Key Points
- CEO Fumihide Esaka sold 50,000 Ambiq Micro shares at an average price of $63.36, generating $3.17 million. The transaction was made under a pre-arranged Rule 10b5-1 plan and reduced his direct stake by 9.8% to 460,460 shares.
- Esaka has made several additional sales recently, including 13,500 shares on September 15 and more than 108,000 shares across transactions on August 31 and September 1–2.
- Ambiq Micro shares opened at $60.72, with a market capitalization of about $1.47 billion. Analysts have a consensus “Hold” rating and an average price target of $82.20, while the company reported a quarterly loss of $0.07 per share and $33.9 million in revenue.
Ambiq Micro, Inc. (NYSE:AMBQ - Get Free Report) Director Ker Zhang sold 10,000 shares of the stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $63.44, for a total value of $634,400.00. Following the completion of the transaction, the director directly owned 20,366 shares of the company's stock, valued at $1,292,019.04. This represents a 32.93% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Ker Zhang also recently made the following trade(s):
- On Friday, September 4th, Ker Zhang sold 185 shares of Ambiq Micro stock. The shares were sold at an average price of $56.92, for a total value of $10,530.20.
Ambiq Micro Stock Up 1.9%
NYSE AMBQ opened at $60.72 on Wednesday. The firm has a market capitalization of $1.47 billion, a PE ratio of -28.64 and a beta of 5.58. The stock's 50 day moving average is $65.98 and its 200 day moving average is $57.47. Ambiq Micro, Inc. has a twelve month low of $22.12 and a twelve month high of $91.61.
Ambiq Micro (NYSE:AMBQ - Get Free Report) last posted 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. On average, research analysts anticipate that Ambiq Micro, Inc. will post -1.16 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on the stock. Northland Securities set a $81.00 price target on shares of Ambiq Micro in a research report on Wednesday, August 12th. Needham & Company LLC upped their price objective on shares of 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. Citigroup reaffirmed a "neutral" rating on shares of Ambiq Micro in a research note on Tuesday, August 11th. Finally, Roth Capital started coverage on shares of Ambiq Micro in a report on Monday, July 13th. They set a "buy" rating and a $125.00 target price for the company. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $82.20.
Check Out Our Latest Report on AMBQ
Hedge Funds Weigh In On Ambiq Micro
Several large investors have recently modified their holdings of the stock. California State Teachers Retirement System boosted its stake 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 purchasing an additional 702 shares in the last quarter. Azimuth Capital Investment Management LLC purchased a new stake in Ambiq Micro during the 2nd quarter valued at about $234,000. Resolute Advisors LLC bought a new stake in Ambiq Micro during the 2nd quarter valued at about $265,000. Engineers Gate Manager LP bought a new stake in Ambiq Micro during the 2nd quarter valued at about $525,000. Finally, AXQ Capital LP purchased a new position in Ambiq Micro in the second quarter worth about $539,000.
Ambiq Micro Company Profile
(
Get Free Report)
Ambiq Micro, Inc is a semiconductor company that develops ultra-low-power system-on-chip (SoC) solutions and microcontrollers for edge computing and artificial intelligence applications. Its technology is designed to help battery-powered devices perform data processing locally while extending battery life.
The company's product portfolio includes its Apollo family of low-power microcontrollers and SoCs, as well as solutions that integrate processing, memory, wireless connectivity and AI capabilities.
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