Scott Mclean Hanson Sells 27,500 Shares of Ambiq Micro (NYSE:AMBQ) Stock

by · The Markets Daily

Ambiq Micro, Inc. (NYSE:AMBQ – Get Free Report) CTO Scott Mclean Hanson sold 27,500 shares of the stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $59.80, for a total transaction of $1,644,500.00. Following the transaction, the chief technology officer owned 221,226 shares in the company, valued at approximately $13,229,314.80. This represents a 11.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Scott Mclean Hanson also recently made the following trade(s):

  • On Friday, August 14th, Scott Mclean Hanson sold 7,000 shares of Ambiq Micro stock. The stock was sold at an average price of $64.38, for a total transaction of $450,660.00.

Ambiq Micro Stock Performance

Ambiq Micro stock traded down $2.81 during mid-day trading on Friday, reaching $57.28. 279,145 shares of the company were exchanged, compared to its average volume of 503,241. The business has a fifty day moving average of $72.40 and a 200 day moving average of $54.81. The firm has a market cap of $1.39 billion and a P/E ratio of -27.02. Ambiq Micro, Inc. has a 12-month low of $22.12 and a 12-month high of $91.61.

Ambiq Micro (NYSE:AMBQ – Get Free Report) 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 company 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 predict that Ambiq Micro, Inc. will post -1.16 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on AMBQ shares. Northland Securities set a $81.00 target price on Ambiq Micro in a research note on Wednesday, August 12th. Citigroup reissued a “neutral” rating on shares of Ambiq Micro in a research report on Tuesday, August 11th. Zacks Research upgraded shares of Ambiq Micro from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. Needham & Company LLC lifted 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. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Ambiq Micro in a research note on Monday, June 29th. Three equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Ambiq Micro has a consensus rating of “Hold” and an average price target of $82.20.

Read Our Latest Research Report on AMBQ

Institutional Trading of Ambiq Micro

Hedge funds and other institutional investors have recently made changes to their positions in the business. California State Teachers Retirement System boosted its position in shares of Ambiq Micro by 244.6% in the 1st quarter. California State Teachers Retirement System now owns 989 shares of the company’s stock worth $25,000 after purchasing an additional 702 shares in the last quarter. BNP Paribas Financial Markets acquired a new position in Ambiq Micro during the 3rd quarter valued at about $28,000. New York State Common Retirement Fund purchased a new stake in Ambiq Micro in the fourth quarter valued at about $48,000. JPMorgan Chase & Co. purchased a new stake in Ambiq Micro in the third quarter valued at about $56,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Ambiq Micro in the third quarter worth about $65,000.

Ambiq Micro Company Profile

(Get Free Report)

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.

Featured Articles