Ambiq Micro (NYSE:AMBQ – Free Report) had its price target lowered by Jefferies Financial Group from $90.00 to $70.00 in a report published on Wednesday,Benzinga reports. The firm currently has a buy rating on the stock.
A number of other analysts have also recently commented on the stock. Northland Securities set a $81.00 price target on shares of Ambiq Micro in a research note on Wednesday, August 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ambiq Micro in a research note on Friday, September 25th. Needham & Company LLC lowered their target price on shares of Ambiq Micro from $85.00 to $65.00 and set a “buy” rating on the stock in a report on Wednesday. Stifel Nicolaus cut their price target on Ambiq Micro from $85.00 to $70.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Citigroup reiterated a “neutral” rating on shares of Ambiq Micro in a research report on Tuesday, August 11th. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Ambiq Micro has a consensus rating of “Hold” and an average price target of $71.14.
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Ambiq Micro Stock Performance
Shares of AMBQ stock opened at $47.43 on Wednesday. The company has a 50 day moving average of $56.62 and a 200-day moving average of $54.15. Ambiq Micro has a 12-month low of $22.12 and a 12-month high of $91.61.
Ambiq Micro (NYSE:AMBQ – Get Free Report) last issued its quarterly earnings results on Tuesday, November 10th. The company reported ($0.05) EPS for the quarter, beating analysts’ consensus estimates of ($0.32) by $0.27. Ambiq Micro had a negative return on equity of 9.27% and a negative net margin of 29.72%. The firm had revenue of $38.14 million for the quarter. Ambiq Micro has set its Q4 2026 guidance at -0.090–0.030 EPS. On average, sell-side analysts forecast that Ambiq Micro will post -1.16 EPS for the current year.
Insiders Place Their Bets
In other Ambiq Micro news, COO Sean Chen sold 15,000 shares of the firm’s stock in a transaction 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 transaction, the chief operating officer 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Scott Hanson sold 27,500 shares of Ambiq Micro stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $59.80, for a total transaction of $1,644,500.00. Following the transaction, the chief technology officer directly owned 221,226 shares of the company’s stock, valued at approximately $13,229,314.80. This trade represents a 11.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 311,387 shares of company stock worth $18,676,029. 10.00% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Voya Investment Management LLC boosted its holdings in shares of Ambiq Micro by 8.6% during the 3rd quarter. Voya Investment Management LLC now owns 3,897 shares of the company’s stock valued at $266,000 after acquiring an additional 307 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Ambiq Micro during the third quarter valued at approximately $32,000. SBI Securities Co. Ltd. lifted its position in Ambiq Micro by 27.0% during the third quarter. SBI Securities Co. Ltd. now owns 2,654 shares of the company’s stock valued at $181,000 after purchasing an additional 564 shares during the period. Sterling Capital Management LLC lifted its position in Ambiq Micro by 953.8% during the third quarter. Sterling Capital Management LLC now owns 685 shares of the company’s stock valued at $47,000 after purchasing an additional 620 shares during the period. Finally, California State Teachers Retirement System lifted its position in Ambiq Micro by 244.6% during the first quarter. California State Teachers Retirement System now owns 989 shares of the company’s stock valued at $25,000 after purchasing an additional 702 shares during the period.
About Ambiq Micro
Ambiq Micro is a semiconductor company that develops ultra-low-power systems-on-chip and related technology for battery-powered devices. Its products are designed to help devices process data while using less energy, supporting applications that require extended battery life. The company’s offerings include Apollo microcontroller and system-on-chip products, along with software and development tools. Ambiq’s Subthreshold Power Optimized Technology (SPOT) is designed to reduce power consumption, including in devices that run artificial intelligence workloads at the edge.
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