Ambarella (NASDAQ:AMBA) Director Elizabeth Schwarting Sells 2,664 Shares

Ambarella, Inc. (NASDAQ:AMBA) Director Elizabeth Schwarting sold 2,664 shares of the company’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $85.38, for a total transaction of $227,452.32. Following the completion of the transaction, the director owned 7,314 shares in the company, valued at approximately $624,469.32. This trade represents a 26.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Ambarella Stock Up 4.2%

NASDAQ AMBA opened at $85.03 on Thursday. The company has a market capitalization of $3.63 billion, a P/E ratio of -40.30 and a beta of 2.10. Ambarella, Inc. has a 12-month low of $38.86 and a 12-month high of $93.44. The firm has a 50-day moving average price of $76.34 and a two-hundred day moving average price of $63.15.

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

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on AMBA shares. Summit Insights raised shares of Ambarella from a “hold” rating to a “buy” rating in a report on Friday, August 29th. BNP Paribas raised shares of Ambarella to a “strong-buy” rating in a report on Friday, August 29th. Morgan Stanley upped their price target on shares of Ambarella from $80.00 to $96.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Needham & Company LLC upped their price target on shares of Ambarella from $90.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Finally, Rosenblatt Securities upped their price target on shares of Ambarella from $95.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $93.88.

Hedge Funds Weigh In On Ambarella

Institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC increased its position in Ambarella by 362.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 416 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 326 shares in the last quarter. Total Investment Management Inc. acquired a new position in Ambarella during the 2nd quarter worth approximately $30,000. Advisors Asset Management Inc. increased its position in Ambarella by 44.1% during the 1st quarter. Advisors Asset Management Inc. now owns 935 shares of the semiconductor company’s stock worth $47,000 after purchasing an additional 286 shares in the last quarter. Virtus Advisers LLC acquired a new position in Ambarella during the 2nd quarter worth approximately $49,000. Finally, Banque Transatlantique SA acquired a new position in Ambarella during the 1st quarter worth approximately $50,000. 82.09% of the stock is currently owned by institutional investors and hedge funds.

Ambarella Company Profile

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.