Ambarella (NASDAQ:AMBA) VP Chi-Hong Ju Sells 5,057 Shares of Stock

Ambarella, Inc. (NASDAQ:AMBA) VP Chi-Hong Ju sold 5,057 shares of Ambarella stock in a transaction on Monday, October 13th. The stock was sold at an average price of $81.29, for a total transaction of $411,083.53. Following the transaction, the vice president directly owned 165,030 shares in the company, valued at $13,415,288.70. This represents a 2.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Chi-Hong Ju also recently made the following trade(s):

• On Tuesday, October 14th, Chi-Hong Ju sold 6,156 shares of Ambarella stock. The stock was sold at an average price of $80.96, for a total transaction of $498,389.76.
• On Wednesday, September 17th, Chi-Hong Ju sold 1,168 shares of Ambarella stock. The stock was sold at an average price of $79.43, for a total value of $92,774.24.

Ambarella Trading Up 2.6%

Shares of Ambarella stock opened at $83.27 on Thursday. Ambarella, Inc. has a 12 month low of $38.86 and a 12 month high of $93.44. The firm has a market capitalization of $3.55 billion, a P/E ratio of -39.46 and a beta of 2.10. The business’s fifty day simple moving average is $77.99 and its 200 day simple moving average is $64.07.

Ambarella (NASDAQ:AMBA) last released its earnings results on Thursday, August 28th. The semiconductor company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.10. The firm had revenue of $95.51 million for the quarter, compared to analysts’ expectations of $90.01 million. Ambarella had a negative net margin of 25.46% and a negative return on equity of 14.73%. The company’s quarterly revenue was up 49.9% on a year-over-year basis. During the same period in the previous year, the company earned ($0.13) earnings per share. Ambarella has set its Q3 2026 guidance at EPS. Analysts predict that Ambarella, Inc. will post -2.81 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on AMBA shares. Susquehanna upped their price objective on shares of Ambarella from $80.00 to $90.00 and gave the company a “positive” rating in a report on Tuesday, July 22nd. Stifel Nicolaus boosted their price target on shares of Ambarella from $80.00 to $90.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Oppenheimer reiterated a “market perform” rating on shares of Ambarella in a research note on Friday, August 29th. Needham & Company LLC raised their price target on Ambarella from $90.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Finally, BNP Paribas raised Ambarella to a “strong-buy” rating in a report on Friday, August 29th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $93.88.

Institutional Investors Weigh In On Ambarella

Hedge funds have recently bought and sold shares of the stock. Nuveen LLC purchased a new stake in shares of Ambarella during the 1st quarter valued at $32,169,000. Jacobs Levy Equity Management Inc. raised its position in shares of Ambarella by 1,635.4% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 647,788 shares of the semiconductor company’s stock valued at $32,603,000 after buying an additional 610,460 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Ambarella by 88.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,232,272 shares of the semiconductor company’s stock valued at $62,020,000 after acquiring an additional 579,917 shares during the last quarter. Squarepoint Ops LLC bought a new position in Ambarella in the second quarter valued at $36,810,000. Finally, Balyasny Asset Management L.P. increased its stake in Ambarella by 894.7% in the second quarter. Balyasny Asset Management L.P. now owns 459,562 shares of the semiconductor company’s stock valued at $30,361,000 after acquiring an additional 413,362 shares during the last quarter. 82.09% of the stock is currently owned by institutional investors.

About Ambarella

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