Ambiq Micro (NYSE:AMBQ) COO Sells 5,802 Shares of Stock

Ambiq Micro, Inc. (NYSE:AMBQ) COO Sean Chen sold 5,802 shares of the company’s stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $69.60, for a total value of $403,819.20. Following the sale, the chief operating officer owned 114,473 shares of the company’s stock, valued at approximately $7,967,320.80. This represents a 4.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sean Chihhsiang Chen also recently made the following trade(s):

• On Monday, October 5th, Sean Chen sold 8,205 shares of Ambiq Micro stock. The shares were sold at an average price of $66.78, for a total value of $547,929.90.
• On Monday, September 14th, Sean Chen sold 15,000 shares of Ambiq Micro stock. The stock was sold at an average price of $60.14, for a total value of $902,100.00.
• 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 value of $857,550.00.

Ambiq Micro Stock Down 4.2%

Shares of AMBQ stock traded down $2.75 on Tuesday, reaching $63.17. The company had a trading volume of 563,687 shares, compared to its average volume of 512,488. The business’s 50-day moving average is $62.99 and its 200 day moving average is $61.25. Ambiq Micro, Inc. has a one year low of $22.12 and a one year high of $91.61. The stock has a market capitalization of $1.53 billion, a PE ratio of -29.80 and a beta of 5.34.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of AMBQ. Engineers Gate Manager LP acquired a new stake in shares of Ambiq Micro in the second quarter valued at about $525,000. Squarepoint Ops LLC lifted its stake in shares of Ambiq Micro by 603.5% in the second quarter. Squarepoint Ops LLC now owns 63,228 shares of the company’s stock worth $5,583,000 after acquiring an additional 54,240 shares during the period. Spark Investment Management LLC bought a new stake in Ambiq Micro in the second quarter valued at approximately $777,000. Azimuth Capital Investment Management LLC acquired a new stake in Ambiq Micro during the 2nd quarter valued at approximately $234,000. Finally, AXQ Capital LP acquired a new stake in Ambiq Micro during the 2nd quarter valued at approximately $539,000.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on AMBQ. Citigroup restated a “neutral” rating on shares of Ambiq Micro in a research report on Tuesday, August 11th. Roth Capital initiated coverage on Ambiq Micro in a report on Monday, July 13th. They set a “buy” rating and a $125.00 price target on the stock. Stifel Nicolaus upped their price objective on Ambiq Micro from $75.00 to $85.00 and gave the company a “buy” rating in a research note on Monday. UBS Group set a $85.00 target price on shares of Ambiq Micro in a research report on Wednesday, August 12th. Finally, Northland Securities set a $81.00 price target on shares of Ambiq Micro in a research report on Wednesday, August 12th. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $82.67.

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.