Ambiq Micro (NYSE:AMBQ) CEO Sells $869,265.00 in Stock

Ambiq Micro, Inc. (NYSE:AMBQGet Free Report) CEO Fumihide Esaka sold 13,500 shares of the business’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $64.39, for a total value of $869,265.00. Following the completion of the transaction, the chief executive officer owned 451,189 shares in the company, valued at $29,052,059.71. This trade represents a 2.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ambiq Micro Stock Down 2.9%

AMBQ opened at $57.48 on Friday. Ambiq Micro, Inc. has a 52 week low of $22.12 and a 52 week high of $91.61. The business has a 50 day moving average price of $74.94 and a two-hundred day moving average price of $53.78. The company has a market cap of $1.39 billion and a PE ratio of -27.11.

Ambiq Micro (NYSE:AMBQGet Free Report) last announced its earnings results on Tuesday, August 11th. The company reported ($0.07) earnings per share for the quarter. The company had revenue of $33.90 million during the quarter. Ambiq Micro had a negative net margin of 37.77% and a negative return on equity of 11.85%. Ambiq Micro has set its Q3 2026 guidance at -0.200–0.120 EPS. As a group, sell-side analysts expect that Ambiq Micro, Inc. will post -1.69 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Needham & Company LLC boosted their price target on shares of Ambiq Micro from $70.00 to $85.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Northland Securities set a $81.00 price objective on shares of Ambiq Micro in a research report on Wednesday, August 12th. UBS Group set a $85.00 price objective on Ambiq Micro in a report on Wednesday, August 12th. Zacks Research raised Ambiq Micro from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Ambiq Micro in a report on Monday, June 29th. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Ambiq Micro presently has an average rating of “Hold” and a consensus price target of $76.00.

Check Out Our Latest Report on AMBQ

Hedge Funds Weigh In On Ambiq Micro

A number of large investors have recently made changes to their positions in the stock. Wellington Management Group LLP acquired a new stake in shares of Ambiq Micro in the second quarter valued at about $14,847,000. Bank of America Corp DE grew its position in Ambiq Micro by 632.3% during the first quarter. Bank of America Corp DE now owns 48,033 shares of the company’s stock worth $1,221,000 after buying an additional 41,474 shares during the period. Atreides Management LP increased its holdings in Ambiq Micro by 23.8% in the first quarter. Atreides Management LP now owns 862,175 shares of the company’s stock valued at $21,908,000 after buying an additional 165,755 shares in the last quarter. California State Teachers Retirement System increased its holdings in Ambiq Micro by 244.6% in the first 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 in the last quarter. Finally, Readystate Asset Management LP lifted its position in shares of Ambiq Micro by 152.6% during the 1st quarter. Readystate Asset Management LP now owns 41,917 shares of the company’s stock valued at $1,065,000 after acquiring an additional 25,321 shares during the period.

Ambiq Micro Company Profile

(Get Free Report)

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.

Recommended Stories

Insider Buying and Selling by Quarter for Ambiq Micro (NYSE:AMBQ)

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.