Key Points
- Ambarella CEO Feng-Ming Wang sold 32,500 shares on May 26 at an average price of $91.01, totaling about $2.96 million. The sale was made under a pre-arranged Rule 10b5-1 trading plan, and his remaining stake was still valued at roughly $73.4 million.
- Ambarella’s latest quarter showed solid operating momentum, with revenue of $100.36 million up 16.9% year over year and EPS of $0.11 matching estimates. The company also issued Q2 revenue guidance of $105 million to $111 million, which came in above the midpoint of analyst expectations.
- Analysts remain broadly positive on the stock, with a consensus rating of “Moderate Buy” and a target price of $94.75. Several firms recently reiterated bullish views, citing Ambarella’s edge-AI opportunities and long-term growth potential.
Ambarella, Inc. (NASDAQ:AMBA - Get Free Report) CFO John Alexander Young sold 400 shares of the firm's stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $96.00, for a total transaction of $38,400.00. Following the completion of the sale, the chief financial officer owned 117,623 shares in the company, valued at approximately $11,291,808. The trade was a 0.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
John Alexander Young also recently made the following trade(s):
- On Tuesday, April 21st, John Alexander Young sold 1,971 shares of Ambarella stock. The shares were sold at an average price of $60.00, for a total transaction of $118,260.00.
- On Thursday, March 19th, John Alexander Young sold 3,038 shares of Ambarella stock. The shares were sold at an average price of $54.14, for a total transaction of $164,477.32.
- On Tuesday, March 17th, John Alexander Young sold 4,577 shares of Ambarella stock. The shares were sold at an average price of $52.77, for a total transaction of $241,528.29.
Ambarella Price Performance
Shares of NASDAQ AMBA opened at $91.84 on Friday. The company has a 50 day simple moving average of $65.50 and a 200 day simple moving average of $68.42. The firm has a market cap of $4.03 billion, a PE ratio of -51.60 and a beta of 2.17. Ambarella, Inc. has a 1 year low of $48.30 and a 1 year high of $96.69.
Ambarella (NASDAQ:AMBA - Get Free Report) last issued its quarterly earnings data on Thursday, May 28th. The semiconductor company reported $0.11 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.11. The business had revenue of $100.36 million during the quarter, compared to analyst estimates of $100.12 million. Ambarella had a negative net margin of 19.42% and a negative return on equity of 12.16%. The firm's quarterly revenue was up 16.9% on a year-over-year basis. During the same quarter last year, the business earned $0.07 EPS. As a group, research analysts anticipate that Ambarella, Inc. will post -1.27 earnings per share for the current fiscal year.
Trending Headlines about Ambarella
Here are the key news stories impacting Ambarella this week:
- Positive Sentiment: Ambarella reported fiscal Q1 revenue of $100.4 million, up 16.9% year over year, with EPS of $0.11 matching estimates and revenue slightly topping expectations, suggesting execution remains on track. Ambarella (AMBA) Meets Q1 Earnings Estimates
- Positive Sentiment: The company also guided Q2 revenue to $105 million-$111 million, which was above the consensus view at the midpoint, helping support the stock’s move. Ambarella outlines $105M-$111M Q2 revenue while Hanwha agreement targets $800M+ over 10+ years
- Positive Sentiment: Ambarella announced a long-term edge-AI agreement with Hanwha that could generate more than $800 million in potential revenue over 10+ years, a meaningful validation of its platform and future demand outlook. Hanwha and Ambarella Enter Into Long-Term Edge AI Agreement
- Positive Sentiment: Analysts turned more constructive after the report, with Needham’s Quinn Bolton reiterating Buy and raising his target to $100, while Bank of America’s Vivek Arya lifted his target to $96, both pointing to longer-dated edge-AI upside. Quinn Bolton Reiterates Buy on Ambarella, Sets $100 DCF-Based Price Target on Strengthening Auto, Robotics, and Long-Term Deal Momentum
- Neutral Sentiment: Ambarella’s CEO and CFO disclosed pre-arranged stock sales under 10b5-1 plans, which investors may view as routine rather than a major signal. MarketBeat AMBA insider transactions
Analyst Upgrades and Downgrades
AMBA has been the subject of a number of research reports. Consumer Edge reiterated a "buy" rating on shares of Ambarella in a report on Friday, May 22nd. Stifel Nicolaus set a $106.00 price objective on shares of Ambarella in a report on Friday. Rosenblatt Securities restated a "buy" rating and set a $115.00 price target on shares of Ambarella in a report on Tuesday. Finally, Bank of America restated a "neutral" rating on shares of Ambarella in a report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $96.75.
Get Our Latest Stock Analysis on Ambarella
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the company. Vanguard Personalized Indexing Management LLC grew its holdings in Ambarella by 3.2% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 4,537 shares of the semiconductor company's stock valued at $374,000 after buying an additional 142 shares in the last quarter. Arizona State Retirement System grew its holdings in Ambarella by 1.3% during the 3rd quarter. Arizona State Retirement System now owns 11,899 shares of the semiconductor company's stock valued at $982,000 after buying an additional 157 shares in the last quarter. Main Management ETF Advisors LLC grew its holdings in Ambarella by 1.0% during the 4th quarter. Main Management ETF Advisors LLC now owns 17,226 shares of the semiconductor company's stock valued at $1,220,000 after buying an additional 176 shares in the last quarter. National Bank of Canada FI grew its holdings in Ambarella by 18.9% during the 3rd quarter. National Bank of Canada FI now owns 1,146 shares of the semiconductor company's stock valued at $95,000 after buying an additional 182 shares in the last quarter. Finally, Pallas Capital Advisors LLC grew its holdings in Ambarella by 6.5% during the 4th quarter. Pallas Capital Advisors LLC now owns 3,109 shares of the semiconductor company's stock valued at $220,000 after buying an additional 190 shares in the last quarter. Institutional investors own 82.09% of the company's stock.
About Ambarella
(
Get Free Report)
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.
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