Ambiq Micro (NYSE:AMBQ) COO Sean Chihhsiang Chen Sells 5,802 Shares of Stock

Ambiq Micro, Inc. (NYSE:AMBQ) COO Sean Chen sold 5,802 shares of Ambiq Micro stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $69.60, for a total value of $403,819.20. Following the sale, the chief operating officer directly owned 114,473 shares of the company’s stock, valued at approximately $7,967,320.80. The trade was a 4.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through 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 Monday, September 14th, Sean Chen sold 15,000 shares of Ambiq Micro stock. The shares were 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 Stock Down 4.2%

Shares of AMBQ traded down $2.75 during midday trading on Tuesday, reaching $63.17. 563,687 shares of the stock were exchanged, compared to its average volume of 512,488. Ambiq Micro, Inc. has a twelve month low of $22.12 and a twelve month high of $91.61. The company has a market cap of $1.53 billion, a P/E ratio of -29.80 and a beta of 5.34. The stock’s 50 day simple moving average is $62.99 and its 200 day simple moving average is $61.25.

Ambiq Micro (NYSE:AMBQ) last announced 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 business had revenue of $33.90 million during the quarter. Ambiq Micro has set its Q3 2026 guidance at -0.200–0.120 EPS. As a group, analysts predict that Ambiq Micro, Inc. will post -1.16 earnings per share for the current year.

Institutional Investors Weigh In On Ambiq Micro

A number of large investors have recently bought and sold shares of AMBQ. Atreides Management LP increased its holdings in Ambiq Micro by 23.8% in the 1st quarter. Atreides Management LP now owns 862,175 shares of the company’s stock valued at $21,908,000 after buying an additional 165,755 shares during the period. Wasatch Advisors LP boosted its position in shares of Ambiq Micro by 16.9% during the 1st quarter. Wasatch Advisors LP now owns 254,303 shares of the company’s stock worth $6,462,000 after acquiring an additional 36,791 shares in the last quarter. Polar Asset Management Partners Inc. increased its stake in Ambiq Micro by 671.8% in the first quarter. Polar Asset Management Partners Inc. now owns 201,335 shares of the company’s stock valued at $5,116,000 after acquiring an additional 175,247 shares during the last quarter. Wellington Management Group LLP bought a new position in Ambiq Micro in the second quarter valued at approximately $14,847,000. Finally, Roubaix Capital LLC acquired a new position in Ambiq Micro during the first quarter valued at approximately $3,197,000.

Wall Street Analyst Weigh In

AMBQ has been the topic of a number of analyst reports. Citigroup restated a “neutral” rating on shares of Ambiq Micro in a research report on Tuesday, August 11th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ambiq Micro in a research note on Friday, September 25th. Stifel Nicolaus increased their price target on Ambiq Micro from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Monday. Needham & Company LLC raised their price objective on Ambiq Micro from $70.00 to $85.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Finally, Northland Securities set a $81.00 price objective on Ambiq Micro in a report on Wednesday, August 12th. Four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus 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.