Headlines about Ambarella (NASDAQ:AMBA) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ambarella earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave news articles about the semiconductor company an impact score of 45.2512061764082 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the media stories that may have effected Accern’s scoring:

Ambarella (AMBA) opened at $54.67 on Friday. The firm has a market capitalization of $1,820.00, a price-to-earnings ratio of 52.57, a P/E/G ratio of 6.16 and a beta of 1.59. Ambarella has a 52-week low of $40.06 and a 52-week high of $66.23.

Ambarella (NASDAQ:AMBA) last posted its quarterly earnings results on Thursday, November 30th. The semiconductor company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.08. The firm had revenue of $89.06 million for the quarter, compared to analyst estimates of $89.41 million. Ambarella had a return on equity of 7.87% and a net margin of 11.51%. Ambarella’s quarterly revenue was down 11.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.11 earnings per share. equities research analysts anticipate that Ambarella will post 0.7 EPS for the current fiscal year.

A number of equities research analysts have recently issued reports on AMBA shares. BidaskClub raised Ambarella from a “sell” rating to a “hold” rating in a research report on Friday, January 5th. Morgan Stanley reaffirmed an “overweight” rating and set a $60.00 target price on shares of Ambarella in a research report on Wednesday, September 27th. Oppenheimer raised Ambarella from a “market perform” rating to a “buy” rating and set a $70.00 target price on the stock in a research report on Wednesday, January 3rd. KeyCorp reaffirmed a “hold” rating on shares of Ambarella in a research report on Friday, November 3rd. Finally, Vetr lowered Ambarella from a “buy” rating to a “hold” rating and set a $61.51 target price on the stock. in a research report on Thursday, December 28th. Nine analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $60.14.

In related news, VP Yun-Lung Chen sold 4,435 shares of the company’s stock in a transaction on Friday, December 29th. The stock was sold at an average price of $59.80, for a total transaction of $265,213.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Feng-Ming Wang sold 8,851 shares of the company’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $57.69, for a total value of $510,614.19. Following the transaction, the chief executive officer now directly owns 293,267 shares in the company, valued at $16,918,573.23. The disclosure for this sale can be found here. Insiders have sold 36,553 shares of company stock worth $2,145,108 over the last three months. 5.80% of the stock is owned by insiders.

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About Ambarella

Ambarella, Inc offers semiconductor processing solutions for video that enable high-definition (HD), video capture, sharing and display. The Company operates through the development and sale of low-power, high-definition video products segment. Its system-on-a-chip designs incorporate HD video processing, image processing, audio processing and system functions onto a single chip.

Insider Buying and Selling by Quarter for Ambarella (NASDAQ:AMBA)

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