Ambiq Micro (NYSE:AMBQ) CTO Sells $604,128.00 in Stock

Key Points

• Ambiq Micro CTO Scott Hanson sold 8,680 shares at an average price of $69.60, generating $604,128 and reducing his position by 3.92% to 212,546 shares. He also sold shares in August.
• 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 is mixed: the stock has a consensus “Hold” rating and an average price target of $82.67, with targets ranging from $81 to $125 and one “Sell” rating.

Ambiq Micro, Inc. (NYSE:AMBQ - Get Free Report) CTO Scott Hanson sold 8,680 shares of Ambiq Micro stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $69.60, for a total value of $604,128.00. Following the completion of the transaction, the chief technology officer owned 212,546 shares of the company's stock, valued at $14,793,201.60. The trade was a 3.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Scott Mclean Hanson also recently made the following trade(s):

• On Thursday, August 27th, Scott Hanson sold 27,500 shares of Ambiq Micro stock. The stock was sold at an average price of $59.80, for a total transaction of $1,644,500.00.
• On Friday, August 14th, Scott Hanson sold 7,000 shares of Ambiq Micro stock. The shares were sold at an average price of $64.38, for a total transaction of $450,660.00.

Ambiq Micro Stock Down 4.2%

Ambiq Micro stock traded down $2.75 during trading on Tuesday, reaching $63.17. The stock had a trading volume of 563,687 shares, compared to its average volume of 512,488. Ambiq Micro, Inc. has a 52-week low of $22.12 and a 52-week high of $91.61. The business has a 50 day moving average price of $62.99 and a 200 day moving average price of $61.25. The stock has a market cap of $1.53 billion, a PE ratio of -29.80 and a beta of 5.34.

Ambiq Micro (NYSE:AMBQ - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $33.90 million during the quarter. Ambiq Micro has set its Q3 2026 guidance at -0.200--0.120 EPS. On average, equities analysts predict that Ambiq Micro, Inc. will post -1.16 EPS for the current fiscal year.

Hedge Funds Weigh In On Ambiq Micro

Several large investors have recently bought and sold shares of the stock. California State Teachers Retirement System increased its position in shares of Ambiq Micro by 244.6% during the first quarter. California State Teachers Retirement System now owns 989 shares of the company's stock worth $25,000 after purchasing an additional 702 shares in the last quarter. Azimuth Capital Investment Management LLC acquired a new stake in shares of Ambiq Micro in the 2nd quarter valued at about $234,000. Resolute Advisors LLC purchased a new position in Ambiq Micro during the 2nd quarter worth approximately $265,000. Engineers Gate Manager LP purchased a new position in Ambiq Micro during the 2nd quarter worth approximately $525,000. Finally, AXQ Capital LP acquired a new position in Ambiq Micro during the second quarter worth approximately $539,000.

Analysts Set New Price Targets

A number of brokerages have issued reports on AMBQ. Stifel Nicolaus lifted their price target on Ambiq Micro from $75.00 to $85.00 and gave the stock a "buy" rating in a report on Monday. Northland Securities set a $81.00 price objective on Ambiq Micro in a report on Wednesday, August 12th. Weiss Ratings reissued a "sell (d-)" rating on shares of Ambiq Micro in a research report on Friday, September 25th. UBS Group set a $85.00 target price on Ambiq Micro in a research note on Wednesday, August 12th. Finally, Roth Capital started coverage on Ambiq Micro in a report on Monday, July 13th. They issued a "buy" rating and a $125.00 price target for the company. Four research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Ambiq Micro has an average rating of "Hold" and a consensus target price 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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