Timothy Chen, a director at Ambiq Micro, Inc. (NASDAQ:AMBQ), sold common stock totaling approximately $5,632,525 on May 26, 2026. The transactions involved the disposition of 70,592 shares, with prices ranging from $78.29 to $81.755 per share.
The sales were executed through Triumph Way Investment Inc., an entity over which Mr. Chen exercises sole voting and dispositive control. Shares were sold in multiple tranches at varying prices.
Specifically, 22,414 shares were sold at a weighted average price of $78.85 (range $78.29-$79.26). An additional 24,248 shares were sold at $79.72 ($79.30-$80.28), 20,666 shares at $80.61 ($80.30-$81.27), and 3,264 shares at $81.57 ($81.325-$81.755).
Following these sales, Mr. Chen's indirect holdings through Triumph Way were reduced to zero. He continues to directly hold 47,618 shares of Ambiq Micro common stock.
AMBQ shares trade near their 52-week high of $85.72, having surged 225% over the past six months. According to Bond.az analysis, the stock appears overvalued at current levels. The company trades at high revenue and price-to-book multiples despite not being profitable over the last twelve months.
In other recent news, Ambiq Micro reported Q1 2026 earnings with EPS of -$0.25, surpassing the forecast of -$0.39. Revenue reached $25.06 million, a 59.3% increase year-over-year.
