Intech Investment Management LLC Reduces Position in Ambarella, Inc. $AMBA

Intech Investment Management LLC trimmed its holdings in Ambarella, Inc. (NASDAQ:AMBA) by 11.9% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 22,543 shares of the semiconductor company’s stock after selling 3,043 shares during the quarter. Intech Investment Management LLC’s holdings in Ambarella were worth $1,489,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Ambarella by 3.2% during the 1st quarter. Vanguard Group Inc. now owns 4,848,305 shares of the semiconductor company’s stock valued at $244,015,000 after acquiring an additional 152,181 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of 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 valued at $62,020,000 after purchasing an additional 579,917 shares during the last quarter. Geode Capital Management LLC lifted 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 valued at $64,505,000 after purchasing an additional 28,371 shares during the period. Fuller & Thaler Asset Management Inc. boosted its holdings in Ambarella by 25.6% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 910,911 shares of the semiconductor company’s stock worth $45,846,000 after purchasing an additional 185,444 shares during the last quarter. Finally, Kodai Capital Management LP boosted its holdings in Ambarella by 16.2% in the first quarter. Kodai Capital Management LP now owns 904,536 shares of the semiconductor company’s stock worth $45,525,000 after purchasing an additional 125,983 shares during the last quarter. Institutional investors own 82.09% of the company’s stock.

Ambarella Stock Performance

Shares of Ambarella stock opened at $86.14 on Friday. The stock has a market cap of $3.68 billion, a P/E ratio of -40.82 and a beta of 2.14. The stock’s fifty day moving average is $84.75 and its 200 day moving average is $71.99. Ambarella, Inc. has a one year low of $38.86 and a one year high of $96.69.

Ambarella (NASDAQ:AMBA) last released its quarterly earnings results on Thursday, August 28th. The semiconductor company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.10. The business had revenue of $95.51 million during 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% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.13) earnings per share. Ambarella has set its Q3 2026 guidance at EPS. Analysts predict that Ambarella, Inc. will post -2.81 EPS for the current year.

Insider Buying and Selling

In related news, CEO Feng-Ming Wang sold 4,928 shares of the stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $79.43, for a total value of $391,431.04. Following the completion of the sale, the chief executive officer directly owned 788,929 shares of the company’s stock, valued at approximately $62,664,630.47. This represents a 0.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CTO Leslie Kohn sold 2,249 shares of Ambarella stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $79.43, for a total transaction of $178,638.07. Following the transaction, the chief technology officer directly owned 977,428 shares in the company, valued at $77,637,106.04. This represents a 0.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 35,227 shares of company stock worth $2,875,131 in the last ninety days. Corporate insiders own 5.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on AMBA shares. Bank of America increased their price target on Ambarella from $63.00 to $90.00 and gave the company a “neutral” rating in a report on Friday, August 29th. BNP Paribas upgraded Ambarella to a “strong-buy” rating in a research note on Friday, August 29th. Morgan Stanley increased their target price on Ambarella from $80.00 to $96.00 and gave the company an “overweight” rating in a report on Friday, August 29th. Stifel Nicolaus increased their target price on Ambarella from $80.00 to $90.00 and gave the company a “buy” rating in a report on Friday, August 29th. Finally, Rosenblatt Securities raised their target price on Ambarella from $95.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target 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.