Ambiq Micro (NYSE:AMBQ) CTO Scott Mclean Hanson Sells 8,680 Shares of Company Stock

Ambiq Micro, Inc. (NYSE:AMBQ) CTO Scott Hanson sold 8,680 shares of Ambiq Micro stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $69.60, for a total transaction of $604,128.00. Following the completion of the transaction, the chief technology officer directly owned 212,546 shares in the company, valued at $14,793,201.60. The trade was a 3.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Scott Mclean Hanson also recently made the following trade(s):

• On Thursday, August 27th, Scott Hanson sold 27,500 shares of Ambiq Micro stock. The shares were sold at an average price of $59.80, for a total transaction of $1,644,500.00.
• On Friday, August 14th, Scott Hanson sold 7,000 shares of Ambiq Micro stock. The stock was sold at an average price of $64.38, for a total transaction of $450,660.00.

Ambiq Micro Stock Performance

Ambiq Micro stock traded down $2.75 during midday trading on Tuesday, hitting $63.17. 563,687 shares of the company’s stock were exchanged, compared to its average volume of 512,488. The stock has a market cap of $1.53 billion, a price-to-earnings ratio of -29.80 and a beta of 5.34. Ambiq Micro, Inc. has a 12-month low of $22.12 and a 12-month high of $91.61. The firm’s 50 day simple moving average is $62.99 and its 200 day simple moving average is $61.25.

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

Analyst Ratings Changes

Several analysts have commented on AMBQ shares. UBS Group set a $85.00 price objective on Ambiq Micro in a research note on Wednesday, August 12th. Northland Securities set a $81.00 target price on Ambiq Micro in a research note on Wednesday, August 12th. Roth Capital started coverage on Ambiq Micro in a report on Monday, July 13th. They issued a “buy” rating and a $125.00 target price on the stock. Needham & Company LLC upped their price target on Ambiq Micro from $70.00 to $85.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Finally, Stifel Nicolaus increased their price target on Ambiq Micro from $75.00 to $85.00 and gave the stock a “buy” rating in a report on Monday. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Ambiq Micro presently has an average rating of “Hold” and an average price target of $82.67.

Hedge Funds Weigh In On Ambiq Micro

Large investors have recently modified their holdings of the business. Polar Asset Management Partners Inc. boosted its stake in shares of Ambiq Micro by 671.8% in the first quarter. Polar Asset Management Partners Inc. now owns 201,335 shares of the company’s stock valued at $5,116,000 after buying an additional 175,247 shares in the last quarter. Wellington Management Group LLP purchased a new position in Ambiq Micro in the second quarter worth $14,847,000. Atreides Management LP raised its position in Ambiq Micro by 23.8% in the first quarter. Atreides Management LP now owns 862,175 shares of the company’s stock worth $21,908,000 after acquiring an additional 165,755 shares in the last quarter. Roubaix Capital LLC acquired a new stake in Ambiq Micro in the first quarter valued at $3,197,000. Finally, Lazard Asset Management LLC acquired a new stake in Ambiq Micro in the first quarter valued at $1,633,000.

Ambiq Micro Company Profile

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.