Chi-Hong Ju Sells 6,156 Shares of Ambarella (NASDAQ:AMBA) Stock

Ambarella, Inc. (NASDAQ:AMBA) VP Chi-Hong Ju sold 6,156 shares of the stock in a transaction on Tuesday, October 14th. The shares were sold at an average price of $80.96, for a total value of $498,389.76. Following the sale, the vice president owned 158,874 shares of the company’s stock, valued at $12,862,439.04. This trade represents a 3.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Chi-Hong Ju also recently made the following trade(s):

• On Monday, October 13th, Chi-Hong Ju sold 5,057 shares of Ambarella stock. The shares were sold at an average price of $81.29, for a total value of $411,083.53.
• On Wednesday, September 17th, Chi-Hong Ju sold 1,168 shares of Ambarella stock. The shares were sold at an average price of $79.43, for a total value of $92,774.24.

Ambarella Stock Performance

Shares of NASDAQ:AMBA opened at $84.09 on Friday. Ambarella, Inc. has a one year low of $38.86 and a one year high of $93.44. The stock has a fifty day moving average of $78.42 and a 200-day moving average of $64.31. The company has a market capitalization of $3.59 billion, a PE ratio of -39.85 and a beta of 2.10.

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

Analyst Ratings Changes

AMBA has been the subject of several recent analyst reports. Stifel Nicolaus raised their target price on Ambarella from $80.00 to $90.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. BNP Paribas raised Ambarella to a “strong-buy” rating in a research report on Friday, August 29th. Northland Securities upped their target price on Ambarella from $75.00 to $95.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Oppenheimer reiterated a “market perform” rating on shares of Ambarella in a report on Friday, August 29th. Finally, Rosenblatt Securities upped their target price on Ambarella from $95.00 to $100.00 and gave the company a “buy” rating in a report on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Ambarella currently has a consensus rating of “Moderate Buy” and an average price target of $93.88.

Institutional Trading of Ambarella

Several hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Ambarella by 3.2% during the first quarter. Vanguard Group Inc. now owns 4,848,305 shares of the semiconductor company’s stock worth $244,015,000 after acquiring an additional 152,181 shares in the last quarter. State Street Corp increased its position in Ambarella by 8.9% during the second quarter. State Street Corp now owns 1,855,170 shares of the semiconductor company’s stock worth $122,562,000 after buying an additional 151,694 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in Ambarella by 4.0% during the second quarter. The Manufacturers Life Insurance Company now owns 1,371,511 shares of the semiconductor company’s stock worth $90,609,000 after buying an additional 52,954 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Ambarella by 88.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,232,272 shares of the semiconductor company’s stock worth $62,020,000 after buying an additional 579,917 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in Ambarella by 3.0% during the second quarter. Geode Capital Management LLC now owns 976,281 shares of the semiconductor company’s stock worth $64,505,000 after buying an additional 28,371 shares during the last quarter. 82.09% of the stock is currently owned by hedge funds and other institutional investors.

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.