Ambiq Micro (NYSE:AMBQ) COO Sean Chihhsiang Chen Sells 8,205 Shares of Stock

Key Points

• Ambiq Micro COO Sean Chen sold 8,205 shares for approximately $547,930 at an average price of $66.78, reducing his holdings by 7.17% to 106,268 shares. The sale occurred under a pre-arranged Rule 10b5-1 trading plan and followed three other stock sales since early September.
• Ambiq Micro shares fell 4.2% to $63.17, while the company continues to report losses, including quarterly EPS of negative $0.07 and a negative net margin of 37.77%.
• Analyst sentiment remains mixed: four analysts rate the stock Buy, four Hold and one Sell, producing an overall “Hold” consensus and an average price target of $82.67. Several firms recently raised targets to $85.

Ambiq Micro, Inc. (NYSE:AMBQ - Get Free Report) COO Sean Chen sold 8,205 shares of the stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $66.78, for a total transaction of $547,929.90. Following the transaction, the chief operating officer owned 106,268 shares of the company's stock, valued at $7,096,577.04. This represents a 7.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sean Chihhsiang Chen also recently made the following trade(s):

• On Friday, October 2nd, Sean Chen sold 5,802 shares of Ambiq Micro stock. The shares were sold at an average price of $69.60, for a total transaction of $403,819.20.
• On Monday, September 14th, Sean Chen sold 15,000 shares of Ambiq Micro stock. The shares were sold at an average price of $60.14, for a total transaction of $902,100.00.
• On Friday, September 4th, Sean Chen sold 15,000 shares of Ambiq Micro stock. The shares were sold at an average price of $57.17, for a total transaction of $857,550.00.

Ambiq Micro Stock Down 4.2%

AMBQ traded down $2.75 on Tuesday, hitting $63.17. The company's stock had a trading volume of 563,687 shares, compared to its average volume of 512,488. Ambiq Micro, Inc. has a 12 month low of $22.12 and a 12 month high of $91.61. The firm has a market cap of $1.53 billion, a P/E ratio of -29.80 and a beta of 5.34. The company's 50 day simple moving average is $62.99 and its 200-day simple moving average is $61.25.

Ambiq Micro (NYSE:AMBQ - Get Free Report) last issued its earnings results on Tuesday, August 11th. The company reported ($0.07) earnings per share (EPS) for the quarter. The business had revenue of $33.90 million for 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. Equities analysts predict that Ambiq Micro, Inc. will post -1.16 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Ambiq Micro

Several large investors have recently added to or reduced their stakes in AMBQ. Renaissance Technologies LLC purchased a new position in Ambiq Micro during the first quarter worth about $1,082,000. Bank of New York Mellon Corp raised its holdings in shares of Ambiq Micro by 288.5% in the 1st quarter. Bank of New York Mellon Corp now owns 42,030 shares of the company's stock valued at $1,068,000 after acquiring an additional 31,212 shares in the last quarter. Squarepoint Ops LLC boosted its position in shares of Ambiq Micro by 603.5% during the 2nd quarter. Squarepoint Ops LLC now owns 63,228 shares of the company's stock valued at $5,583,000 after acquiring an additional 54,240 shares during the last quarter. Wellington Management Group LLP bought a new stake in shares of Ambiq Micro during the 2nd quarter valued at about $14,847,000. Finally, Royal Bank of Canada grew its holdings in shares of Ambiq Micro by 1,332.1% during the first quarter. Royal Bank of Canada now owns 11,600 shares of the company's stock worth $295,000 after purchasing an additional 10,790 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on AMBQ shares. Northland Securities set a $81.00 price objective on Ambiq Micro in a report on Wednesday, August 12th. Stifel Nicolaus upped their price target on Ambiq Micro from $75.00 to $85.00 and gave the company a "buy" rating in a research report on Monday. Weiss Ratings reissued a "sell (d-)" rating on shares of Ambiq Micro in a report on Friday, September 25th. Needham & Company LLC raised their price objective on shares of Ambiq Micro from $70.00 to $85.00 and gave the company a "buy" rating in a research report on Wednesday, August 12th. Finally, UBS Group set a $85.00 price objective on shares of Ambiq Micro in a research note on Wednesday, August 12th. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, Ambiq Micro has an average rating of "Hold" and a consensus price target of $82.67.

About Ambiq Micro

Ambiq Micro is a semiconductor company that develops ultra-low-power system-on-chips (SoCs), microcontrollers and related technologies for connected edge devices. Its products are designed to extend battery life while supporting computing, sensing, wireless connectivity and artificial intelligence workloads.

The company's portfolio includes the Apollo family of microcontrollers and SoCs, along with development platforms and software tools for applications such as smartwatches, hearables, healthcare devices, smart-home equipment, industrial sensors and other Internet of Things products.

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