Ambiq Micro, Inc. (NYSE:AMBQ) Given Average Rating of “Hold” by Brokerages

Ambiq Micro, Inc. (NYSE:AMBQ) has received a consensus recommendation of “Hold” from the six research firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is $41.75.

Several analysts have recently issued reports on AMBQ shares. UBS Group reduced their price objective on Ambiq Micro from $40.00 to $32.00 and set a “neutral” rating on the stock in a research report on Monday, October 27th. Weiss Ratings assumed coverage on shares of Ambiq Micro in a report on Thursday, October 23rd. They issued a “sell (e-)” rating on the stock. Finally, Wall Street Zen cut shares of Ambiq Micro from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th.

Insider Activity at Ambiq Micro

In other Ambiq Micro news, Director Joseph A. Tautges sold 7,800 shares of the stock in a transaction on Monday, January 26th. The stock was sold at an average price of $31.00, for a total transaction of $241,800.00. Following the transaction, the director owned 48,746 shares of the company’s stock, valued at $1,511,126. This represents a 13.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CTO Scott Mclean Hanson sold 10,000 shares of the firm’s stock in a transaction on Monday, January 26th. The stock was sold at an average price of $31.00, for a total value of $310,000.00. Following the sale, the chief technology officer owned 122,818 shares in the company, valued at $3,807,358. This trade represents a 7.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure.

Institutional Trading of Ambiq Micro

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Tudor Investment Corp ET AL purchased a new stake in shares of Ambiq Micro during the 4th quarter worth about $769,000. Millennium Management LLC acquired a new stake in shares of Ambiq Micro in the fourth quarter worth $1,768,000. Inspire Investing LLC increased its position in shares of Ambiq Micro by 7.1% in the fourth quarter. Inspire Investing LLC now owns 16,141 shares of the company’s stock worth $460,000 after acquiring an additional 1,065 shares in the last quarter. Atreides Management LP raised its stake in shares of Ambiq Micro by 1.8% in the 4th quarter. Atreides Management LP now owns 696,420 shares of the company’s stock valued at $19,848,000 after acquiring an additional 12,113 shares during the period. Finally, Polar Asset Management Partners Inc. acquired a new position in shares of Ambiq Micro during the 4th quarter valued at $744,000.

Ambiq Micro Trading Up 0.2%

AMBQ stock opened at $29.69 on Thursday. The company has a 50 day moving average of $30.93. The stock has a market cap of $543.55 million and a price-to-earnings ratio of -1.50. Ambiq Micro has a 1 year low of $22.12 and a 1 year high of $51.76.

Ambiq Micro Company Profile

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.