Ambiq Micro (NYSE:AMBQ) COO Sean Chihhsiang Chen Sells 15,000 Shares of Stock

Ambiq Micro, Inc. (NYSE:AMBQ) COO Sean Chen sold 15,000 shares of the company’s stock in a transaction on Wednesday, October 14th. The stock was sold at an average price of $51.50, for a total transaction of $772,500.00. Following the transaction, the chief operating officer owned 106,268 shares of the company’s stock, valued at $5,472,802. This trade represents a 12.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, October 5th, Sean Chen sold 8,205 shares of Ambiq Micro stock. The shares were sold at an average price of $66.78, for a total value of $547,929.90.
• 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 value of $403,819.20.
• On Monday, September 14th, Sean Chen sold 15,000 shares of Ambiq Micro stock. The stock was sold at an average price of $60.14, for a total value of $902,100.00.
• On Friday, September 4th, Sean Chen sold 15,000 shares of Ambiq Micro stock. The stock was sold at an average price of $57.17, for a total value of $857,550.00.

Ambiq Micro Trading Down 4.3%

AMBQ traded down $2.27 on Friday, reaching $49.81. The stock had a trading volume of 556,026 shares, compared to its average volume of 596,221. The company has a market capitalization of $1.20 billion, a price-to-earnings ratio of -23.50 and a beta of 5.34. Ambiq Micro, Inc. has a fifty-two week low of $22.12 and a fifty-two week high of $91.61. The firm has a 50-day moving average of $61.70 and a 200-day moving average of $62.97.

Ambiq Micro (NYSE:AMBQ) last announced its quarterly earnings results 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 for the quarter. Ambiq Micro has set its Q3 2026 guidance at -0.200–0.120 EPS. Sell-side analysts anticipate that Ambiq Micro, Inc. will post -1.16 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on AMBQ shares. Citigroup restated a “neutral” rating on shares of Ambiq Micro in a research report on Tuesday, August 11th. Roth Capital began coverage on shares of Ambiq Micro in a research note on Monday, July 13th. They issued a “buy” rating and a $125.00 price objective on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Ambiq Micro in a report on Friday, September 25th. UBS Group set a $85.00 price objective on Ambiq Micro in a report on Wednesday, August 12th. Finally, Needham & Company LLC raised their target price on Ambiq Micro from $70.00 to $85.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Five research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $83.71.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Engineers Gate Manager LP acquired a new stake in Ambiq Micro during the second quarter worth approximately $525,000. Squarepoint Ops LLC increased its holdings in Ambiq Micro by 603.5% in the second 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 acquired a new position in Ambiq Micro in the second quarter valued at approximately $777,000. Azimuth Capital Investment Management LLC acquired a new position in Ambiq Micro in the second quarter valued at approximately $234,000. Finally, AXQ Capital LP bought a new position in Ambiq Micro during the second quarter worth $539,000.

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.