Ambiq Micro (NYSE:AMBQ) CTO Scott Mclean Hanson Sells 7,000 Shares of Stock

Ambiq Micro, Inc. (NYSE:AMBQGet Free Report) CTO Scott Mclean Hanson sold 7,000 shares of Ambiq Micro stock in a transaction that occurred 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 sale, the chief technology officer owned 211,226 shares of the company’s stock, valued at $13,598,729.88. This trade represents a 3.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ambiq Micro Stock Down 7.5%

Shares of NYSE AMBQ opened at $62.75 on Wednesday. The business’s 50 day moving average is $75.78 and its two-hundred day moving average is $53.41. 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 $1.52 billion and a price-to-earnings ratio of -29.60.

Ambiq Micro (NYSE:AMBQGet Free Report) last released its quarterly earnings results on Tuesday, August 11th. The company reported ($0.07) EPS for the quarter. Ambiq Micro had a negative return on equity of 11.85% and a negative net margin of 37.77%.The firm had revenue of $33.90 million for the quarter. Ambiq Micro has set its Q3 2026 guidance at -0.200–0.120 EPS. Analysts anticipate that Ambiq Micro, Inc. will post -1.69 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Zacks Research upgraded shares of Ambiq Micro from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. Needham & Company LLC lifted their price objective on shares of Ambiq Micro from $70.00 to $85.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. Roth Capital assumed coverage on shares of Ambiq Micro in a research note on Monday, July 13th. They set a “buy” rating and a $125.00 target price on the stock. Northland Securities set a $81.00 price objective on shares of Ambiq Micro in a report on Wednesday, August 12th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Ambiq Micro in a research report on Monday, June 29th. Four analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $76.00.

Read Our Latest Research Report on AMBQ

Institutional Trading of Ambiq Micro

Several institutional investors and hedge funds have recently made changes to their positions in the company. Alliancebernstein L.P. acquired a new stake in shares of Ambiq Micro in the 3rd quarter valued at about $13,050,000. Vanguard Group Inc. acquired a new position in Ambiq Micro during the third quarter worth approximately $9,210,000. Franklin Resources Inc. increased its position in Ambiq Micro by 2,474.3% during the fourth quarter. Franklin Resources Inc. now owns 307,887 shares of the company’s stock worth $8,775,000 after buying an additional 295,927 shares during the period. Schonfeld Strategic Advisors LLC purchased a new stake in Ambiq Micro in the third quarter valued at approximately $8,201,000. Finally, Polar Asset Management Partners Inc. lifted its stake in Ambiq Micro by 671.8% in the first quarter. Polar Asset Management Partners Inc. now owns 201,335 shares of the company’s stock valued at $5,116,000 after buying an additional 175,247 shares during the last quarter.

About Ambiq Micro

(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.

Featured Articles

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.