Ambarella, Inc. $AMBA Holdings Trimmed by MetLife Investment Management LLC

MetLife Investment Management LLC trimmed its position in shares of Ambarella, Inc. (NASDAQ:AMBA) by 1.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 22,505 shares of the semiconductor company’s stock after selling 387 shares during the period. MetLife Investment Management LLC’s holdings in Ambarella were worth $1,133,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Ambarella by 3.2% during the 1st quarter. Vanguard Group Inc. now owns 4,848,305 shares of the semiconductor company’s stock worth $244,015,000 after purchasing an additional 152,181 shares in the last quarter. Millennium Management LLC grew its position in Ambarella by 11.5% during the 4th quarter. Millennium Management LLC now owns 1,394,192 shares of the semiconductor company’s stock worth $101,414,000 after purchasing an additional 144,268 shares in the last quarter. Fuller & Thaler Asset Management Inc. grew its position in Ambarella by 25.6% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 910,911 shares of the semiconductor company’s stock worth $45,846,000 after purchasing an additional 185,444 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Ambarella in the first quarter worth approximately $32,169,000. Finally, Robeco Schweiz AG lifted its position in shares of Ambarella by 52.5% in the first quarter. Robeco Schweiz AG now owns 419,120 shares of the semiconductor company’s stock worth $21,094,000 after purchasing an additional 144,200 shares in the last quarter. 82.09% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on AMBA. Oppenheimer reissued a “market perform” rating on shares of Ambarella 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. 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. BNP Paribas upgraded shares of Ambarella to a “strong-buy” rating in a report on Friday, August 29th. Finally, Summit Insights upgraded shares of Ambarella from a “hold” rating to a “buy” rating in a report on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Ambarella presently has an average rating of “Moderate Buy” and an average price target of $93.88.

Insider Transactions at Ambarella

In related news, Director Christopher B. Paisley sold 1,000 shares of the company’s stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $62.58, for a total value of $62,580.00. Following the completion of the sale, the director directly owned 39,281 shares in the company, valued at approximately $2,458,204.98. This represents a 2.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 5.30% of the company’s stock.

Ambarella Trading Up 2.4%

Shares of NASDAQ:AMBA opened at $81.19 on Friday. The stock has a market capitalization of $3.44 billion, a PE ratio of -38.48 and a beta of 2.09. Ambarella, Inc. has a 1 year low of $38.86 and a 1 year high of $93.44. The firm has a fifty day moving average price of $68.68 and a 200 day moving average price of $59.54.

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 during the quarter, compared to analysts’ expectations of $90.01 million. Ambarella had a negative net margin of 25.46% and a negative return on equity of 14.82%. Ambarella’s revenue for the quarter was up 49.9% on a year-over-year basis. During the same period in the prior year, the company posted ($0.13) earnings per share. Ambarella has set its Q3 2026 guidance at EPS. On average, sell-side analysts forecast that Ambarella, Inc. will post -2.81 earnings per share for the current fiscal year.

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.