12,800 Shares in Ambarella, Inc. $AMBA Purchased by Versor Investments LP

Versor Investments LP purchased a new position in Ambarella, Inc. (NASDAQ:AMBA) during the 2nd quarter, Holdings Channel reports. The fund purchased 12,800 shares of the semiconductor company’s stock, valued at approximately $846,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Emerald Advisers LLC purchased a new position in Ambarella during the 2nd quarter valued at about $235,000. Y Intercept Hong Kong Ltd boosted its stake in Ambarella by 155.7% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 19,609 shares of the semiconductor company’s stock worth $1,295,000 after purchasing an additional 11,941 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Ambarella by 32.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 62,174 shares of the semiconductor company’s stock worth $4,107,000 after purchasing an additional 15,222 shares in the last quarter. State of New Jersey Common Pension Fund D boosted its stake in Ambarella by 16.9% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 29,830 shares of the semiconductor company’s stock worth $1,971,000 after purchasing an additional 4,322 shares in the last quarter. Finally, Asset Management One Co. Ltd. lifted its stake in Ambarella by 268.8% during the 2nd quarter. Asset Management One Co. Ltd. now owns 5,407 shares of the semiconductor company’s stock valued at $357,000 after acquiring an additional 3,941 shares during the period. Hedge funds and other institutional investors own 82.09% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on AMBA shares. Weiss Ratings restated 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 report on Friday, August 29th. Northland Securities upped their target price on shares of Ambarella from $75.00 to $95.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Rosenblatt Securities upped their target price on shares of Ambarella from $95.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Finally, Morgan Stanley boosted their price target on shares of Ambarella from $80.00 to $96.00 and gave the company an “overweight” rating in a research report on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have given 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 price target of $93.88.

Insider Activity

In related news, COO Chan W. Lee sold 1,947 shares of the stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $79.43, for a total transaction of $154,650.21. Following the completion of the sale, the chief operating officer directly owned 126,972 shares of the company’s stock, valued at $10,085,385.96. This trade represents a 1.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Elizabeth M. Schwarting sold 2,664 shares of the firm’s 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 completion of the sale, the director directly owned 7,314 shares of the company’s stock, valued at approximately $624,469.32. This trade represents a 26.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 35,227 shares of company stock valued at $2,875,131. 5.30% of the stock is currently owned by company insiders.

Ambarella Price Performance

Shares of NASDAQ:AMBA opened at $85.23 on Monday. The firm has a market capitalization of $3.64 billion, a PE ratio of -40.39 and a beta of 2.10. The firm’s 50-day moving average is $82.15 and its two-hundred day moving average is $67.77. Ambarella, Inc. has a 1 year low of $38.86 and a 1 year high of $93.44.

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

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.