Ambarella Inc (NASDAQ:AMBA) Stock Holdings Lifted by First National Bank of Omaha

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First National Bank of Omaha raised its position in Ambarella Inc (NASDAQ:AMBA) by 8.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,803 shares of the semiconductor company’s stock after purchasing an additional 2,169 shares during the quarter. First National Bank of Omaha owned approximately 0.08% of Ambarella worth $1,684,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AMBA. First Trust Advisors LP grew its stake in Ambarella by 5.9% in the first quarter. First Trust Advisors LP now owns 16,783 shares of the semiconductor company’s stock valued at $725,000 after purchasing an additional 935 shares in the last quarter. Wells Fargo & Company MN grew its stake in Ambarella by 13.6% in the second quarter. Wells Fargo & Company MN now owns 88,973 shares of the semiconductor company’s stock valued at $3,927,000 after purchasing an additional 10,630 shares in the last quarter. Bank of Montreal Can grew its stake in Ambarella by 1,338.5% in the second quarter. Bank of Montreal Can now owns 2,877 shares of the semiconductor company’s stock valued at $127,000 after purchasing an additional 2,677 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Ambarella by 5.1% in the second quarter. Charles Schwab Investment Management Inc. now owns 65,745 shares of the semiconductor company’s stock valued at $2,902,000 after purchasing an additional 3,164 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in Ambarella by 9.5% in the second quarter. Bank of New York Mellon Corp now owns 143,253 shares of the semiconductor company’s stock valued at $6,323,000 after purchasing an additional 12,414 shares in the last quarter. Hedge funds and other institutional investors own 75.52% of the company’s stock.

A number of research analysts have commented on AMBA shares. Stifel Nicolaus boosted their target price on Ambarella from $54.00 to $55.00 and gave the company a “hold” rating in a research note on Tuesday, November 26th. Bank of America boosted their target price on Ambarella from $50.00 to $53.00 and gave the company an “underperform” rating in a research note on Tuesday, November 26th. Morgan Stanley restated a “buy” rating and issued a $61.00 target price on shares of Ambarella in a research note on Wednesday, December 11th. Craig Hallum boosted their target price on Ambarella from $62.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Finally, KeyCorp restated a “hold” rating on shares of Ambarella in a research note on Tuesday, October 15th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company. Ambarella currently has a consensus rating of “Hold” and an average target price of $60.22.

In other news, CTO Leslie Kohn sold 3,420 shares of the company’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $56.31, for a total transaction of $192,580.20. Following the completion of the sale, the chief technology officer now owns 930,191 shares in the company, valued at approximately $52,379,055.21. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Christopher Day sold 641 shares of the company’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $56.31, for a total value of $36,094.71. Following the sale, the vice president now owns 6,705 shares of the company’s stock, valued at approximately $377,558.55. The disclosure for this sale can be found here. In the last quarter, insiders have sold 12,808 shares of company stock valued at $724,919. 6.31% of the stock is currently owned by corporate insiders.

AMBA opened at $62.69 on Friday. The company has a market cap of $2.10 billion, a PE ratio of -56.48 and a beta of 1.23. The stock has a 50-day moving average of $58.43 and a 200-day moving average of $54.41. Ambarella Inc has a 52-week low of $35.33 and a 52-week high of $67.15. The company has a debt-to-equity ratio of 0.02, a quick ratio of 8.42 and a current ratio of 8.81.

Ambarella (NASDAQ:AMBA) last released its quarterly earnings results on Monday, November 25th. The semiconductor company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.22) by $0.54. The company had revenue of $67.90 million during the quarter, compared to the consensus estimate of $65.00 million. Ambarella had a negative return on equity of 9.51% and a negative net margin of 16.33%. The firm’s revenue was up 18.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.21 EPS. On average, research analysts predict that Ambarella Inc will post -1.02 earnings per share for the current year.

About Ambarella

Ambarella, Inc develops semiconductor processing solutions for video that enable high-definition (HD), video capture, analysis, sharing, and display worldwide. The company's system-on-a-chip designs integrated HD video processing, image processing, computer vision functionality, audio processing, and system functions onto a single chip for delivering video and image quality, differentiated functionality, and low power consumption.

Further Reading: How to Invest in the Dividend Aristocrat Index

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Institutional Ownership by Quarter for Ambarella (NASDAQ:AMBA)

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