Key Points
- Ambarella CEO Feng-Ming Wang sold 16,250 shares on July 1 at an average price of $90.08, totaling about $1.46 million. The sale was made under a pre-arranged Rule 10b5-1 trading plan and reduced his ownership by 2.06%.
- Wang has also sold shares recently in separate transactions on June 17 and May 26, adding to a pattern of insider selling. The article notes that other insiders have also sold shares, which may weigh on sentiment despite the planned nature of the trades.
- Ambarella’s latest earnings showed revenue growth of 16.9% year over year to $100.36 million, while earnings matched estimates at $0.11 per share. Analysts remain generally constructive, with a consensus Moderate Buy rating and average price target of $100.50.
Ambarella, Inc. (NASDAQ:AMBA - Get Free Report) VP Chi-Hong Ju sold 10,000 shares of Ambarella stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $88.84, for a total transaction of $888,400.00. Following the transaction, the vice president directly owned 155,924 shares in the company, valued at $13,852,288.16. This represents a 6.03% 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 Wednesday, June 17th, Chi-Hong Ju sold 2,017 shares of Ambarella stock. The shares were sold at an average price of $67.87, for a total value of $136,893.79.
Ambarella Trading Down 11.3%
AMBA stock opened at $78.36 on Friday. The stock's fifty day simple moving average is $73.66 and its two-hundred day simple moving average is $66.46. The stock has a market cap of $3.44 billion, a P/E ratio of -48.67 and a beta of 2.11. 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 posted its quarterly earnings data on Thursday, May 28th. The semiconductor company reported $0.11 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.11. Ambarella had a negative net margin of 17.18% and a negative return on equity of 10.94%. The business had revenue of $100.36 million during the quarter, compared to the consensus estimate of $100.12 million. During the same quarter last year, the company posted $0.07 earnings per share. The firm's quarterly revenue was up 16.9% compared to the same quarter last year. As a group, analysts forecast that Ambarella, Inc. will post -1.13 earnings per share for the current fiscal year.
Institutional Trading of Ambarella
Large investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its position in Ambarella by 2.1% during the 1st quarter. Royal Bank of Canada now owns 64,744 shares of the semiconductor company's stock valued at $3,258,000 after acquiring an additional 1,307 shares in the last quarter. Advisors Asset Management Inc. boosted 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 valued at $47,000 after purchasing an additional 286 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Ambarella by 126.6% in the 1st quarter. AQR Capital Management LLC now owns 84,871 shares of the semiconductor company's stock worth $4,272,000 after purchasing an additional 47,414 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of Ambarella by 34.6% in the 1st quarter. Empowered Funds LLC now owns 6,838 shares of the semiconductor company's stock worth $344,000 after purchasing an additional 1,758 shares in the last quarter. Finally, Intech Investment Management LLC raised its stake in shares of Ambarella by 48.1% in the first quarter. Intech Investment Management LLC now owns 25,586 shares of the semiconductor company's stock worth $1,288,000 after purchasing an additional 8,306 shares during the last quarter. Institutional investors own 82.09% of the company's stock.
Ambarella News Roundup
Here are the key news stories impacting Ambarella this week:
- Positive Sentiment: Ambarella reported fiscal Q1 2027 revenue of $100.4 million, up 16.9% year over year, with non-GAAP net profit of $5.0 million and record automotive sales, signaling improving demand for its AI-focused chips.
- Positive Sentiment: Rosenblatt named Ambarella a top pick for the second half of 2026 and highlighted it as a “physical AI” pure play, adding to bullish sentiment around the stock.
- Positive Sentiment: Management also guided for higher revenue next quarter, which supports expectations that momentum in its core end markets could continue.
- Neutral Sentiment: Ambarella shareholders recently re-elected directors, approved the auditor, and affirmed the equity plan at the annual meeting, a routine governance update with limited direct trading impact.
- Neutral Sentiment: The stock’s recent surge has made valuation look mixed, with some reports saying it appears fairly valued on a DCF basis but expensive on sales multiples after a sharp run-up.
- Negative Sentiment: Recent insider selling by CEO Feng-Ming Wang, VP Chi-Hong Ju, and director Christopher Paisley may weigh on sentiment, even though the sales were disclosed as part of pre-arranged trading plans.
Analysts Set New Price Targets
Several research analysts recently commented on AMBA shares. Northland Securities set a $101.00 price objective on shares of Ambarella in a report on Wednesday, June 17th. Bank of America boosted their price objective on Ambarella from $72.00 to $96.00 and gave the stock a "neutral" rating in a report on Friday, May 29th. Summit Insights cut shares of Ambarella from a "buy" rating to a "hold" rating in a research report on Friday, May 29th. Weiss Ratings reissued a "sell (e+)" rating on shares of Ambarella in a research note on Friday, June 26th. Finally, Susquehanna lifted their price target on shares of Ambarella from $80.00 to $110.00 and gave the stock a "positive" rating in a research note on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $100.50.
View Our Latest Report on Ambarella
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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