Ambiq Micro, Inc. (NYSE:AMBQ - Get Free Report) CTO Scott Mclean Hanson sold 27,500 shares of Ambiq Micro stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $59.80, for a total transaction of $1,644,500.00. Following the completion of the transaction, the chief technology officer directly owned 221,226 shares of the company's stock, valued at approximately $13,229,314.80. This trade represents a 11.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Scott Mclean Hanson also recently made the following trade(s):
- On Friday, August 14th, Scott Mclean 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 AMBQ stock opened at $57.28 on Friday. Ambiq Micro, Inc. has a 52-week low of $22.12 and a 52-week high of $91.61. The stock has a market cap of $1.39 billion and a price-to-earnings ratio of -27.02. The firm's 50-day moving average is $71.72 and its 200-day moving average is $54.83.
Ambiq Micro (NYSE:AMBQ - Get Free Report) last posted its quarterly earnings results on Tuesday, August 11th. The company reported ($0.07) EPS for the quarter. The business 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. Sell-side analysts predict that Ambiq Micro, Inc. will post -1.16 EPS for the current fiscal year.
Hedge Funds Weigh In On Ambiq Micro
Several institutional investors and hedge funds have recently made changes to their positions in the company. Rhumbline Advisers acquired a new stake in Ambiq Micro in the 3rd quarter worth about $119,000. JPMorgan Chase & Co. acquired a new position in shares of Ambiq Micro during the 3rd quarter worth approximately $56,000. Vanguard Group Inc. bought a new position in shares of Ambiq Micro during the third quarter worth approximately $9,210,000. Franklin Resources Inc. bought a new position in shares of Ambiq Micro during the third quarter worth approximately $358,000. Finally, BNP Paribas Financial Markets acquired a new stake in shares of Ambiq Micro in the third quarter valued at approximately $28,000.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on the company. Needham & Company LLC boosted their target price on Ambiq Micro from $70.00 to $85.00 and gave the stock a "buy" rating in a report on Wednesday, August 12th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Ambiq Micro in a report on Monday, June 29th. UBS Group set a $85.00 price objective on shares of Ambiq Micro in a research report on Wednesday, August 12th. Northland Securities set a $81.00 price objective on shares of Ambiq Micro in a report on Wednesday, August 12th. Finally, Citigroup reissued a "neutral" rating on shares of Ambiq Micro in a research report on Tuesday, August 11th. Three 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. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $82.20.
View Our Latest Stock Report on AMBQ
Ambiq Micro Company Profile
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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.
Further Reading
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