Ambarella, Inc. $AMBA Shares Purchased by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D boosted its stake in Ambarella, Inc. (NASDAQ:AMBA) by 16.9% in the 2nd quarter, Holdings Channel reports. The firm owned 29,830 shares of the semiconductor company’s stock after buying an additional 4,322 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Ambarella were worth $1,971,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Advisors Asset Management Inc. boosted its position in Ambarella by 44.1% in the 1st quarter. Advisors Asset Management Inc. now owns 935 shares of the semiconductor company’s stock valued at $47,000 after buying an additional 286 shares during the last quarter. Banque Transatlantique SA purchased a new position in Ambarella in the 1st quarter valued at about $50,000. Larson Financial Group LLC boosted its position in Ambarella by 111.9% in the 1st quarter. Larson Financial Group LLC now owns 1,195 shares of the semiconductor company’s stock valued at $60,000 after buying an additional 631 shares during the last quarter. Quarry LP boosted its position in Ambarella by 611.5% in the 1st quarter. Quarry LP now owns 1,793 shares of the semiconductor company’s stock valued at $90,000 after buying an additional 1,541 shares during the last quarter. Finally, Skandinaviska Enskilda Banken AB publ boosted its position in Ambarella by 452.4% in the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 2,497 shares of the semiconductor company’s stock valued at $126,000 after buying an additional 2,045 shares during the last quarter. 82.09% of the stock is currently owned by institutional investors and hedge funds.

Ambarella Stock Performance

NASDAQ:AMBA opened at $84.68 on Friday. The company has a market capitalization of $3.61 billion, a price-to-earnings ratio of -40.13 and a beta of 2.10. Ambarella, Inc. has a one year low of $38.86 and a one year high of $93.44. The stock has a 50-day simple moving average of $81.88 and a 200 day simple moving average of $67.17.

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

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Rosenblatt Securities upped their price objective on shares of Ambarella from $95.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Weiss Ratings reissued a “sell (d-)” rating on shares of Ambarella in a research report on Wednesday, October 8th. Northland Securities upped their price objective on shares of Ambarella from $75.00 to $95.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Morgan Stanley boosted their target price on shares of Ambarella from $80.00 to $96.00 and gave the stock an “overweight” rating in a research report on Friday, August 29th. Finally, Bank of America boosted their target price on shares of Ambarella from $63.00 to $90.00 and gave the stock a “neutral” rating in a research 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 assigned a Sell rating to the company. According to data from MarketBeat, Ambarella has an average rating of “Moderate Buy” and a consensus price target of $93.88.

Insider Transactions at Ambarella

In other Ambarella news, CFO John Alexander Young sold 2,566 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $79.43, for a total value of $203,817.38. Following the transaction, the chief financial officer owned 109,108 shares of the company’s stock, valued at $8,666,448.44. This trade represents a 2.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Elizabeth M. Schwarting sold 2,664 shares of the firm’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $85.38, for a total transaction of $227,452.32. Following the completion of the transaction, the director directly owned 7,314 shares in the company, valued at $624,469.32. This represents a 26.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 35,227 shares of company stock valued at $2,875,131 over the last ninety days. Insiders own 5.30% of the company’s stock.

Ambarella 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.