Ambarella (NASDAQ:AMBA) VP Sells $498,389.76 in Stock

Ambarella, Inc. (NASDAQ:AMBA) VP Chi-Hong Ju sold 6,156 shares of the business’s stock in a transaction that occurred on Tuesday, October 14th. The shares were sold at an average price of $80.96, for a total value of $498,389.76. Following the sale, the vice president owned 158,874 shares of the company’s stock, valued at approximately $12,862,439.04. This represents a 3.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Monday, October 13th, Chi-Hong Ju sold 5,057 shares of Ambarella stock. The shares were sold at an average price of $81.29, for a total value of $411,083.53.
• On Wednesday, September 17th, Chi-Hong Ju sold 1,168 shares of Ambarella stock. The shares were sold at an average price of $79.43, for a total value of $92,774.24.

Ambarella Stock Down 1.7%

NASDAQ AMBA opened at $82.68 on Friday. The business has a 50 day moving average price of $78.78 and a 200-day moving average price of $64.53. Ambarella, Inc. has a 52 week low of $38.86 and a 52 week high of $93.44. The company has a market cap of $3.53 billion, a price-to-earnings ratio of -39.18 and a beta of 2.10.

Ambarella (NASDAQ:AMBA) last announced its quarterly earnings results on Thursday, August 28th. The semiconductor company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.10. Ambarella had a negative return on equity of 14.73% and a negative net margin of 25.46%.The business had revenue of $95.51 million during the quarter, compared to the consensus estimate of $90.01 million. During the same quarter in the prior year, the company posted ($0.13) earnings per share. Ambarella’s revenue was up 49.9% compared to the same quarter last year. Ambarella has set its Q3 2026 guidance at EPS. On average, equities research analysts anticipate that Ambarella, Inc. will post -2.81 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Stifel Nicolaus upped their price target on Ambarella from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Bank of America upped their price target on Ambarella from $63.00 to $90.00 and gave the stock a “neutral” rating in a report on Friday, August 29th. Summit Insights upgraded Ambarella from a “hold” rating to a “buy” rating in a report on Friday, August 29th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ambarella in a report on Wednesday, October 8th. Finally, Susquehanna boosted their price objective on Ambarella from $80.00 to $90.00 and gave the stock a “positive” rating in a research report on Tuesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $93.88.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC boosted its position in Ambarella by 362.2% in the second quarter. EverSource Wealth Advisors LLC now owns 416 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 326 shares during the last quarter. Total Investment Management Inc. bought a new stake in Ambarella in the 2nd quarter valued at about $30,000. Advisors Asset Management Inc. lifted its holdings in Ambarella by 44.1% during the first 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. Virtus Advisers LLC purchased a new stake in Ambarella during the second quarter valued at about $49,000. Finally, Banque Transatlantique SA purchased a new stake in Ambarella during the first quarter valued at about $50,000. Hedge funds and other institutional investors own 82.09% of the company’s stock.

Ambarella Company Profile

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.