Timothy Chen Sells 70,592 Shares of Ambiq Micro (NYSE:AMBQ) Stock

Ambiq Micro, Inc. (NYSE:AMBQGet Free Report) Director Timothy Chen sold 70,592 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $79.79, for a total value of $5,632,535.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Ambiq Micro Stock Down 3.9%

Shares of AMBQ opened at $79.70 on Friday. Ambiq Micro, Inc. has a 52-week low of $22.12 and a 52-week high of $85.72. The company has a market capitalization of $1.70 billion and a PE ratio of -3.85. The stock has a fifty day simple moving average of $44.03 and a two-hundred day simple moving average of $34.46.

Ambiq Micro (NYSE:AMBQGet Free Report) last issued its earnings results on Thursday, March 5th. The company reported ($0.49) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.61) by $0.12. The business had revenue of $20.74 million during the quarter, compared to the consensus estimate of $19.00 million. Ambiq Micro had a negative return on equity of 45.10% and a negative net margin of 46.86%.Ambiq Micro has set its Q1 2026 guidance at -0.390–0.330 EPS. As a group, equities analysts anticipate that Ambiq Micro, Inc. will post -1.69 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on AMBQ. Needham & Company LLC raised their price objective on Ambiq Micro from $48.00 to $70.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Wall Street Zen upgraded Ambiq Micro from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Bank of America restated a “neutral” rating and set a $35.00 target price on shares of Ambiq Micro in a report on Thursday, March 5th. Northland Securities initiated coverage on Ambiq Micro in a report on Tuesday, April 21st. They set an “outperform” rating and a $44.00 target price for the company. Finally, Zacks Research upgraded Ambiq Micro from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $52.80.

Check Out Our Latest Research Report on Ambiq Micro

Hedge Funds Weigh In On Ambiq Micro

A number of hedge funds and other institutional investors have recently bought and sold shares of AMBQ. California State Teachers Retirement System boosted its holdings in Ambiq Micro by 244.6% during the 1st quarter. California State Teachers Retirement System now owns 989 shares of the company’s stock valued at $25,000 after acquiring an additional 702 shares during the period. BNP Paribas Financial Markets purchased a new position in shares of Ambiq Micro in the 3rd quarter valued at about $28,000. New York State Common Retirement Fund purchased a new position in shares of Ambiq Micro in the 4th quarter valued at about $48,000. JPMorgan Chase & Co. purchased a new position in shares of Ambiq Micro in the 3rd quarter valued at about $56,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Ambiq Micro in the 3rd quarter valued at about $65,000.

About Ambiq Micro

(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.

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

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