Freemont Management S.A. Has $2.09 Million Position in Ambarella, Inc. $AMBA

Freemont Management S.A. lifted its stake in Ambarella, Inc. (NASDAQ:AMBA) by 27.9% during the second quarter, HoldingsChannel reports. The fund owned 31,600 shares of the semiconductor company’s stock after purchasing an additional 6,900 shares during the quarter. Freemont Management S.A.’s holdings in Ambarella were worth $2,088,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Winslow Asset Management Inc. grew its stake in Ambarella by 5.8% in the first quarter. Winslow Asset Management Inc. now owns 4,650 shares of the semiconductor company’s stock valued at $234,000 after purchasing an additional 255 shares in the last quarter. Advisors Asset Management Inc. lifted its holdings in shares of Ambarella by 44.1% during 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. New York State Common Retirement Fund grew its stake in shares of Ambarella by 3.9% in the 1st quarter. New York State Common Retirement Fund now owns 12,803 shares of the semiconductor company’s stock valued at $644,000 after buying an additional 478 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Ambarella by 8.7% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,721 shares of the semiconductor company’s stock worth $389,000 after buying an additional 615 shares during the last quarter. Finally, Larson Financial Group LLC raised its position in Ambarella by 111.9% during the first quarter. Larson Financial Group LLC now owns 1,195 shares of the semiconductor company’s stock valued at $60,000 after acquiring an additional 631 shares in the last quarter. Institutional investors and hedge funds own 82.09% of the company’s stock.

Analyst Upgrades and Downgrades

AMBA has been the subject of several recent research reports. BNP Paribas raised shares of Ambarella to a “strong-buy” rating in a research report on Friday, August 29th. Needham & Company LLC lifted their price objective on shares of Ambarella from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, August 29th. Summit Insights raised shares of Ambarella from a “hold” rating to a “buy” rating in a research report on Friday, August 29th. Morgan Stanley raised 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. Finally, Rosenblatt Securities upped their price target on Ambarella from $95.00 to $100.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Ambarella currently has a consensus rating of “Moderate Buy” and an average price target of $93.88.

Insider Activity

In other news, VP Chi-Hong Ju sold 6,156 shares of the company’s stock in a transaction that occurred on Tuesday, October 14th. The stock was sold at an average price of $80.96, for a total transaction of $498,389.76. Following the completion of the transaction, the vice president directly owned 158,874 shares in the company, valued at $12,862,439.04. The trade was a 3.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 $62,664,630.47. This represents a 0.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 35,227 shares of company stock worth $2,875,131 over the last 90 days. Company insiders own 5.70% of the company’s stock.

Ambarella Trading Down 1.0%

NASDAQ:AMBA opened at $89.67 on Friday. The firm has a market capitalization of $3.83 billion, a PE ratio of -42.50 and a beta of 2.14. Ambarella, Inc. has a 1 year low of $38.86 and a 1 year high of $94.79. The firm’s fifty day simple moving average is $83.50 and its 200 day simple moving average is $68.96.

Ambarella (NASDAQ:AMBA) last issued 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 company had revenue of $95.51 million for the quarter, compared to the consensus estimate of $90.01 million. Ambarella had a negative return on equity of 14.73% and a negative net margin of 25.46%.The firm’s revenue was up 49.9% compared to the same quarter last year. During the same period last year, the business posted ($0.13) earnings per share. Ambarella has set its Q3 2026 guidance at EPS. As a group, analysts anticipate that Ambarella, Inc. will post -2.81 EPS for the current fiscal year.

Ambarella Company 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.