Ambiq Micro (NYSE:AMBQ) Stock Price Up 6% – Still a Buy?

Shares of Ambiq Micro, Inc. (NYSE:AMBQ) shot up 6% during trading on Wednesday. The company traded as high as $68.72 and last traded at $68.6850. 166,341 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 510,083 shares. The stock had previously closed at $64.81.

Analysts Set New Price Targets

A number of analysts recently weighed in on AMBQ shares. Needham & Company LLC upped their target price on shares of Ambiq Micro from $70.00 to $85.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ambiq Micro in a report on Friday, September 25th. Citigroup reissued a “neutral” rating on shares of Ambiq Micro in a research note on Tuesday, August 11th. Roth Capital began coverage on Ambiq Micro in a research report on Monday, July 13th. They set a “buy” rating and a $125.00 price target for the company. Finally, UBS Group set a $85.00 target price on Ambiq Micro in a research note on Wednesday, August 12th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $82.20.

Ambiq Micro Stock Up 1.6%

The company’s fifty day simple moving average is $63.08 and its 200 day simple moving average is $60.67. The firm has a market capitalization of $1.67 billion, a PE ratio of -32.67 and a beta of 5.32.

Ambiq Micro (NYSE:AMBQ) last posted its earnings results on Tuesday, August 11th. The company reported ($0.07) earnings per share for the quarter. Ambiq Micro had a negative return on equity of 11.85% and a negative net margin of 37.77%.The firm had revenue of $33.90 million for the quarter. Ambiq Micro has set its Q3 2026 guidance at -0.200–0.120 EPS. Equities research analysts forecast that Ambiq Micro, Inc. will post -1.16 EPS for the current year.

Insider Buying and Selling

In other Ambiq Micro news, CEO Fumihide Esaka sold 50,000 shares of Ambiq Micro stock in a transaction on Friday, September 11th. The stock was sold at an average price of $63.36, for a total transaction of $3,168,000.00. Following the completion of the transaction, the chief executive officer owned 460,460 shares in the company, valued at approximately $29,174,745.60. The trade was a 9.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ker Zhang sold 10,000 shares of Ambiq Micro stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $63.44, for a total value of $634,400.00. Following the completion of the transaction, the director directly owned 20,366 shares of the company’s stock, valued at approximately $1,292,019.04. This represents a 32.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 260,185 shares of company stock worth $15,523,333 in the last 90 days. Corporate insiders own 10.00% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AMBQ. Renaissance Technologies LLC bought a new position in Ambiq Micro in the first quarter valued at about $1,082,000. Bank of New York Mellon Corp increased its stake in shares of Ambiq Micro by 288.5% in the first quarter. Bank of New York Mellon Corp now owns 42,030 shares of the company’s stock worth $1,068,000 after purchasing an additional 31,212 shares in the last quarter. Squarepoint Ops LLC raised its position in shares of Ambiq Micro by 603.5% during the 2nd quarter. Squarepoint Ops LLC now owns 63,228 shares of the company’s stock valued at $5,583,000 after purchasing an additional 54,240 shares during the period. Wellington Management Group LLP bought a new stake in shares of Ambiq Micro during the 2nd quarter valued at $14,847,000. Finally, Monashee Investment Management LLC raised its holdings in Ambiq Micro by 21.9% during the first quarter. Monashee Investment Management LLC now owns 103,756 shares of the company’s stock valued at $2,636,000 after acquiring an additional 18,667 shares during the period.

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.