Headlines about Ambarella (NASDAQ:AMBA) have trended somewhat positive on Thursday, Accern Sentiment reports. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ambarella earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media stories about the semiconductor company an impact score of 44.6539245665381 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the media stories that may have impacted Accern’s scoring:

Several equities research analysts have recently weighed in on the company. Needham & Company LLC reissued a “hold” rating on shares of Ambarella in a research report on Friday, December 1st. Oppenheimer reissued a “hold” rating on shares of Ambarella in a research report on Friday, December 1st. BidaskClub lowered Ambarella from a “hold” rating to a “sell” rating in a research report on Thursday, December 7th. Morgan Stanley raised their target price on Ambarella from $60.00 to $65.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 13th. Finally, Vetr raised Ambarella from a “hold” rating to a “buy” rating and set a $61.51 price target on the stock in a research report on Tuesday, December 5th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $59.15.

Ambarella (AMBA) opened at $58.51 on Thursday. The company has a market capitalization of $1,950.00, a P/E ratio of 55.40, a price-to-earnings-growth ratio of 5.63 and a beta of 1.57. Ambarella has a 12-month low of $40.06 and a 12-month high of $65.39.

Ambarella (NASDAQ:AMBA) last released its quarterly earnings results on Thursday, November 30th. The semiconductor company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.67 by $0.08. The company had revenue of $89.06 million for the quarter, compared to analyst estimates of $89.41 million. Ambarella had a return on equity of 7.87% and a net margin of 11.51%. The firm’s revenue was down 11.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.11 earnings per share. research analysts predict that Ambarella will post 0.7 earnings per share for the current fiscal year.

In other Ambarella news, VP Christopher Day sold 2,618 shares of Ambarella stock in a transaction that occurred on Friday, September 29th. The stock was sold at an average price of $49.15, for a total value of $128,674.70. Following the transaction, the vice president now directly owns 20,377 shares in the company, valued at approximately $1,001,529.55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Feng-Ming Wang sold 8,851 shares of Ambarella stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $57.69, for a total value of $510,614.19. Following the completion of the transaction, the chief executive officer now owns 293,267 shares in the company, valued at $16,918,573.23. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 34,736 shares of company stock worth $2,008,570. 5.80% of the stock is currently owned by corporate insiders.

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Ambarella Company Profile

Ambarella, Inc offers semiconductor processing solutions for video that enable high-definition (HD), video capture, sharing and display. The Company operates through the development and sale of low-power, high-definition video products segment. Its system-on-a-chip designs incorporate HD video processing, image processing, audio processing and system functions onto a single chip.

Insider Buying and Selling by Quarter for Ambarella (NASDAQ:AMBA)

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