Monashee Investment Management LLC Invests $5.98 Million in Ambiq Micro, Inc. $AMBQ

Monashee Investment Management LLC bought a new position in shares of Ambiq Micro, Inc. (NYSE:AMBQ) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 200,000 shares of the company’s stock, valued at approximately $5,984,000. Ambiq Micro comprises approximately 3.0% of Monashee Investment Management LLC’s investment portfolio, making the stock its 10th biggest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. bought a new stake in Ambiq Micro during the 3rd quarter worth about $9,210,000. Readystate Asset Management LP acquired a new stake in shares of Ambiq Micro in the third quarter valued at about $643,000. Kornitzer Capital Management Inc. KS bought a new stake in Ambiq Micro during the third quarter worth about $509,000. Global Retirement Partners LLC acquired a new position in Ambiq Micro during the third quarter valued at approximately $359,000. Finally, Kingswood Wealth Advisors LLC bought a new position in Ambiq Micro in the third quarter valued at approximately $206,000.

Insider Buying and Selling

In other Ambiq Micro news, Director Joseph A. Tautges sold 7,800 shares of Ambiq Micro stock in a transaction on Monday, January 26th. The shares were sold at an average price of $31.00, for a total transaction of $241,800.00. Following the completion of the transaction, the director directly owned 48,746 shares of the company’s stock, valued at $1,511,126. The trade was a 13.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Scott Mclean Hanson sold 10,000 shares of the stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $31.00, for a total transaction of $310,000.00. Following the completion of the transaction, the chief technology officer directly owned 122,818 shares in the company, valued at $3,807,358. The trade was a 7.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Ambiq Micro from a “sell” rating to a “hold” rating in a research note on Sunday, February 22nd. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $41.75.

Ambiq Micro Stock Performance

Shares of NYSE:AMBQ opened at $30.59 on Friday. Ambiq Micro, Inc. has a 52-week low of $22.12 and a 52-week high of $51.76. The company has a market capitalization of $560.05 million and a P/E ratio of -1.55. The company has a 50-day simple moving average of $31.25 and a 200 day simple moving average of $31.16.

Ambiq Micro Company Profile

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.