Ambiq Micro (NYSE:AMBQ) CTO Scott Mclean Hanson Sells 27,500 Shares of Stock

Ambiq Micro, Inc. (NYSE:AMBQ) CTO Scott Mclean Hanson sold 27,500 shares of Ambiq Micro stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $59.80, for a total value of $1,644,500.00. Following the transaction, the chief technology officer owned 221,226 shares in the company, valued at approximately $13,229,314.80. This represents a 11.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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

• On Friday, August 14th, Scott Mclean 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 Price Performance

Shares of Ambiq Micro stock opened at $57.28 on Friday. The company has a market capitalization of $1.39 billion and a P/E ratio of -27.02. The business has a 50-day moving average of $71.72 and a two-hundred day moving average of $54.83. Ambiq Micro, Inc. has a 1 year low of $22.12 and a 1 year high of $91.61.

Ambiq Micro (NYSE:AMBQ) last released its quarterly earnings data on Tuesday, August 11th. The company reported ($0.07) earnings per share 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 for the quarter. Ambiq Micro has set its Q3 2026 guidance at -0.200–0.120 EPS. On average, equities analysts anticipate that Ambiq Micro, Inc. will post -1.16 EPS for the current fiscal year.

Wall Street Analyst Weigh In

AMBQ has been the subject of several research analyst reports. Northland Securities set a $81.00 price target on shares of Ambiq Micro in a report on Wednesday, August 12th. Needham & Company LLC raised their price objective on shares of Ambiq Micro from $70.00 to $85.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. Roth Capital initiated coverage on shares of Ambiq Micro in a research report on Monday, July 13th. They issued a “buy” rating and a $125.00 price objective on the stock. Citigroup reaffirmed a “neutral” rating on shares of Ambiq Micro in a research note on Tuesday, August 11th. Finally, Zacks Research upgraded Ambiq Micro from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. Three 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’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $82.20.

Institutional Trading of Ambiq Micro

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Atreides Management LP boosted its holdings in Ambiq Micro by 23.8% during the first 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 last quarter. Alliancebernstein L.P. bought a new position in shares of Ambiq Micro in the 3rd quarter valued at about $13,050,000. Franklin Resources Inc. increased its position in shares of Ambiq Micro by 2,474.3% in the fourth quarter. Franklin Resources Inc. now owns 307,887 shares of the company’s stock valued at $8,775,000 after acquiring an additional 295,927 shares during the last quarter. Vanguard Group Inc. bought a new stake in Ambiq Micro during the third quarter worth about $9,210,000. Finally, Schonfeld Strategic Advisors LLC acquired a new position in Ambiq Micro during the third quarter valued at approximately $8,201,000.

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.