Insider Selling: Ambarella (NASDAQ:AMBA) CTO Sells $178,638.07 in Stock

Ambarella, Inc. (NASDAQ:AMBA) CTO Leslie Kohn sold 2,249 shares of the stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $79.43, for a total value of $178,638.07. Following the completion of the transaction, the chief technology officer directly owned 977,428 shares in the company, valued at $77,637,106.04. This trade represents a 0.23% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Ambarella Price Performance

NASDAQ:AMBA opened at $82.93 on Monday. The firm has a market capitalization of $3.54 billion, a PE ratio of -39.30 and a beta of 2.08. The business’s fifty day moving average price is $72.09 and its 200 day moving average price is $60.43. Ambarella, Inc. has a 12 month low of $38.86 and a 12 month high of $93.44.

Ambarella (NASDAQ:AMBA) last posted its earnings results on Thursday, August 28th. The semiconductor company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.05 by $0.10. The firm had revenue of $95.51 million for the quarter, compared to analyst estimates of $90.01 million. Ambarella had a negative return on equity of 14.73% and a negative net margin of 25.46%.Ambarella’s revenue for the quarter was up 49.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.13) earnings per share. Ambarella has set its Q3 2026 guidance at EPS. As a group, equities analysts anticipate that Ambarella, Inc. will post -2.81 EPS for the current year.

Institutional Investors Weigh In On Ambarella

Hedge funds and other institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC lifted its position in shares of Ambarella by 362.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 416 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 326 shares during the period. Total Investment Management Inc. acquired a new stake in shares of Ambarella during the 2nd quarter valued at approximately $30,000. Advisors Asset Management Inc. lifted its position in shares of Ambarella by 44.1% during the 1st quarter. Advisors Asset Management Inc. now owns 935 shares of the semiconductor company’s stock valued at $47,000 after acquiring an additional 286 shares during the period. Virtus Advisers LLC acquired a new stake in shares of Ambarella during the 2nd quarter valued at approximately $49,000. Finally, Banque Transatlantique SA acquired a new stake in shares of Ambarella during the 1st quarter valued at approximately $50,000. 82.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on AMBA shares. Summit Insights raised Ambarella from a “hold” rating to a “buy” rating in a report on Friday, August 29th. Stifel Nicolaus raised their price objective on Ambarella from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Susquehanna raised their price objective on Ambarella from $80.00 to $90.00 and gave the stock a “positive” rating in a report on Tuesday, July 22nd. Roth Capital reaffirmed a “neutral” rating on shares of Ambarella in a report on Friday, August 29th. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of Ambarella in a report on Friday, August 29th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $93.88.

About Ambarella

Ambarella, Inc develops semiconductor solutions that enable high-definition (HD) and ultra HD compression, image signal processing, and artificial intelligence processing worldwide. The company's system-on-a-chip designs integrated HD video processing, image processing, artificial intelligence computer vision algorithms, audio processing, and system functions onto a single chip for delivering video and image quality, differentiated functionality, and low power consumption.