Ambarella, Inc. $AMBA Shares Sold by KBC Group NV

KBC Group NV cut its holdings in shares of Ambarella, Inc. (NASDAQ:AMBA) by 2.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,795 shares of the semiconductor company’s stock after selling 571 shares during the period. KBC Group NV owned approximately 0.05% of Ambarella worth $1,440,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Nuveen LLC acquired a new position in Ambarella in the first quarter worth approximately $32,169,000. Jacobs Levy Equity Management Inc. boosted its stake in shares of Ambarella by 1,635.4% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 647,788 shares of the semiconductor company’s stock worth $32,603,000 after acquiring an additional 610,460 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Ambarella by 88.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,232,272 shares of the semiconductor company’s stock worth $62,020,000 after acquiring an additional 579,917 shares in the last quarter. Fuller & Thaler Asset Management Inc. grew its holdings in shares of Ambarella by 25.6% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 910,911 shares of the semiconductor company’s stock worth $45,846,000 after acquiring an additional 185,444 shares during the last quarter. Finally, Woodline Partners LP raised its position in shares of Ambarella by 67.6% during the first quarter. Woodline Partners LP now owns 441,385 shares of the semiconductor company’s stock worth $22,215,000 after purchasing an additional 178,052 shares during the period. 82.09% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Ambarella

In related news, CEO Feng-Ming Wang sold 4,928 shares of Ambarella stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $79.43, for a total transaction of $391,431.04. Following the completion of the sale, the chief executive officer owned 788,929 shares of the company’s stock, valued at approximately $62,664,630.47. This trade represents a 0.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO John Alexander Young sold 2,566 shares of the business’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 completion of the transaction, the chief financial officer owned 109,108 shares in the company, valued at $8,666,448.44. This trade represents a 2.30% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 35,227 shares of company stock worth $2,875,131 over the last 90 days. 5.30% of the stock is currently owned by insiders.

Ambarella Price Performance

NASDAQ AMBA opened at $87.84 on Monday. The firm has a market capitalization of $3.75 billion, a price-to-earnings ratio of -41.63 and a beta of 2.14. The company has a 50 day simple moving average of $84.58 and a 200-day simple moving average of $70.91. Ambarella, Inc. has a 52-week low of $38.86 and a 52-week high of $96.69.

Ambarella (NASDAQ:AMBA) last announced its quarterly earnings data on Thursday, August 28th. The semiconductor company reported $0.15 EPS for the quarter, beating 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 the consensus estimate of $90.01 million. During the same period in the previous year, the firm posted ($0.13) earnings per share. The firm’s revenue was up 49.9% on a year-over-year basis. Ambarella has set its Q3 2026 guidance at EPS. On average, analysts predict that Ambarella, Inc. will post -2.81 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on AMBA. Susquehanna upped their target price on Ambarella from $80.00 to $90.00 and gave the company a “positive” rating in a report on Tuesday, July 22nd. Morgan Stanley upped their price objective on shares of Ambarella from $80.00 to $96.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. Roth Capital reiterated a “neutral” rating on shares of Ambarella in a report on Friday, August 29th. Needham & Company LLC boosted their price target on shares of Ambarella from $90.00 to $100.00 and gave the company a “buy” rating in a report on Friday, August 29th. Finally, Rosenblatt Securities upped their price target 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. 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 given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $93.88.

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.