John Alexander Young Sells 400 Shares of Ambarella (NASDAQ:AMBA) 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 shares were sold at an average price of $96.00, for a total transaction of $38,400.00. Following the completion of the transaction, the chief financial officer directly owned 117,623 shares of the company’s stock, valued at approximately $11,291,808. The trade was a 0.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 shares were 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 shares were 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 shares were sold at an average price of $52.77, for a total transaction of $241,528.29.

Ambarella Price Performance

Shares of NASDAQ:AMBA opened at $72.18 on Friday. The company has a market cap of $3.17 billion, a price-to-earnings ratio of -44.83 and a beta of 2.17. The firm has a 50 day simple moving average of $65.86 and a 200 day simple moving average of $68.45. Ambarella, Inc. has a one year low of $48.30 and a one year high of $96.69.

Ambarella (NASDAQ:AMBA) last issued its quarterly earnings data on Thursday, May 28th. The semiconductor company reported $0.11 EPS for the quarter, meeting the consensus estimate of $0.11. The business had revenue of $100.36 million during the quarter, compared to the consensus estimate of $100.12 million. Ambarella had a negative net margin of 17.18% and a negative return on equity of 11.02%. The firm’s revenue was up 16.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.07 EPS. As a group, analysts expect that Ambarella, Inc. will post -1.27 EPS for the current year.

Institutional Investors Weigh In On Ambarella

Large investors have recently modified their holdings of the company. Essential Partners LLC increased its position in shares of Ambarella by 90.1% during the first quarter. Essential Partners LLC now owns 481 shares of the semiconductor company’s stock worth $25,000 after buying an additional 228 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of Ambarella by 362.2% during the second quarter. EverSource Wealth Advisors LLC now owns 416 shares of the semiconductor company’s stock worth $27,000 after buying an additional 326 shares during the period. Cassaday & Co Wealth Management LLC acquired a new stake in shares of Ambarella during the first quarter worth $30,000. Advisory Services Network LLC acquired a new stake in shares of Ambarella during the third quarter worth $33,000. Finally, Steward Partners Investment Advisory LLC increased its position in shares of Ambarella by 162.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 525 shares of the semiconductor company’s stock worth $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.

Trending Headlines about Ambarella

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

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on AMBA. Stifel Nicolaus set a $106.00 price target on shares of Ambarella in a research report on Friday. Susquehanna upped their price target on shares of 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 price target on shares of Ambarella in a research report on Tuesday. Consumer Edge restated a “buy” rating on shares of Ambarella in a research report on Friday, May 22nd. Finally, Summit Insights cut shares of Ambarella from a “buy” rating to a “hold” rating in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $99.75.

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.