Ambiq Micro, Inc. (NYSE:AMBQ – Get Free Report) CEO Fumihide Esaka sold 11,027 shares of Ambiq Micro stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $56.69, for a total transaction of $625,120.63. Following the transaction, the chief executive officer directly owned 460,460 shares of the company’s stock, valued at $26,103,477.40. This represents a 2.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Fumihide Esaka also recently made the following trade(s):
- On Monday, August 31st, Fumihide Esaka sold 48,500 shares of Ambiq Micro stock. The shares were sold at an average price of $57.44, for a total transaction of $2,785,840.00.
- On Tuesday, September 1st, Fumihide Esaka sold 48,973 shares of Ambiq Micro stock. The shares were sold at an average price of $56.39, for a total transaction of $2,761,587.47.
- On Friday, August 14th, Fumihide Esaka sold 13,500 shares of Ambiq Micro stock. The stock was sold at an average price of $64.39, for a total value of $869,265.00.
Ambiq Micro Trading Up 2.4%
AMBQ stock opened at $57.28 on Thursday. The firm has a market cap of $1.39 billion, a PE ratio of -27.02 and a beta of 5.59. The stock has a 50-day moving average price of $70.19 and a 200-day moving average price of $55.59. Ambiq Micro, Inc. has a 1-year low of $22.12 and a 1-year high of $91.61.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ambiq Micro in a research note on Monday, June 29th. UBS Group set a $85.00 target price on shares of Ambiq Micro in a research note on Wednesday, August 12th. Citigroup restated a “neutral” rating on shares of Ambiq Micro in a report on Tuesday, August 11th. Roth Capital started coverage on shares of Ambiq Micro in a research note on Monday, July 13th. They issued a “buy” rating and a $125.00 price target for the company. Finally, Northland Securities set a $81.00 price objective on shares of Ambiq Micro in a report on Wednesday, August 12th. Three investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $82.20.
View Our Latest Stock Analysis on Ambiq Micro
Institutional Investors Weigh In On Ambiq Micro
A number of hedge funds have recently added to or reduced their stakes in the company. California State Teachers Retirement System increased its holdings in shares of Ambiq Micro by 2,167.7% during the second quarter. California State Teachers Retirement System now owns 22,428 shares of the company’s stock valued at $1,980,000 after acquiring an additional 21,439 shares in the last quarter. Azimuth Capital Investment Management LLC bought a new position in shares of Ambiq Micro in the 2nd quarter worth $234,000. AXQ Capital LP bought a new position in shares of Ambiq Micro in the 2nd quarter worth $539,000. Resolute Advisors LLC acquired a new stake in Ambiq Micro in the 2nd quarter valued at $265,000. Finally, Wellington Management Group LLP acquired a new stake in Ambiq Micro in the 2nd quarter valued at $14,847,000.
About Ambiq Micro
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.
Featured Stories
- Five stocks we like better than Ambiq Micro
- Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
- J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It
- Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real?
- GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test
Receive News & Ratings for Ambiq Micro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ambiq Micro and related companies with MarketBeat.com's FREE daily email newsletter.
