Segall Bryant & Hamill LLC Buys 35,314 Shares of Ambarella, Inc. $AMBA

Segall Bryant & Hamill LLC raised its stake in Ambarella, Inc. (NASDAQ:AMBA) by 11.4% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 344,834 shares of the semiconductor company’s stock after buying an additional 35,314 shares during the period. Segall Bryant & Hamill LLC’s holdings in Ambarella were worth $22,781,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Franklin Resources Inc. raised its stake in shares of Ambarella by 0.6% during the second quarter. Franklin Resources Inc. now owns 42,506 shares of the semiconductor company’s stock valued at $2,808,000 after acquiring an additional 249 shares in the last quarter. Advisors Asset Management Inc. grew its stake in Ambarella by 44.1% in the first quarter. Advisors Asset Management Inc. now owns 935 shares of the semiconductor company’s stock worth $47,000 after purchasing an additional 286 shares in the last quarter. Swiss National Bank increased its holdings in Ambarella by 0.4% during the 2nd quarter. Swiss National Bank now owns 77,033 shares of the semiconductor company’s stock worth $5,089,000 after purchasing an additional 300 shares during the period. PNC Financial Services Group Inc. increased its holdings in Ambarella by 7.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,630 shares of the semiconductor company’s stock worth $306,000 after purchasing an additional 313 shares during the period. Finally, New York State Common Retirement Fund raised its position in Ambarella by 3.9% during 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 purchasing an additional 478 shares in the last quarter. 82.09% of the stock is currently owned by institutional investors.

Ambarella Stock Performance

Shares of Ambarella stock opened at $86.14 on Friday. The company has a market capitalization of $3.68 billion, a PE ratio of -40.82 and a beta of 2.14. The company has a 50-day simple moving average of $84.75 and a two-hundred day simple moving average of $71.84. Ambarella, Inc. has a one year low of $38.86 and a one year high of $96.69.

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

Insider Buying and Selling

In other Ambarella news, CTO Leslie Kohn sold 2,249 shares of Ambarella stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $79.43, for a total value of $178,638.07. Following the transaction, the chief technology officer directly owned 977,428 shares of the company’s stock, valued at approximately $77,637,106.04. The trade was a 0.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Chan W. Lee sold 1,947 shares of the company’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $79.43, for a total value of $154,650.21. Following the transaction, the chief operating officer directly owned 126,972 shares in the company, valued at approximately $10,085,385.96. The trade was a 1.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 35,227 shares of company stock valued at $2,875,131 over the last quarter. Insiders own 5.30% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Summit Insights raised Ambarella from a “hold” rating to a “buy” rating in a research report on Friday, August 29th. Roth Capital restated a “neutral” rating on shares of Ambarella in a report on Friday, August 29th. Needham & Company LLC increased their target price on shares of Ambarella from $90.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Oppenheimer reissued a “market perform” rating on shares of Ambarella in a research report on Friday, August 29th. Finally, Bank of America boosted their price target on shares of Ambarella from $63.00 to $90.00 and gave the company a “neutral” rating in a report on Friday, August 29th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus 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.