Ambiq Micro CTO Scott Hanson sells $357k in company shares

Scott McLean Hanson, Chief Technology Officer and Director at Ambiq Micro, Inc., divested 7,000 shares of the company's common stock on October 15, 2026, generating a total of $357,008. These sales were executed under a Rule 10b5-1 trading plan initiated on May 15, 2026. The transactions comprised multiple sales at varying prices: 600 shares between $48.61 and $49.59 per share, 900 shares between $49.74 and $50.67 per share, 3,700 shares between $50.74 and $51.65 per share, and 1,800 shares between $51.74 and $52.00 per share.

The stock has experienced a nearly 15% decline over the past week, despite delivering a strong 64% return over the past year. Prior to these sales, Hanson acquired 7,000 shares by exercising stock options at $8.12 per share, totaling $56,839. These options vested in four equal monthly installments beginning August 16, 2019, contingent on his continued service.

Post these transactions, Hanson directly owns 212,546 shares and holds 38,279 derivative securities in the form of stock options. According to AI-generated analysis, the stock is currently overvalued relative to its Fair Value estimate. Recent earnings reports indicate Ambiq Micro's robust growth, with revenue increasing by 89.7% to $33.9 million and non-GAAP loss narrowing to $1.8 million.

Analysts have adjusted their price targets positively, with Jefferies recommending a buy with a $90 price target, Stifel from $75 to $85, UBS from $70 to $73, and BofA Securities from $70 to $75.