Bank of America Corp DE Boosts Stake in Ambiq Micro, Inc. $AMBQ

Key Points

• Bank of America increased its Ambiq Micro stake by 632.3% in the first quarter, bringing its holdings to 48,033 shares valued at approximately $1.22 million. Several other institutional investors also significantly expanded their positions.
• Analyst views remain mixed, with three Buy, four Hold, and one Sell rating. The stock has a consensus rating of Hold and an average price target of $82.20, compared with a recent price of $57.66.
• Ambiq Micro reported a quarterly loss of $0.07 per share on $33.9 million in revenue and guided to a third-quarter loss of $0.20 to $0.12 per share. Company insiders sold 156,500 shares worth about $9.14 million during the last quarter.

Bank of America Corp DE raised its holdings in shares of Ambiq Micro, Inc. (NYSE:AMBQ - Free Report) by 632.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,033 shares of the company's stock after purchasing an additional 41,474 shares during the quarter. Bank of America Corp DE owned 0.22% of Ambiq Micro worth $1,221,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Atreides Management LP lifted its stake in Ambiq Micro by 23.8% in 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. California State Teachers Retirement System raised 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 purchasing an additional 702 shares in the last quarter. Readystate Asset Management LP boosted its position in Ambiq Micro by 152.6% during the first quarter. Readystate Asset Management LP now owns 41,917 shares of the company's stock valued at $1,065,000 after purchasing an additional 25,321 shares in the last quarter. Royal Bank of Canada grew its position in shares of Ambiq Micro by 1,332.1% in the 1st quarter. Royal Bank of Canada now owns 11,600 shares of the company's stock worth $295,000 after buying an additional 10,790 shares during the last quarter. Finally, Polar Asset Management Partners Inc. lifted its holdings in shares of Ambiq Micro by 671.8% during the 1st quarter. Polar Asset Management Partners Inc. now owns 201,335 shares of the company's stock valued at $5,116,000 after purchasing an additional 175,247 shares during the last quarter.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on AMBQ. Roth Capital started coverage on shares of Ambiq Micro in a report on Monday, July 13th. They set a "buy" rating and a $125.00 price objective on the stock. UBS Group set a $85.00 price target on Ambiq Micro in a research note on Wednesday, August 12th. Northland Securities set a $81.00 price objective on Ambiq Micro in a research note on Wednesday, August 12th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Ambiq Micro in a report on Monday, June 29th. Finally, Needham & Company LLC increased their price target 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. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Ambiq Micro presently has a consensus rating of "Hold" and an average target price of $82.20.

Ambiq Micro Trading Up 2.2%

Shares of NYSE AMBQ opened at $57.66 on Friday. Ambiq Micro, Inc. has a twelve month low of $22.12 and a twelve month high of $91.61. The stock has a market cap of $1.39 billion, a P/E ratio of -27.20 and a beta of 5.58. The stock has a 50 day moving average of $69.20 and a two-hundred day moving average of $55.79.

Ambiq Micro (NYSE:AMBQ - Get Free Report) last announced its earnings results on Tuesday, August 11th. The company reported ($0.07) EPS 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 during the quarter. Ambiq Micro has set its Q3 2026 guidance at -0.200--0.120 EPS. As a group, research analysts predict that Ambiq Micro, Inc. will post -1.16 earnings per share for the current year.

Insider Buying and Selling at Ambiq Micro

In other Ambiq Micro news, CEO Fumihide Esaka sold 48,973 shares of the business's stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $56.39, for a total transaction of $2,761,587.47. Following the sale, the chief executive officer directly owned 460,460 shares in the company, valued at approximately $25,965,339.40. The trade was a 9.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Scott Hanson sold 27,500 shares of the stock in a transaction dated 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 directly owned 221,226 shares in the company, valued at approximately $13,229,314.80. The trade was a 11.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 156,500 shares of company stock valued at $9,136,973 in the last quarter. 10.00% of the stock is currently owned by company insiders.

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.

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