Atreides Management LP Takes $20.47 Million Position in Ambiq Micro, Inc. $AMBQ

Atreides Management LP bought a new position in shares of Ambiq Micro, Inc. (NYSE:AMBQ) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 684,307 shares of the company’s stock, valued at approximately $20,474,000. Atreides Management LP owned 3.74% of Ambiq Micro as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Bank of America Corp DE acquired a new position in Ambiq Micro in the 3rd quarter valued at about $177,000. Alliancebernstein L.P. acquired a new stake in Ambiq Micro during the 3rd quarter worth approximately $13,050,000. Ameriprise Financial Inc. purchased a new position in shares of Ambiq Micro in the 3rd quarter valued at approximately $677,000. Schonfeld Strategic Advisors LLC acquired a new position in shares of Ambiq Micro in the third quarter valued at approximately $8,201,000. Finally, Freestone Grove Partners LP acquired a new position in shares of Ambiq Micro in the third quarter valued at approximately $598,000.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Needham & Company LLC reaffirmed a “buy” rating on shares of Ambiq Micro in a report on Thursday, March 5th. Bank of America reissued a “neutral” rating and issued a $35.00 price objective on shares of Ambiq Micro in a research note on Thursday, March 5th. Finally, Wall Street Zen upgraded shares of Ambiq Micro from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Ambiq Micro has a consensus rating of “Hold” and an average target price of $40.00.

Ambiq Micro Price Performance

Shares of AMBQ stock opened at $25.51 on Friday. The business’s fifty day moving average price is $31.08 and its 200 day moving average price is $30.55. Ambiq Micro, Inc. has a 1-year low of $22.12 and a 1-year high of $51.76. The firm has a market capitalization of $542.32 million and a PE ratio of -0.65.

Ambiq Micro (NYSE:AMBQ) last released its quarterly earnings data on Thursday, March 5th. The company reported ($0.49) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.61) by $0.12. The firm had revenue of $20.74 million during the quarter, compared to analysts’ expectations of $19.00 million. Ambiq Micro had a negative return on equity of 351.35% and a negative net margin of 50.28%.Ambiq Micro has set its Q1 2026 guidance at -0.390–0.330 EPS.

Insider Transactions at Ambiq Micro

In related news, CTO Scott Mclean Hanson sold 10,000 shares of the business’s stock in a transaction dated 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 owned 122,818 shares of the company’s stock, valued at approximately $3,807,358. The trade was a 7.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Joseph A. Tautges sold 7,800 shares of the company’s stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $31.00, for a total transaction of $241,800.00. Following the transaction, the director owned 48,746 shares in the company, valued at $1,511,126. The trade was a 13.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure.

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.