Ambiq Micro (NYSE:AMBQ) Shares Climb 13.1% - Here's What Happened

Key Points

• Ambiq Micro shares rose 13.1% to $43.60 on Monday, though trading volume was about 64% below its average.
• Analyst views were mixed: five rated the stock Buy, four Hold and one Sell, producing a consensus Hold rating and an average price target of $78.71.
• The company reported a quarterly loss of $0.07 per share on $33.9 million in revenue; insiders sold nearly 332,000 shares worth about $20 million over the past three months.

Shares of Ambiq Micro, Inc. (NYSE:AMBQ - Get Free Report) rose 13.1% during trading on Monday. The company traded as high as $43.68 and last traded at $43.60. Approximately 178,875 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 500,884 shares. The stock had previously closed at $38.56.

Analyst Upgrades and Downgrades

AMBQ has been the topic of several recent research reports. Stifel Nicolaus lifted their price target on shares of Ambiq Micro from $75.00 to $85.00 and gave the company a "buy" rating in a research note on Monday, October 5th. Jefferies Financial Group started coverage on Ambiq Micro in a report on Wednesday, October 7th. They issued a "buy" rating and a $90.00 price objective for the company. Roth Capital began coverage on Ambiq Micro in a research report on Monday, July 13th. They issued a "buy" rating and a $125.00 target price on the stock. UBS Group reduced their price target on Ambiq Micro from $73.00 to $50.00 and set a "neutral" rating for the company in a research report on Monday, November 2nd. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Ambiq Micro in a research note on Friday, September 25th. Five 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, the company has a consensus rating of "Hold" and an average price target of $78.71.

Ambiq Micro Stock Performance

The company has a market cap of $1.08 billion, a P/E ratio of -20.98 and a beta of 5.66. The business's 50-day moving average price is $57.57 and its 200 day moving average price is $53.78.

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. 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. Equities research analysts forecast that Ambiq Micro, Inc. will post -1.16 earnings per share for the current year.

Insider Transactions at Ambiq Micro

In other Ambiq Micro news, CEO Fumihide Esaka sold 50,000 shares of the company's stock in a transaction on Friday, September 11th. The shares were sold at an average price of $63.36, for a total value of $3,168,000.00. Following the transaction, the chief executive officer directly owned 460,460 shares in the company, valued at $29,174,745.60. The trade was a 9.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Scott Hanson sold 27,500 shares of the firm's stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $59.80, for a total transaction of $1,644,500.00. Following the sale, the chief technology officer owned 221,226 shares of the company's stock, valued at approximately $13,229,314.80. This represents a 11.06% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 331,887 shares of company stock worth $19,995,954. 10.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On Ambiq Micro

Several institutional investors and hedge funds have recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Ambiq Micro during the 3rd quarter worth approximately $32,000. SBI Securities Co. Ltd. boosted its position in shares of Ambiq Micro by 27.0% in the third quarter. SBI Securities Co. Ltd. now owns 2,654 shares of the company's stock valued at $181,000 after acquiring an additional 564 shares during the period. Sterling Capital Management LLC grew its stake in shares of Ambiq Micro by 953.8% in the third quarter. Sterling Capital Management LLC now owns 685 shares of the company's stock valued at $47,000 after acquiring an additional 620 shares in the last quarter. California State Teachers Retirement System increased its position in 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 acquiring an additional 702 shares during the period. Finally, Inspire Investing LLC raised its stake in Ambiq Micro by 21.2% in the 3rd quarter. Inspire Investing LLC now owns 9,256 shares of the company's stock worth $631,000 after purchasing an additional 1,616 shares in the last quarter.

About Ambiq Micro

Ambiq Micro, Inc is a semiconductor company focused on developing ultra-low-power solutions for battery-powered and energy-efficient electronic devices. Its technologies are designed to help manufacturers extend battery life while supporting increasingly demanding computing, sensing and artificial-intelligence workloads at the edge.

The company's product portfolio includes Apollo-series microcontrollers, systems-on-chip and related semiconductor solutions built around its Subthreshold Power Optimized Technology (SPOT) platform.

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