Ambiq Micro, Inc. (NYSE:AMBQ - Get Free Report) CTO Scott Mclean Hanson sold 7,000 shares of Ambiq Micro stock in a transaction 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 in the company, valued at approximately $13,598,729.88. This represents a 3.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Ambiq Micro Stock Performance
Shares of AMBQ opened at $62.75 on Wednesday. Ambiq Micro, Inc. has a fifty-two week low of $22.12 and a fifty-two week high of $91.61. The company has a market capitalization of $1.52 billion and a price-to-earnings ratio of -29.60. The firm has a 50-day simple moving average of $75.78 and a 200-day simple moving average of $53.41.
Ambiq Micro (NYSE:AMBQ - Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The company reported ($0.07) earnings per share (EPS) for the quarter. The company 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. Equities research analysts forecast that Ambiq Micro, Inc. will post -1.69 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on the stock. Northland Securities set a $81.00 price objective on shares of Ambiq Micro in a research report on Wednesday, August 12th. Zacks Research upgraded shares of Ambiq Micro from a "strong sell" rating to a "hold" rating in a research report on Monday, May 4th. Weiss Ratings restated a "sell (d-)" rating on shares of Ambiq Micro in a research note on Monday, June 29th. Needham & Company LLC boosted their price target on shares of Ambiq Micro from $70.00 to $85.00 and gave the stock a "buy" rating in a research note on Wednesday, August 12th. Finally, UBS Group set a $85.00 price target on shares of Ambiq Micro in a report on Wednesday, August 12th. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $76.00.
View Our Latest Research Report on Ambiq Micro
Institutional Investors Weigh In On Ambiq Micro
Institutional investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp increased its holdings in shares of Ambiq Micro by 288.5% in the 1st quarter. Bank of New York Mellon Corp now owns 42,030 shares of the company's stock valued at $1,068,000 after purchasing an additional 31,212 shares in the last quarter. Renaissance Technologies LLC acquired a new position in Ambiq Micro during the first quarter worth about $1,082,000. Monashee Investment Management LLC increased its holdings in Ambiq Micro by 21.9% in the first quarter. Monashee Investment Management LLC now owns 103,756 shares of the company's stock valued at $2,636,000 after buying an additional 18,667 shares in the last quarter. First Eagle Investment Management LLC increased its holdings in Ambiq Micro by 222.1% in the fourth quarter. First Eagle Investment Management LLC now owns 189,723 shares of the company's stock valued at $5,407,000 after buying an additional 130,823 shares in the last quarter. Finally, Roubaix Capital LLC acquired a new stake in shares of Ambiq Micro during the 1st quarter valued at approximately $3,197,000.
About Ambiq Micro
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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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