Ambiq Micro (NYSE:AMBQ) Shares Down 5.7% – Time to Sell?

Ambiq Micro, Inc. (NYSE:AMBQ) was down 5.7% during mid-day trading on Tuesday. The company traded as low as $64.19 and last traded at $64.3850. 322,766 shares traded hands during trading, a decline of 37% from the average daily volume of 510,360 shares. The stock had previously closed at $68.30.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Needham & Company LLC upped their price objective on shares of Ambiq Micro from $70.00 to $85.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Northland Securities set a $81.00 price target on shares of Ambiq Micro in a research report on Wednesday, August 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ambiq Micro in a report on Friday. Roth Capital initiated coverage on shares of Ambiq Micro in a report on Monday, July 13th. They set a “buy” rating and a $125.00 target price for the company. Finally, Citigroup reaffirmed a “neutral” rating on shares of Ambiq Micro in a report on Tuesday, August 11th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $82.20.

Ambiq Micro Stock Down 5.1%

The company’s 50-day moving average price is $63.64 and its 200-day moving average price is $59.84. The firm has a market cap of $1.57 billion, a price-to-earnings ratio of -30.58 and a beta of 5.58.

Ambiq Micro (NYSE:AMBQ) last announced its quarterly earnings data on Tuesday, August 11th. The company reported ($0.07) earnings per share (EPS) for the quarter. The company had revenue of $33.90 million during 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 predict that Ambiq Micro, Inc. will post -1.16 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, COO Sean Chen sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $60.14, for a total transaction of $902,100.00. Following the completion of the sale, the chief operating officer owned 120,275 shares in the company, valued at approximately $7,233,338.50. The trade was a 11.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ker Zhang sold 10,000 shares of the business’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $63.44, for a total transaction of $634,400.00. Following the completion of the sale, the director directly owned 20,366 shares of the company’s stock, valued at approximately $1,292,019.04. This trade represents a 32.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 260,185 shares of company stock worth $15,523,333. 10.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Ambiq Micro

Large investors have recently modified their holdings of the company. Engineers Gate Manager LP purchased a new position in Ambiq Micro during the 2nd quarter worth $525,000. 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 worth $5,583,000 after purchasing an additional 54,240 shares in the last quarter. Spark Investment Management LLC purchased a new position in Ambiq Micro in the second quarter valued at about $777,000. Azimuth Capital Investment Management LLC purchased a new stake in Ambiq Micro during the second quarter worth $234,000. Finally, AXQ Capital LP purchased a new position in Ambiq Micro during the 2nd quarter valued at about $539,000.

About Ambiq Micro

Ambiq Micro, Inc is a semiconductor company that develops ultra-low-power system-on-chip (SoC) solutions and microcontrollers for edge computing and artificial intelligence applications. Its technology is designed to help battery-powered devices perform data processing locally while extending battery life.

The company’s product portfolio includes its Apollo family of low-power microcontrollers and SoCs, as well as solutions that integrate processing, memory, wireless connectivity and AI capabilities.