Ambiq Micro, Inc. (NYSE:AMBQ – Get Free Report) CTO Scott Hanson sold 7,000 shares of Ambiq Micro stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $51.00, for a total value of $357,000.00. Following the sale, the chief technology officer owned 212,546 shares in the company, valued at $10,839,846. This trade represents a 3.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Scott Mclean Hanson also recently made the following trade(s):
- On Friday, October 2nd, Scott Hanson sold 8,680 shares of Ambiq Micro stock. The shares were sold at an average price of $69.60, for a total value of $604,128.00.
- On Thursday, August 27th, Scott Hanson sold 27,500 shares of Ambiq Micro stock. The shares were sold at an average price of $59.80, for a total value of $1,644,500.00.
- On Friday, August 14th, Scott Hanson sold 7,000 shares of Ambiq Micro stock. The stock was sold at an average price of $64.38, for a total value of $450,660.00.
Ambiq Micro Stock Down 4.3%
AMBQ traded down $2.27 during trading on Friday, hitting $49.81. 547,858 shares of the stock were exchanged, compared to its average volume of 510,175. The firm has a market capitalization of $1.20 billion, a P/E ratio of -23.50 and a beta of 5.34. Ambiq Micro, Inc. has a 1-year low of $22.12 and a 1-year high of $91.61. The stock has a fifty day moving average price of $62.06 and a two-hundred day moving average price of $63.06.
Ambiq Micro (NYSE:AMBQ – Get Free Report) last issued its quarterly earnings data on Tuesday, August 11th. The company reported ($0.07) earnings per share 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. Analysts predict that Ambiq Micro, Inc. will post -1.16 EPS for the current year.
Institutional Trading of Ambiq Micro
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Engineers Gate Manager LP acquired a new stake in Ambiq Micro during the 2nd quarter worth approximately $525,000. Squarepoint Ops LLC grew its stake in shares of Ambiq Micro by 603.5% in the 2nd quarter. Squarepoint Ops LLC now owns 63,228 shares of the company’s stock valued at $5,583,000 after purchasing an additional 54,240 shares during the last quarter. Spark Investment Management LLC purchased a new position in shares of Ambiq Micro in the 2nd quarter valued at approximately $777,000. Azimuth Capital Investment Management LLC acquired a new position in shares of Ambiq Micro in the second quarter valued at approximately $234,000. Finally, AXQ Capital LP purchased a new stake in shares of Ambiq Micro during the second quarter worth approximately $539,000.
Analyst Ratings Changes
Several analysts recently commented on AMBQ shares. Roth Capital began coverage on shares of Ambiq Micro in a research report on Monday, July 13th. They issued a “buy” rating and a $125.00 price target for the company. Stifel Nicolaus increased their price target on shares of Ambiq Micro from $75.00 to $85.00 and gave the stock a “buy” rating in a research note on Monday, October 5th. Citigroup reissued a “neutral” rating on shares of Ambiq Micro in a research report on Tuesday, August 11th. UBS Group set a $85.00 price objective on shares of Ambiq Micro in a research report on Wednesday, August 12th. Finally, Northland Securities set a $81.00 price objective on shares of Ambiq Micro in a research note on Wednesday, August 12th. Five equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $83.71.
Check Out Our Latest Stock Report on Ambiq Micro
About Ambiq Micro
Ambiq Micro is a semiconductor company that develops ultra-low-power system-on-chips (SoCs), microcontrollers and related technologies for connected edge devices. Its products are designed to extend battery life while supporting computing, sensing, wireless connectivity and artificial intelligence workloads.
The company’s portfolio includes the Apollo family of microcontrollers and SoCs, along with development platforms and software tools for applications such as smartwatches, hearables, healthcare devices, smart-home equipment, industrial sensors and other Internet of Things products.
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