Insider Selling: Ambiq Micro (NYSE:AMBQ) CEO Sells $625,120.63 in Stock

Key Points

• Ambiq Micro CEO Fumihide Esaka sold 11,027 shares for approximately $625,121 under a pre-arranged Rule 10b5-1 trading plan, reducing his direct ownership by 2.34% to 460,460 shares.
• Esaka has made several recent sales, including more than 97,000 shares during August 31 and September 1, while Ambiq Micro’s stock rose 2.4% to $57.28 in Wednesday trading.
• Ambiq reported a quarterly loss of $0.07 per share on $33.9 million in revenue and issued negative third-quarter EPS guidance. Analysts maintain an overall “Hold” rating, with an average price target of $82.20.

Ambiq Micro, Inc. (NYSE:AMBQ - Get Free Report) CEO Fumihide Esaka sold 11,027 shares of the company's stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $56.69, for a total value of $625,120.63. Following the transaction, the chief executive officer directly owned 460,460 shares in the company, valued at $26,103,477.40. The trade was a 2.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Fumihide Esaka also recently made the following trade(s):

• On Monday, August 31st, Fumihide Esaka sold 48,500 shares of Ambiq Micro stock. The shares were sold at an average price of $57.44, for a total transaction of $2,785,840.00.
• On Tuesday, September 1st, Fumihide Esaka sold 48,973 shares of Ambiq Micro stock. The shares were sold at an average price of $56.39, for a total transaction of $2,761,587.47.
• On Friday, August 14th, Fumihide Esaka sold 13,500 shares of Ambiq Micro stock. The shares were sold at an average price of $64.39, for a total transaction of $869,265.00.

Ambiq Micro Stock Up 2.4%

AMBQ traded up $1.34 during trading on Wednesday, hitting $57.28. 385,046 shares of the company's stock were exchanged, compared to its average volume of 504,467. Ambiq Micro, Inc. has a fifty-two week low of $22.12 and a fifty-two week high of $91.61. The stock has a market cap of $1.39 billion, a P/E ratio of -27.02 and a beta of 5.59. The business's 50 day moving average is $70.66 and its two-hundred day moving average is $55.39.

Ambiq Micro (NYSE:AMBQ - Get Free Report) last issued its quarterly earnings data 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. On average, sell-side analysts forecast that Ambiq Micro, Inc. will post -1.16 earnings per share for the current year.

Hedge Funds Weigh In On Ambiq Micro

Hedge funds have recently modified their holdings of the company. Atreides Management LP increased its position in shares of Ambiq Micro by 23.8% during the first quarter. Atreides Management LP now owns 862,175 shares of the company's stock valued at $21,908,000 after acquiring an additional 165,755 shares during the last quarter. Alliancebernstein L.P. purchased a new stake in shares of Ambiq Micro during the 3rd quarter valued at $13,050,000. Franklin Resources Inc. raised its stake in shares of Ambiq Micro by 2,474.3% during the 4th quarter. Franklin Resources Inc. now owns 307,887 shares of the company's stock worth $8,775,000 after purchasing an additional 295,927 shares during the period. Vanguard Group Inc. purchased a new position in shares of Ambiq Micro in the 3rd quarter worth about $9,210,000. Finally, Schonfeld Strategic Advisors LLC bought a new position in Ambiq Micro during the third quarter valued at about $8,201,000.

Analyst Upgrades and Downgrades

A number of brokerages have commented on AMBQ. Citigroup reissued a "neutral" rating on shares of Ambiq Micro in a report on Tuesday, August 11th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Ambiq Micro in a report on Monday, June 29th. UBS Group set a $85.00 price target on Ambiq Micro in a research report on Wednesday, August 12th. Northland Securities set a $81.00 price objective on Ambiq Micro in a research note on Wednesday, August 12th. Finally, Needham & Company LLC lifted their price objective 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 given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $82.20.

About Ambiq Micro

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source