Insider Selling: Ambarella (NASDAQ:AMBA) CFO Sells $38,400.00 in Stock

Ambarella, Inc. (NASDAQ:AMBA) CFO John Alexander Young sold 400 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $96.00, for a total value of $38,400.00. Following the sale, the chief financial officer owned 117,623 shares in the company, valued at $11,291,808. The trade was a 0.34% 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.

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 value 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 value 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 value of $241,528.29.

Ambarella Trading Down 21.4%

Shares of Ambarella stock opened at $72.18 on Friday. The business’s 50 day simple moving average is $65.86 and its 200-day simple moving average is $68.45. The stock has a market capitalization of $3.17 billion, a price-to-earnings ratio of -44.83 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 announced its quarterly earnings results on Thursday, May 28th. The semiconductor company reported $0.11 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.11. The business had revenue of $100.36 million for the quarter, compared to analysts’ expectations of $100.12 million. Ambarella had a negative return on equity of 11.02% and a negative net margin of 17.18%.The business’s quarterly revenue was up 16.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.07 EPS. Sell-side analysts predict that Ambarella, Inc. will post -1.27 earnings per share for the current year.

Hedge Funds Weigh In On Ambarella

Hedge funds have recently modified their holdings of the company. Universal Beteiligungs und Servicegesellschaft mbH increased its position in shares of Ambarella by 290.4% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 58,428 shares of the semiconductor company’s stock valued at $4,821,000 after purchasing an additional 43,461 shares during the period. GSA Capital Partners LLP increased its position in shares of Ambarella by 145.2% during the 4th quarter. GSA Capital Partners LLP now owns 24,800 shares of the semiconductor company’s stock valued at $1,757,000 after purchasing an additional 14,685 shares during the period. SBI Okasan Asset Management Co.Ltd. acquired a new position in shares of Ambarella during the 4th quarter valued at $1,345,000. Leonteq Securities AG acquired a new position in shares of Ambarella during the 4th quarter valued at $1,903,000. Finally, Exchange Traded Concepts LLC increased its position in shares of Ambarella by 30.1% during the 4th quarter. Exchange Traded Concepts LLC now owns 353,101 shares of the semiconductor company’s stock valued at $25,014,000 after purchasing an additional 81,668 shares during the period. 82.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AMBA has been the topic of several analyst reports. Susquehanna raised their target price on Ambarella from $80.00 to $110.00 and gave the company a “positive” rating in a research report on Friday. Rosenblatt Securities restated a “buy” rating and issued a $115.00 target price on shares of Ambarella in a research report on Tuesday, May 26th. Consumer Edge restated a “buy” rating on shares of Ambarella in a research report on Friday, May 22nd. Summit Insights cut Ambarella from a “buy” rating to a “hold” rating in a research report on Friday. Finally, 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 report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $99.75.

Key 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

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.