Bank of New York Mellon Corp Grows Stock Position in Ambiq Micro, Inc. $AMBQ

Key Points

• Bank of New York Mellon increased its Ambiq Micro position by 288.5% in the first quarter, holding 42,030 shares worth approximately $1.07 million. Other major investors, including Franklin Resources, Vanguard and AllianceBernstein, also established or expanded positions.
• Analyst sentiment remains mixed: four analysts rate the stock Buy, four Hold and one Sell. The consensus rating is Hold, with an average price target of $76; Needham recently raised its target to $85.
• Ambiq Micro reported a quarterly loss of $0.07 per share on $33.9 million in revenue and continues to post negative profitability metrics. The stock opened at $64.87, compared with a 52-week range of $22.12 to $91.61.

Bank of New York Mellon Corp lifted its position in Ambiq Micro, Inc. (NYSE:AMBQ - Free Report) by 288.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,030 shares of the company's stock after acquiring an additional 31,212 shares during the period. Bank of New York Mellon Corp owned 0.20% of Ambiq Micro worth $1,068,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Atreides Management LP lifted its holdings in 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 purchasing an additional 12,113 shares in the last quarter. Alliancebernstein L.P. purchased a new position in shares of Ambiq Micro in the third quarter worth about $13,050,000. Franklin Resources Inc. boosted its position in Ambiq Micro by 2,474.3% during the fourth quarter. Franklin Resources Inc. now owns 307,887 shares of the company's stock worth $8,775,000 after acquiring an additional 295,927 shares during the last quarter. Vanguard Group Inc. purchased a new stake in Ambiq Micro during the 3rd quarter valued at about $9,210,000. Finally, Schonfeld Strategic Advisors LLC purchased a new stake in Ambiq Micro during the 3rd quarter valued at about $8,201,000.

Insider Activity

In related news, Director Timothy Chen sold 70,592 shares of the firm's stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $79.79, for a total transaction of $5,632,535.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 10.00% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on AMBQ. Needham & Company LLC raised their target price on shares of Ambiq Micro from $70.00 to $85.00 and gave the stock a "buy" rating in a research note on Wednesday. Zacks Research upgraded Ambiq Micro from a "strong sell" rating to a "hold" rating in a research report on Monday, May 4th. UBS Group set a $85.00 price target on Ambiq Micro in a report on Wednesday. Citigroup reiterated a "neutral" rating on shares of Ambiq Micro in a research report on Tuesday. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of Ambiq Micro in a research note on Monday, June 29th. Four research analysts have rated the stock with a Buy rating, four 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 currently has an average rating of "Hold" and an average target price of $76.00.

Ambiq Micro Stock Performance

AMBQ opened at $64.87 on Friday. Ambiq Micro, Inc. has a one year low of $22.12 and a one year high of $91.61. The stock has a market capitalization of $1.57 billion and a PE ratio of -30.60. The business's 50 day moving average price is $76.49 and its 200 day moving average price is $52.71.

Ambiq Micro (NYSE:AMBQ - Get Free Report) last posted its earnings results on Tuesday, August 11th. The company reported ($0.07) earnings per share (EPS) for the quarter. Ambiq Micro had a negative return on equity of 15.22% and a negative net margin of 37.77%.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. As a group, equities research analysts forecast that Ambiq Micro, Inc. will post -1.69 earnings per share for the current fiscal year.

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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