John Alexander Young Sells 400 Shares of Ambarella (NASDAQ:AMBA) Stock

Ambarella, Inc. (NASDAQ:AMBA) CFO John Alexander Young sold 400 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $96.00, for a total transaction of $38,400.00. Following the transaction, the chief financial officer owned 117,623 shares of the company’s stock, valued at approximately $11,291,808. This represents a 0.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John Alexander Young also recently made the following trade(s):

• On Tuesday, April 21st, John Alexander Young sold 1,971 shares of Ambarella stock. The stock was sold at an average price of $60.00, for a total transaction of $118,260.00.
• On Thursday, March 19th, John Alexander Young sold 3,038 shares of Ambarella stock. The stock was sold at an average price of $54.14, for a total transaction of $164,477.32.
• On Tuesday, March 17th, John Alexander Young sold 4,577 shares of Ambarella stock. The stock was sold at an average price of $52.77, for a total transaction of $241,528.29.

Ambarella Price Performance

AMBA stock traded up $1.26 during trading on Thursday, reaching $91.84. 2,782,386 shares of the company were exchanged, compared to its average volume of 987,034. The company has a 50-day moving average of $65.50 and a two-hundred day moving average of $68.42. The company has a market capitalization of $4.03 billion, a price-to-earnings ratio of -51.60 and a beta of 2.17. Ambarella, Inc. has a twelve month low of $48.30 and a twelve month high of $96.69.

Ambarella (NASDAQ:AMBA) last released its quarterly earnings data on Thursday, May 28th. The semiconductor company reported $0.11 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.11. The business had revenue of $100.36 million during the quarter, compared to analysts’ expectations of $100.12 million. Ambarella had a negative net margin of 19.42% and a negative return on equity of 12.16%. The firm’s quarterly revenue was up 16.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.07 EPS. On average, analysts forecast that Ambarella, Inc. will post -1.27 EPS for the current year.

Analysts Set New Price Targets

AMBA has been the subject of several recent research reports. Stifel Nicolaus set a $90.00 price target on shares of Ambarella in a research report on Friday, May 22nd. Consumer Edge restated a “buy” rating on shares of Ambarella in a research report on Friday, May 22nd. Finally, Rosenblatt Securities restated a “buy” rating and issued a $115.00 price target on shares of Ambarella in a research report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Ambarella has an average rating of “Moderate Buy” and an average price target of $94.75.

Institutional Investors Weigh In On Ambarella

Several large investors have recently modified their holdings of the company. Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in Ambarella by 290.4% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 58,428 shares of the semiconductor company’s stock worth $4,821,000 after acquiring an additional 43,461 shares in the last quarter. GSA Capital Partners LLP boosted its stake in Ambarella by 145.2% during the fourth quarter. GSA Capital Partners LLP now owns 24,800 shares of the semiconductor company’s stock worth $1,757,000 after acquiring an additional 14,685 shares in the last quarter. Exchange Traded Concepts LLC boosted its stake in Ambarella by 30.1% during the fourth quarter. Exchange Traded Concepts LLC now owns 353,101 shares of the semiconductor company’s stock worth $25,014,000 after acquiring an additional 81,668 shares in the last quarter. Leonteq Securities AG bought a new position in Ambarella during the fourth quarter worth $1,903,000. Finally, SG Capital Management LLC boosted its stake in Ambarella by 23.0% during the third quarter. SG Capital Management LLC now owns 232,713 shares of the semiconductor company’s stock worth $19,203,000 after acquiring an additional 43,492 shares in the last quarter. 82.09% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Ambarella

Here are the key news stories impacting Ambarella this week:

• Positive Sentiment: Ambarella announced a long-term edge AI agreement with Hanwha that management says could generate more than $800 million in potential revenue over time, boosting confidence in its growth pipeline. Hanwha and Ambarella Enter Into Long-Term Edge AI Agreement
• Positive Sentiment: The company’s first-quarter revenue increased 16.9% year over year to $100.4 million, showing continued demand for its edge AI semiconductor products. Ambarella, Inc. Announces First Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Ambarella met earnings expectations with quarterly EPS of $0.11, and several reports noted it narrowly topped estimates, suggesting results were at least stable relative to forecasts. Ambarella (AMBA) Meets Q1 Earnings Estimates
• Neutral Sentiment: The company’s second-quarter revenue guidance of $105 million to $111 million was roughly in line with Wall Street expectations, so the outlook was not a major surprise either way.
• Negative Sentiment: Despite the positive update, at least one market report said Ambarella stock fell after earnings, indicating investors may still be cautious about margins, profitability, or the near-term outlook. Edge AI Chipmaker Ambarella Narrowly Tops Q1 Estimates

Ambarella Company Profile

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.