Insider Selling: Ambiq Micro (NYSE:AMBQ) Director Sells 70,592 Shares of Stock

Ambiq Micro, Inc. (NYSE:AMBQGet Free Report) Director Timothy Chen sold 70,592 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $79.79, for a total value of $5,632,535.68. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Ambiq Micro Stock Down 3.9%

Ambiq Micro stock traded down $3.27 during trading hours on Friday, hitting $79.70. 530,732 shares of the stock traded hands, compared to its average volume of 903,540. Ambiq Micro, Inc. has a 1 year low of $22.12 and a 1 year high of $85.72. The firm’s 50 day moving average price is $44.03 and its 200-day moving average price is $34.46.

Ambiq Micro (NYSE:AMBQGet Free Report) last issued its earnings results on Thursday, March 5th. The company reported ($0.49) EPS for the quarter, topping analysts’ consensus estimates of ($0.61) by $0.12. Ambiq Micro had a negative return on equity of 45.10% and a negative net margin of 46.86%.The firm had revenue of $20.74 million for the quarter, compared to the consensus estimate of $19.00 million. Ambiq Micro has set its Q1 2026 guidance at -0.390–0.330 EPS. Equities analysts anticipate that Ambiq Micro, Inc. will post -2.34 EPS for the current year.

Hedge Funds Weigh In On Ambiq Micro

A number of large investors have recently bought and sold shares of the business. Bank of America Corp DE raised its holdings in Ambiq Micro by 632.3% in the 1st quarter. Bank of America Corp DE now owns 48,033 shares of the company’s stock worth $1,221,000 after purchasing an additional 41,474 shares during the period. Atreides Management LP raised its holdings in Ambiq Micro by 23.8% in the 1st quarter. Atreides Management LP now owns 862,175 shares of the company’s stock worth $21,908,000 after purchasing an additional 165,755 shares during the period. California State Teachers Retirement System raised its holdings in shares of 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 acquiring an additional 702 shares during the last quarter. Readystate Asset Management LP raised its holdings in shares of Ambiq Micro by 152.6% during the first quarter. Readystate Asset Management LP now owns 41,917 shares of the company’s stock valued at $1,065,000 after acquiring an additional 25,321 shares during the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of Ambiq Micro by 1,332.1% during the first quarter. Royal Bank of Canada now owns 11,600 shares of the company’s stock valued at $295,000 after acquiring an additional 10,790 shares during the last quarter.

Analysts Set New Price Targets

A number of analysts have recently commented on AMBQ shares. Northland Securities started coverage on Ambiq Micro in a research note on Tuesday, April 21st. They issued an “outperform” rating and a $44.00 target price on the stock. Zacks Research raised Ambiq Micro from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. UBS Group upped their price target on Ambiq Micro from $43.00 to $70.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Wall Street Zen raised Ambiq Micro from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Finally, Needham & Company LLC upped their price target on Ambiq Micro from $48.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $52.80.

Check Out Our Latest Analysis on Ambiq Micro

Ambiq Micro Company Profile

(Get Free Report)

Ambiq Micro (NYSE: AMBQ) is a semiconductor company specializing in the design and development of ultra-low-power microcontroller units (MCUs) and application-specific integrated circuits (ASICs). The company’s core technology leverages sub-threshold voltage operation to dramatically reduce energy consumption, enabling extended battery life in a broad range of portable and always-on devices. Ambiq’s products are particularly well suited for applications where power efficiency is critical, such as wearable electronics, IoT sensors, medical monitoring equipment, and industrial automation systems.

The company’s flagship product family, the Apollo series of MCUs, offers multi-core architectures, integrated wireless connectivity options, and advanced security features.

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