Insider Selling: Ambiq Micro (NYSE:AMBQ) COO Sells $902,100.00 in Stock

Ambiq Micro, Inc. (NYSE:AMBQ) COO Sean Chen sold 15,000 shares of Ambiq Micro stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $60.14, for a total value of $902,100.00. Following the completion of the sale, the chief operating officer owned 120,275 shares of the company’s stock, valued at $7,233,338.50. The trade was a 11.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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 stock was sold at an average price of $57.17, for a total transaction of $857,550.00.

Ambiq Micro Stock Performance

NYSE AMBQ opened at $62.48 on Friday. Ambiq Micro, Inc. has a one year low of $22.12 and a one year high of $91.61. The company has a market capitalization of $1.51 billion, a price-to-earnings ratio of -29.47 and a beta of 5.58. The company’s 50-day simple moving average is $65.05 and its two-hundred day simple moving average is $57.89.

Ambiq Micro (NYSE:AMBQ) last announced its quarterly earnings results on Tuesday, August 11th. The company reported ($0.07) earnings per share for the quarter. The business 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. Equities analysts expect that Ambiq Micro, Inc. will post -1.16 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Ambiq Micro

Several hedge funds have recently modified their holdings of the stock. Renaissance Technologies LLC purchased a new position in shares of Ambiq Micro in the first quarter worth $1,082,000. Bank of New York Mellon Corp raised its stake in Ambiq Micro by 288.5% in the 1st quarter. Bank of New York Mellon Corp now owns 42,030 shares of the company’s stock worth $1,068,000 after acquiring an additional 31,212 shares during the last quarter. Monashee Investment Management LLC lifted its position in Ambiq Micro by 21.9% during the 1st quarter. Monashee Investment Management LLC now owns 103,756 shares of the company’s stock worth $2,636,000 after acquiring an additional 18,667 shares during the period. Readystate Asset Management LP grew its stake in Ambiq Micro by 152.6% during the 1st quarter. Readystate Asset Management LP now owns 41,917 shares of the company’s stock valued at $1,065,000 after purchasing an additional 25,321 shares during the last quarter. Finally, Polar Asset Management Partners Inc. raised its stake in shares of Ambiq Micro by 671.8% in the first quarter. Polar Asset Management Partners Inc. now owns 201,335 shares of the company’s stock worth $5,116,000 after purchasing an additional 175,247 shares during the last quarter.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on 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 note on Wednesday, August 12th. Northland Securities set a $81.00 target price on shares of Ambiq Micro in a report on Wednesday, August 12th. Citigroup reissued a “neutral” rating on shares of Ambiq Micro in a research report on Tuesday, August 11th. Roth Capital began coverage on shares of Ambiq Micro in a report on Monday, July 13th. They issued a “buy” rating and a $125.00 price target on the stock. Finally, UBS Group set a $85.00 price objective on shares of Ambiq Micro in a research report on Wednesday, August 12th. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $82.20.

About Ambiq Micro

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.