Ambiq Micro, Inc. (NYSE:AMBQ) Given Average Rating of “Hold” by Brokerages

Shares of Ambiq Micro, Inc. (NYSE:AMBQ) have been given a consensus rating of “Hold” by the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $41.75.

Several equities research analysts have recently issued reports on the company. Wall Street Zen lowered shares of Ambiq Micro from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. UBS Group reduced their target price on shares of Ambiq Micro from $40.00 to $32.00 and set a “neutral” rating on the stock in a report on Monday, October 27th. Finally, Weiss Ratings started coverage on shares of Ambiq Micro in a research report on Thursday, October 23rd. They set a “sell (e-)” rating on the stock.

Insider Activity at Ambiq Micro

In other news, Director Joseph A. Tautges sold 7,800 shares of the company’s stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $31.00, for a total value of $241,800.00. Following the completion of the sale, the director owned 48,746 shares of the company’s stock, valued at approximately $1,511,126. This represents a 13.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Scott Mclean Hanson sold 10,000 shares of the stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $31.00, for a total transaction of $310,000.00. Following the sale, the chief technology officer directly owned 122,818 shares of the company’s stock, valued at $3,807,358. The trade was a 7.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Atreides Management LP raised its holdings in shares of Ambiq Micro by 1.8% in the 4th quarter. Atreides Management LP now owns 696,420 shares of the company’s stock valued at $19,848,000 after purchasing an additional 12,113 shares in the last quarter. Alliancebernstein L.P. purchased a new position in Ambiq Micro in the third quarter valued at $13,050,000. KADENSA CAPITAL Ltd acquired a new stake in Ambiq Micro in the third quarter valued at $11,818,000. Franklin Resources Inc. lifted its holdings in 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 buying an additional 295,927 shares during the last quarter. Finally, Vanguard Group Inc. purchased a new stake in Ambiq Micro during the 3rd quarter worth about $9,210,000.

Ambiq Micro Price Performance

Shares of Ambiq Micro stock opened at $29.69 on Thursday. The stock has a market capitalization of $543.55 million and a PE ratio of -1.50. The business has a 50-day moving average price of $30.93. Ambiq Micro has a 52-week low of $22.12 and a 52-week high of $51.76.

Ambiq Micro Company Profile

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.