Ambiq Micro (NYSE:AMBQ) CTO Scott Mclean Hanson Sells 7,000 Shares of Stock

Ambiq Micro, Inc. (NYSE:AMBQ) CTO Scott Hanson sold 7,000 shares of Ambiq Micro stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $51.00, for a total transaction of $357,000.00. Following the transaction, the chief technology officer directly owned 212,546 shares in the company, valued at approximately $10,839,846. This represents a 3.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, October 2nd, Scott Hanson sold 8,680 shares of Ambiq Micro stock. The stock was sold at an average price of $69.60, for a total value of $604,128.00.
• 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 value of $1,644,500.00.
• On Friday, August 14th, Scott Hanson sold 7,000 shares of Ambiq Micro stock. The shares were sold at an average price of $64.38, for a total value of $450,660.00.

Ambiq Micro Trading Down 4.3%

Shares of AMBQ traded down $2.27 on Friday, reaching $49.81. 556,026 shares of the company’s stock traded hands, compared to its average volume of 596,221. The stock has a market cap of $1.20 billion, a PE ratio of -23.50 and a beta of 5.34. The stock’s 50 day simple moving average is $61.70 and its two-hundred day simple moving average is $62.97. Ambiq Micro, Inc. has a 52-week low of $22.12 and a 52-week high of $91.61.

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

Institutional Investors Weigh In On Ambiq Micro

Large investors have recently modified their holdings of the stock. Atreides Management LP raised its holdings in shares of 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. Wellington Management Group LLP purchased a new position in Ambiq Micro in the second quarter valued at approximately $14,847,000. Wasatch Advisors LP grew its holdings in Ambiq Micro by 16.9% during the first quarter. Wasatch Advisors LP now owns 254,303 shares of the company’s stock valued at $6,462,000 after purchasing an additional 36,791 shares during the period. Squarepoint Ops LLC grew its holdings in Ambiq Micro by 603.5% during the second 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. Finally, Polar Asset Management Partners Inc. grew its holdings in Ambiq Micro by 671.8% during the first quarter. Polar Asset Management Partners Inc. now owns 201,335 shares of the company’s stock valued at $5,116,000 after purchasing an additional 175,247 shares during the period.

Analyst Upgrades and Downgrades

AMBQ has been the subject of several research analyst reports. Jefferies Financial Group began coverage on Ambiq Micro in a research report on Wednesday, October 7th. They set a “buy” rating and a $90.00 target price for the company. Roth Capital started coverage on Ambiq Micro in a research note on Monday, July 13th. They set a “buy” rating and a $125.00 target price on the stock. Northland Securities set a $81.00 price target on shares of Ambiq Micro in a report on Wednesday, August 12th. Stifel Nicolaus increased their price target on shares of Ambiq Micro from $75.00 to $85.00 and gave the company a “buy” rating in a research report on Monday, October 5th. Finally, UBS Group set a $85.00 price target on shares of Ambiq Micro in a research report on Wednesday, August 12th. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $83.71.

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.