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

Ambiq Micro, Inc. (NYSE:AMBQ) COO Sean Chen sold 15,000 shares of Ambiq Micro stock in a transaction dated Wednesday, October 14th. The shares were sold at an average price of $51.50, for a total transaction of $772,500.00. Following the sale, the chief operating officer owned 106,268 shares of the company’s stock, valued at approximately $5,472,802. This represents a 12.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, October 5th, Sean Chen sold 8,205 shares of Ambiq Micro stock. The shares were sold at an average price of $66.78, for a total transaction of $547,929.90.
• On Friday, October 2nd, Sean Chen sold 5,802 shares of Ambiq Micro stock. The shares were sold at an average price of $69.60, for a total transaction of $403,819.20.
• On Monday, September 14th, Sean Chen sold 15,000 shares of Ambiq Micro stock. The stock was sold at an average price of $60.14, for a total transaction of $902,100.00.
• On Friday, September 4th, Sean Chen sold 15,000 shares of Ambiq Micro stock. The stock was sold at an average price of $57.17, for a total transaction of $857,550.00.

Ambiq Micro Price Performance

Shares of NYSE:AMBQ traded down $2.27 during mid-day trading on Friday, reaching $49.81. 547,858 shares of the company were exchanged, compared to its average volume of 510,175. Ambiq Micro, Inc. has a 1 year low of $22.12 and a 1 year high of $91.61. The firm’s 50-day simple moving average is $62.06 and its 200 day simple moving average is $63.06. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of -23.50 and a beta of 5.34.

Ambiq Micro (NYSE:AMBQ) last announced its earnings results 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 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. On average, research analysts forecast that Ambiq Micro, Inc. will post -1.16 earnings per share for the current fiscal year.

Institutional Trading of Ambiq Micro

A number of large investors have recently made changes to their positions in AMBQ. Polar Asset Management Partners Inc. raised its holdings 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 acquiring an additional 175,247 shares in the last quarter. Wellington Management Group LLP acquired a new position in Ambiq Micro during the 2nd quarter worth approximately $14,847,000. Atreides Management LP grew its holdings in Ambiq Micro by 23.8% during the 1st quarter. Atreides Management LP now owns 862,175 shares of the company’s stock worth $21,908,000 after acquiring an additional 165,755 shares in the last quarter. Roubaix Capital LLC acquired a new position in Ambiq Micro during the 1st quarter worth approximately $3,197,000. Finally, Lazard Asset Management LLC purchased a new stake in shares of Ambiq Micro in the 1st quarter valued at approximately $1,633,000.

Analysts Set New Price Targets

A number of research analysts recently weighed in on AMBQ shares. UBS Group set a $85.00 price objective on shares of Ambiq Micro in a report on Wednesday, August 12th. Jefferies Financial Group began coverage on shares of Ambiq Micro in a research report on Wednesday, October 7th. They issued a “buy” rating and a $90.00 price target for the company. 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 research report on Wednesday, August 12th. Northland Securities set a $81.00 target price on Ambiq Micro in a research note on Wednesday, August 12th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Ambiq Micro in a research note on Friday, September 25th. Five equities research 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’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $83.71.

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.