Tributary Capital Management LLC Has $14.86 Million Holdings in Ambarella, Inc. $AMBA

Tributary Capital Management LLC lessened its stake in shares of Ambarella, Inc. (NASDAQ:AMBA) by 6.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 224,856 shares of the semiconductor company’s stock after selling 15,559 shares during the period. Tributary Capital Management LLC owned about 0.53% of Ambarella worth $14,855,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Winslow Asset Management Inc. raised its holdings in Ambarella by 5.8% during the 1st quarter. Winslow Asset Management Inc. now owns 4,650 shares of the semiconductor company’s stock worth $234,000 after buying an additional 255 shares during the period. Advisors Asset Management Inc. raised its holdings 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 buying an additional 286 shares during the period. New York State Common Retirement Fund raised its holdings in Ambarella by 3.9% during the 1st quarter. New York State Common Retirement Fund now owns 12,803 shares of the semiconductor company’s stock worth $644,000 after buying an additional 478 shares during the period. KBC Group NV raised its holdings in Ambarella by 2.4% during the 1st quarter. KBC Group NV now owns 22,366 shares of the semiconductor company’s stock worth $1,126,000 after buying an additional 531 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Ambarella by 11.7% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 5,589 shares of the semiconductor company’s stock worth $281,000 after buying an additional 586 shares during the period. Institutional investors and hedge funds own 82.09% of the company’s stock.

Ambarella Price Performance

Shares of Ambarella stock opened at $79.79 on Thursday. The firm has a market capitalization of $3.41 billion, a PE ratio of -37.82 and a beta of 2.10. The company’s fifty day moving average price is $79.67 and its two-hundred day moving average price is $65.28. Ambarella, Inc. has a 52-week low of $38.86 and a 52-week high of $93.44.

Ambarella (NASDAQ:AMBA) last released its quarterly earnings data 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 firm had revenue of $95.51 million during the quarter, compared to analyst estimates of $90.01 million. During the same period in the prior year, the company posted ($0.13) earnings per share. The business’s revenue for the quarter was up 49.9% compared to the same quarter last year. Ambarella has set its Q3 2026 guidance at EPS. Analysts predict that Ambarella, Inc. will post -2.81 earnings per share for the current fiscal year.

Insider Activity

In other news, VP Chi-Hong Ju sold 6,156 shares of the firm’s stock in a transaction on Tuesday, October 14th. The stock was sold at an average price of $80.96, for a total value of $498,389.76. Following the completion of the sale, the vice president directly owned 158,874 shares in the company, valued at approximately $12,862,439.04. This trade represents a 3.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO John Alexander Young sold 2,566 shares of the firm’s stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $79.43, for a total value of $203,817.38. Following the completion of the sale, the chief financial officer owned 109,108 shares of the company’s stock, valued at approximately $8,666,448.44. This trade represents a 2.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 35,227 shares of company stock valued at $2,875,131. 5.30% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms have issued reports on AMBA. Morgan Stanley boosted their price objective on Ambarella from $80.00 to $96.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Susquehanna upped their target price on Ambarella from $80.00 to $90.00 and gave the company a “positive” rating in a report on Tuesday, July 22nd. Bank of America increased their price objective on Ambarella from $63.00 to $90.00 and gave the stock a “neutral” rating in a report on Friday, August 29th. Stifel Nicolaus increased their price objective on Ambarella from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Finally, BNP Paribas raised Ambarella to a “strong-buy” rating in a research report on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $93.88.

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.