Sean Chihhsiang Chen Sells 15,000 Shares of Ambiq Micro (NYSE:AMBQ) Stock

Ambiq Micro, Inc. (NYSE:AMBQGet Free Report) COO Sean Chen sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $57.17, for a total transaction of $857,550.00. Following the transaction, the chief operating officer directly owned 120,275 shares of the company’s stock, valued at approximately $6,876,121.75. This represents a 11.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ambiq Micro Stock Performance

Ambiq Micro stock traded up $4.37 during midday trading on Wednesday, reaching $63.99. 969,241 shares of the stock were exchanged, compared to its average volume of 504,069. Ambiq Micro, Inc. has a 52 week low of $22.12 and a 52 week high of $91.61. The firm has a market cap of $1.55 billion, a PE ratio of -30.19 and a beta of 5.58. The company’s fifty day moving average is $68.08 and its 200-day moving average is $56.38.

Ambiq Micro (NYSE:AMBQGet Free Report) last announced its quarterly earnings results on Tuesday, August 11th. The company reported ($0.07) EPS for the quarter. The firm had revenue of $33.90 million during the quarter. Ambiq Micro had a negative net margin of 37.77% and a negative return on equity of 11.85%. Ambiq Micro has set its Q3 2026 guidance at -0.200–0.120 EPS. On average, sell-side analysts anticipate that Ambiq Micro, Inc. will post -1.16 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Needham & Company LLC boosted their price objective on Ambiq Micro from $70.00 to $85.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. UBS Group set a $85.00 target price on shares of Ambiq Micro in a research note on Wednesday, August 12th. Northland Securities set a $81.00 target price on shares of Ambiq Micro in a research report on Wednesday, August 12th. Citigroup reissued a “neutral” rating on shares of Ambiq Micro in a research note on Tuesday, August 11th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Ambiq Micro in a research report on Monday, June 29th. 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $82.20.

Check Out Our Latest Research Report on AMBQ

Hedge Funds Weigh In On Ambiq Micro

Several institutional investors have recently modified their holdings of AMBQ. California State Teachers Retirement System lifted its position in Ambiq Micro by 244.6% in the 1st quarter. California State Teachers Retirement System now owns 989 shares of the company’s stock worth $25,000 after buying an additional 702 shares during the last quarter. BNP Paribas Financial Markets purchased a new stake in Ambiq Micro in the third quarter worth approximately $28,000. New York State Common Retirement Fund bought a new position in Ambiq Micro during the fourth quarter valued at approximately $48,000. JPMorgan Chase & Co. bought a new position in Ambiq Micro during the third quarter valued at approximately $56,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Ambiq Micro during the third quarter worth approximately $65,000.

Ambiq Micro Company Profile

(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.

Read More

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

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.