. Finally, Roubaix Capital LLC acquired a new position in Ambiq Micro in the 1st quarter worth about $3,197,000.

Analysts Set New Price Targets

AMBQ has been the topic of a number of recent research reports. Northland Securities set a $81.00 price target on Ambiq Micro in a research note on Wednesday, August 12th. Citigroup reaffirmed a “neutral” rating on shares of Ambiq Micro in a research note on Tuesday, August 11th. Zacks Research upgraded shares of Ambiq Micro from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. UBS Group set a $85.00 target price on shares of Ambiq Micro in a research report on Wednesday, August 12th. Finally, Needham & Company LLC upped their price target 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. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Ambiq Micro has an average rating of “Hold” and an average price target of $82.20.

Ambiq Micro Price Performance

Shares of AMBQ stock opened at $59.97 on Friday. The stock has a market capitalization of $1.45 billion and a PE ratio of -28.29. The business’s 50 day simple moving average is $72.40 and its 200 day simple moving average is $54.81. Ambiq Micro, Inc. has a one year low of $22.12 and a one year high of $91.61.

Ambiq Micro (NYSE:AMBQ) last released its quarterly earnings results on Tuesday, August 11th. The company reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $33.90 million for 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, research analysts expect that Ambiq Micro, Inc. will post -1.16 earnings per share for the current year.

Insiders Place Their Bets

In other Ambiq Micro news, CTO Scott Mclean Hanson sold 7,000 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $64.38, for a total transaction of $450,660.00. Following the completion of the sale, the chief technology officer directly owned 211,226 shares in the company, valued at approximately $13,598,729.88. This trade represents a 3.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Fumihide Esaka sold 13,500 shares of Ambiq Micro stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $64.39, for a total value of $869,265.00. Following the completion of the transaction, the chief executive officer directly owned 451,189 shares of the company’s stock, valued at approximately $29,052,059.71. This trade represents a 2.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 10.00% of the stock is owned by company insiders.

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.