Insider Selling: Ambiq Micro (NYSE:AMBQ) COO Sells 15,000 Shares

Ambiq Micro, Inc. (NYSE:AMBQGet Free Report) COO Sean Chen sold 15,000 shares of Ambiq Micro stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $60.14, for a total transaction of $902,100.00. Following the completion of the sale, the chief operating officer directly owned 120,275 shares of the company’s stock, valued at approximately $7,233,338.50. This trade represents a 11.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sean Chihhsiang Chen also recently made the following trade(s):

  • On Friday, September 4th, Sean Chen sold 15,000 shares of Ambiq Micro stock. The shares were sold at an average price of $57.17, for a total value of $857,550.00.

Ambiq Micro Trading Up 1.9%

AMBQ stock traded up $1.11 during midday trading on Tuesday, reaching $60.72. 358,288 shares of the company’s stock traded hands, compared to its average volume of 501,346. 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 $1.47 billion, a P/E ratio of -28.64 and a beta of 5.58. The stock’s 50-day moving average is $66.27 and its 200 day moving average is $57.28.

Ambiq Micro (NYSE:AMBQGet Free Report) last released its 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. As a group, research analysts expect that Ambiq Micro, Inc. will post -1.16 EPS for the current fiscal year.

Institutional Trading of Ambiq Micro

Institutional investors have recently added to or reduced their stakes in the company. Engineers Gate Manager LP purchased a new position in Ambiq Micro during the 2nd quarter valued at $525,000. Squarepoint Ops LLC grew its position in 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 acquiring an additional 54,240 shares during the last quarter. Spark Investment Management LLC purchased a new stake in Ambiq Micro in the second quarter worth $777,000. Azimuth Capital Investment Management LLC purchased a new stake in Ambiq Micro in the second quarter worth $234,000. Finally, AXQ Capital LP bought a new stake in shares of Ambiq Micro during the second quarter worth $539,000.

Wall Street Analyst Weigh In

AMBQ has been the topic of several recent research reports. Needham & Company LLC upped their price objective on 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 report on Wednesday, August 12th. Northland Securities set a $81.00 price target on shares of Ambiq Micro in a research report on Wednesday, August 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ambiq Micro in a research note on Monday, June 29th. Finally, Citigroup reiterated a “neutral” rating on shares of Ambiq Micro in a research report on Tuesday, August 11th. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $82.20.

Read Our Latest Stock Report on Ambiq Micro

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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Insider Buying and Selling by Quarter for Ambiq Micro (NYSE:AMBQ)

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