OFI Invest Asset Management Decreases Holdings in Ambarella, Inc. $AMBA

OFI Invest Asset Management cut its holdings in shares of Ambarella, Inc. (NASDAQ:AMBA) by 3.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,974 shares of the semiconductor company’s stock after selling 411 shares during the quarter. OFI Invest Asset Management’s holdings in Ambarella were worth $791,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Advisors Asset Management Inc. raised its stake in shares of Ambarella by 44.1% during the first 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. Banque Transatlantique SA purchased a new position in shares of Ambarella during the first quarter worth approximately $50,000. Larson Financial Group LLC raised its stake in shares of Ambarella by 111.9% during the first quarter. Larson Financial Group LLC now owns 1,195 shares of the semiconductor company’s stock worth $60,000 after acquiring an additional 631 shares in the last quarter. Quarry LP raised its stake in shares of Ambarella by 611.5% during the first quarter. Quarry LP now owns 1,793 shares of the semiconductor company’s stock worth $90,000 after acquiring an additional 1,541 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ raised its stake in shares of Ambarella by 452.4% during the first quarter. Skandinaviska Enskilda Banken AB publ now owns 2,497 shares of the semiconductor company’s stock worth $126,000 after acquiring an additional 2,045 shares in the last quarter. 82.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Roth Capital reaffirmed a “neutral” rating on shares of Ambarella in a research note on Friday, August 29th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ambarella in a research note on Wednesday, October 8th. BNP Paribas raised shares of Ambarella to a “strong-buy” rating in a research note on Friday, August 29th. Summit Insights raised shares of Ambarella from a “hold” rating to a “buy” rating in a research note on Friday, August 29th. Finally, Rosenblatt Securities lifted their target price on shares of Ambarella from $95.00 to $100.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $93.88.

Ambarella Stock Down 13.5%

NASDAQ:AMBA opened at $72.88 on Monday. The stock has a market cap of $3.11 billion, a P/E ratio of -34.54 and a beta of 2.10. The firm’s fifty day simple moving average is $76.89 and its 200 day simple moving average is $63.61. Ambarella, Inc. has a twelve month low of $38.86 and a twelve month high of $93.44.

Ambarella (NASDAQ:AMBA) last released its quarterly earnings results on Thursday, August 28th. The semiconductor company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.10. The business 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 firm’s revenue for the quarter was up 49.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.13) earnings per share. Ambarella has set its Q3 2026 guidance at EPS. On average, analysts expect that Ambarella, Inc. will post -2.81 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Elizabeth M. Schwarting sold 2,664 shares of Ambarella stock in a transaction on Monday, October 6th. The shares were sold at an average price of $85.38, for a total value of $227,452.32. Following the sale, the director owned 7,314 shares in the company, valued at $624,469.32. The trade was a 26.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Chi-Hong Ju sold 1,168 shares of the company’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $79.43, for a total transaction of $92,774.24. Following the completion of the sale, the vice president directly owned 170,087 shares in the company, valued at $13,510,010.41. This represents a 0.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 24,014 shares of company stock valued at $1,965,658 over the last quarter. 5.70% of the stock is owned by company insiders.

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.