Ambiq Micro (NYSE:AMBQ) Shares Up 4.9% – Still a Buy?

Ambiq Micro, Inc. (NYSE:AMBQ) shot up 4.9% on Wednesday . The company traded as high as $62.50 and last traded at $62.5470. Approximately 126,729 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 498,993 shares. The stock had previously closed at $59.62.

Wall Street Analyst Weigh In

AMBQ has been the subject of a number of recent research reports. Needham & Company LLC lifted their price objective on Ambiq Micro from $70.00 to $85.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Weiss Ratings restated a “sell (d-)” rating on shares of Ambiq Micro in a research report on Monday, June 29th. Citigroup reaffirmed a “neutral” rating on shares of Ambiq Micro in a research note on Tuesday, August 11th. Northland Securities set a $81.00 price target on Ambiq Micro in a report on Wednesday, August 12th. Finally, Roth Capital began coverage on Ambiq Micro in a research note on Monday, July 13th. They set a “buy” rating and a $125.00 price target on the stock. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $82.20.

Ambiq Micro Stock Performance

The firm has a fifty day moving average of $67.15 and a 200-day moving average of $56.84. The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of -28.66 and a beta of 5.58.

Ambiq Micro (NYSE:AMBQ) last issued its quarterly earnings data 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 firm 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, analysts predict that Ambiq Micro, Inc. will post -1.16 EPS for the current year.

Insider Activity

In other news, CTO Scott Hanson sold 27,500 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $59.80, for a total transaction of $1,644,500.00. Following the completion of the sale, the chief technology officer owned 221,226 shares of the company’s stock, valued at approximately $13,229,314.80. This trade represents a 11.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Sean Chen sold 15,000 shares of the company’s stock in a transaction on Friday, September 4th. The shares were sold at an average price of $57.17, for a total transaction of $857,550.00. Following the completion of the sale, the chief operating officer directly owned 120,275 shares in the company, valued at $6,876,121.75. This represents a 11.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 171,685 shares of company stock worth $10,005,053. 10.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Ambiq Micro

Several large investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System boosted its holdings in shares of Ambiq Micro by 244.6% in the 1st quarter. California State Teachers Retirement System now owns 989 shares of the company’s stock valued at $25,000 after buying an additional 702 shares during the period. BNP Paribas Financial Markets bought a new position in Ambiq Micro during the 3rd quarter worth $28,000. New York State Common Retirement Fund acquired a new position in shares of Ambiq Micro during the fourth quarter valued at $48,000. JPMorgan Chase & Co. bought a new stake in Ambiq Micro in the 3rd quarter valued at about $56,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Ambiq Micro in the third quarter valued at approximately $65,000.

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.