Ambarella, Inc. (NASDAQ:AMBA – Get Free Report) CEO Feng-Ming Wang sold 32,500 shares of Ambarella stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $91.01, for a total value of $2,957,825.00. Following the transaction, the chief executive officer directly owned 806,061 shares in the company, valued at $73,359,611.61. The trade was a 3.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Feng-Ming Wang also recently made the following trade(s):
- On Thursday, March 19th, Feng-Ming Wang sold 8,083 shares of Ambarella stock. The stock was sold at an average price of $54.14, for a total value of $437,613.62.
- On Tuesday, March 17th, Feng-Ming Wang sold 18,976 shares of Ambarella stock. The stock was sold at an average price of $52.77, for a total value of $1,001,363.52.
- On Monday, March 2nd, Feng-Ming Wang sold 50,000 shares of Ambarella stock. The stock was sold at an average price of $60.80, for a total value of $3,040,000.00.
Ambarella Trading Down 21.4%
AMBA stock opened at $72.18 on Friday. The stock has a 50-day moving average price of $65.86 and a 200-day moving average price of $68.45. Ambarella, Inc. has a 1-year low of $48.30 and a 1-year high of $96.69. The firm has a market cap of $3.17 billion, a PE ratio of -44.83 and a beta of 2.17.
Analysts Set New Price Targets
AMBA has been the subject of several research analyst reports. Stifel Nicolaus set a $106.00 price objective on Ambarella in a research report on Friday. Consumer Edge reissued a “buy” rating on shares of Ambarella in a research report on Friday, May 22nd. Bank of America raised their target price on Ambarella from $72.00 to $96.00 and gave the company a “neutral” rating in a research note on Friday. Susquehanna raised their target price on Ambarella from $80.00 to $110.00 and gave the company a “positive” rating in a research note on Friday. Finally, Rosenblatt Securities restated a “buy” rating and issued a $115.00 target price on shares of Ambarella in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Ambarella has a consensus rating of “Moderate Buy” and a consensus price target of $99.75.
Read Our Latest Analysis on AMBA
More Ambarella News
Here are the key news stories impacting Ambarella this week:
- Positive Sentiment: Q1 revenue rose 16.9% year over year to $100.4 million and EPS matched expectations, showing solid execution. Ambarella (AMBA) Meets Q1 Earnings Estimates
- Positive Sentiment: The Hanwha edge-AI partnership could bring over $800 million in potential revenue over time, strengthening Ambarella’s long-term growth case. Hanwha and Ambarella Enter Into Long-Term Edge AI Agreement
- Positive Sentiment: Analysts such as Needham and Bank of America raised price targets, signaling continued optimism about Ambarella’s edge-AI and automotive opportunity. Quinn Bolton Reiterates Buy on Ambarella, Sets $100 DCF-Based Price Target on Strengthening Auto, Robotics, and Long-Term Deal Momentum
- Neutral Sentiment: Management announced a $50 million buyback, but investors seem focused more on the near-term outlook than capital return. Ambarella, Inc. Announces First Quarter Fiscal Year 2027 Financial Results
- Negative Sentiment: Second-quarter revenue guidance came in cautious, and supply-chain cost pressures raised concerns about demand and margins later in the year. Ambarella Stock Slides After Lackluster Q1 Results
- Negative Sentiment: Summit Insights downgraded Ambarella to Hold, which reinforced the post-earnings selloff. Summit Insights downgrade on Ambarella
Institutional Trading of Ambarella
Large investors have recently made changes to their positions in the company. Essential Partners LLC grew its stake in shares of Ambarella by 90.1% in the 1st quarter. Essential Partners LLC now owns 481 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 228 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of Ambarella by 362.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 416 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 326 shares during the period. Cassaday & Co Wealth Management LLC acquired a new stake in shares of Ambarella in the 1st quarter valued at about $30,000. Advisory Services Network LLC acquired a new stake in shares of Ambarella in the 3rd quarter valued at about $33,000. Finally, Steward Partners Investment Advisory LLC grew its stake in shares of Ambarella by 162.5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 525 shares of the semiconductor company’s stock valued at $37,000 after buying an additional 325 shares during the period. 82.09% of the stock is currently owned by institutional investors and hedge funds.
About Ambarella
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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