19,200 Shares in Ambarella, Inc. $AMBA Bought by SBI Okasan Asset Management Co.Ltd.

SBI Okasan Asset Management Co.Ltd. bought a new position in shares of Ambarella, Inc. (NASDAQ:AMBA) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 19,200 shares of the semiconductor company’s stock, valued at approximately $1,345,000.

Several other large investors have also added to or reduced their stakes in AMBA. Advisory Services Network LLC bought a new stake in Ambarella during the third quarter worth $33,000. EverSource Wealth Advisors LLC raised its position in Ambarella by 362.2% during the second quarter. EverSource Wealth Advisors LLC now owns 416 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 326 shares in the last quarter. Rothschild Investment LLC raised its position in Ambarella by 78.1% during the third quarter. Rothschild Investment LLC now owns 641 shares of the semiconductor company’s stock worth $53,000 after acquiring an additional 281 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in Ambarella during the fourth quarter worth $48,000. Finally, Quarry LP raised its position in Ambarella by 78.2% during the third quarter. Quarry LP now owns 793 shares of the semiconductor company’s stock worth $65,000 after acquiring an additional 348 shares in the last quarter. Institutional investors and hedge funds own 82.09% of the company’s stock.

Insider Buying and Selling at Ambarella

In related news, VP Chi-Hong Ju sold 4,729 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $52.77, for a total transaction of $249,549.33. Following the transaction, the vice president directly owned 164,166 shares of the company’s stock, valued at approximately $8,663,039.82. This trade represents a 2.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Feng-Ming Wang sold 50,000 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $60.80, for a total transaction of $3,040,000.00. Following the transaction, the chief executive officer directly owned 768,979 shares in the company, valued at approximately $46,753,923.20. This represents a 6.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 136,799 shares of company stock valued at $8,917,902 in the last three months. 4.50% of the stock is owned by insiders.

Analyst Ratings Changes

AMBA has been the topic of several analyst reports. Rosenblatt Securities reaffirmed a “buy” rating and set a $115.00 price target on shares of Ambarella in a research report on Tuesday. Stifel Nicolaus set a $90.00 price target on shares of Ambarella in a research report on Friday, May 22nd. Finally, Consumer Edge reaffirmed a “buy” rating on shares of Ambarella in a research report on Friday, May 22nd. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $94.75.

Ambarella News Summary

Here are the key news stories impacting Ambarella this week:

• Positive Sentiment: Ambarella reported fiscal Q1 revenue of $100.4 million, up 16.9% year over year, with EPS of $0.11 matching estimates and revenue slightly topping expectations, suggesting execution remains on track. Ambarella (AMBA) Meets Q1 Earnings Estimates
• Positive Sentiment: The company also guided Q2 revenue to $105 million-$111 million, which was above the consensus view at the midpoint, helping support the stock’s move. Ambarella outlines $105M-$111M Q2 revenue while Hanwha agreement targets $800M+ over 10+ years
• Positive Sentiment: Ambarella announced a long-term edge-AI agreement with Hanwha that could generate more than $800 million in potential revenue over 10+ years, a meaningful validation of its platform and future demand outlook. Hanwha and Ambarella Enter Into Long-Term Edge AI Agreement
• Positive Sentiment: Analysts turned more constructive after the report, with Needham’s Quinn Bolton reiterating Buy and raising his target to $100, while Bank of America’s Vivek Arya lifted his target to $96, both pointing to longer-dated edge-AI upside. Quinn Bolton Reiterates Buy on Ambarella, Sets $100 DCF-Based Price Target on Strengthening Auto, Robotics, and Long-Term Deal Momentum
• Neutral Sentiment: Ambarella’s CEO and CFO disclosed pre-arranged stock sales under 10b5-1 plans, which investors may view as routine rather than a major signal. MarketBeat AMBA insider transactions

Ambarella Price Performance

Shares of AMBA opened at $91.84 on Friday. The firm has a market capitalization of $4.03 billion, a PE ratio of -51.60 and a beta of 2.17. The company’s 50-day moving average is $65.50 and its 200-day moving average is $68.42. Ambarella, Inc. has a fifty-two week low of $48.30 and a fifty-two week high of $96.69.

Ambarella (NASDAQ:AMBA) last issued its quarterly earnings data on Thursday, May 28th. The semiconductor company reported $0.11 earnings per share for the quarter, meeting the consensus estimate of $0.11. The company had revenue of $100.36 million for the quarter, compared to analyst estimates of $100.12 million. Ambarella had a negative net margin of 19.42% and a negative return on equity of 12.16%. The company’s revenue was up 16.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.07 earnings per share. Analysts predict that Ambarella, Inc. will post -1.27 earnings per share for the current fiscal year.

About Ambarella

Ambarella, Inc is a global semiconductor company headquartered in Santa Clara, California, specializing in video compression, image processing and computer vision technologies. The company designs low-power, high-definition system-on-chip (SoC) solutions that enable the capture, processing and streaming of video in a variety of embedded applications. Ambarella’s platforms combine advanced video encoding, multi-core central processing units and hardware accelerators to deliver high-resolution imaging with low power consumption.

Ambarella’s product portfolio caters to multiple markets, including security and surveillance, automotive vision, wearable cameras, drones and robotics.