Insider Selling: Ambarella (NASDAQ:AMBA) Insider Sells 2,406 Shares of Stock

Ambarella, Inc. (NASDAQ:AMBA) insider Chan Lee sold 2,406 shares of the business’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $71.82, for a total transaction of $172,798.92. Following the completion of the sale, the insider owned 124,566 shares in the company, valued at approximately $8,946,330.12. This trade represents a 1.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Ambarella Stock Up 2.9%

AMBA stock traded up $2.06 during mid-day trading on Friday, hitting $72.52. 1,006,487 shares of the company were exchanged, compared to its average volume of 853,245. The firm has a market capitalization of $3.12 billion, a P/E ratio of -38.57 and a beta of 1.98. The business has a fifty day simple moving average of $81.66 and a 200-day simple moving average of $73.95. Ambarella, Inc. has a 12-month low of $38.86 and a 12-month high of $96.69.

Ambarella (NASDAQ:AMBA) last released its quarterly earnings results on Tuesday, November 25th. The semiconductor company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.06. Ambarella had a negative net margin of 21.31% and a negative return on equity of 13.02%. The business had revenue of $108.45 million for the quarter, compared to the consensus estimate of $104.11 million. During the same period in the previous year, the firm earned $0.11 EPS. The business’s revenue was up 31.2% on a year-over-year basis. Research analysts predict that Ambarella, Inc. will post -2.81 EPS for the current year.

Institutional Investors Weigh In On Ambarella

Several institutional investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC increased its stake in Ambarella by 362.2% in the second quarter. EverSource Wealth Advisors LLC now owns 416 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 326 shares during the last quarter. Total Investment Management Inc. purchased a new stake in shares of Ambarella during the 2nd quarter worth approximately $30,000. Advisory Services Network LLC acquired a new position in shares of Ambarella in the 3rd quarter valued at $33,000. CoreCap Advisors LLC purchased a new position in shares of Ambarella in the 3rd quarter valued at $43,000. Finally, Advisors Asset Management Inc. raised its stake in Ambarella by 44.1% during the 1st quarter. Advisors Asset Management Inc. now owns 935 shares of the semiconductor company’s stock worth $47,000 after acquiring an additional 286 shares in the last quarter. Hedge funds and other institutional investors own 82.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on AMBA shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $80.00 price objective on shares of Ambarella in a report on Wednesday, November 26th. Oppenheimer restated a “market perform” rating on shares of Ambarella in a research note on Friday, August 29th. Summit Insights upgraded Ambarella from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 25th. Wall Street Zen upgraded Ambarella from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. Finally, Needham & Company LLC restated a “buy” rating and set a $100.00 price target on shares of Ambarella in a report on Wednesday, November 26th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $96.00.

Trending Headlines about Ambarella

Here are the key news stories impacting Ambarella this week:

• Positive Sentiment: Analysts and coverage highlight Ambarella’s edge?AI positioning and earnings strength — multiple firms (Stifel, Needham, Bank of America, Summit Insights) have recently maintained or raised targets/ratings after Ambarella’s November quarter beat on revenue and EPS, reinforcing a bullish narrative that’s supporting the rally. Ambarella’s Earnings Prove Its Edge AI Strategy Is a Winner
• Positive Sentiment: Recent press pieces profile AMBA as a top semiconductor/equipment pick based on its AI/computer-vision SoC roadmap and potential end-market expansion, which can attract momentum flows and buy-side interest. Why Is Ambarella (AMBA) Among the Best Semiconductor Equipment Stocks to Buy Now?
• Neutral Sentiment: Institutional ownership is high and some funds have added positions this year (Russell, Northern Trust, Trexquant, etc.), which provides a base of stable demand but also means large holders could influence moves if they rotate. MarketBeat AMBA Overview
• Negative Sentiment: Multiple insider sales were filed this week — including CEO Feng?Ming Wang, CFO John Alexander Young, VP Chi?Hong Ju and director Elizabeth Schwarting — representing small percentage reductions in their holdings. Insider selling can spook some investors even if sizes are modest relative to total holdings. Ambarella Insider Selling Alert
• Negative Sentiment: A Motley Fool/coverage piece flagged that a fund placed a sizable bet before a sharp post?earnings drop, highlighting volatility risk and the potential for short?term swings after earnings/events. That narrative may keep some traders cautious. Why a Fund Placed a $13 Million Bet on Ambarella Stock…

Ambarella Company Profile

Ambarella, Inc is a global semiconductor company headquartered in Santa Clara, California, specializing in video compression, image processing and computer vision technologies. The company designs low-power, high-definition system-on-chip (SoC) solutions that enable the capture, processing and streaming of video in a variety of embedded applications. Ambarella’s platforms combine advanced video encoding, multi-core central processing units and hardware accelerators to deliver high-resolution imaging with low power consumption.

Ambarella’s product portfolio caters to multiple markets, including security and surveillance, automotive vision, wearable cameras, drones and robotics.