6,654 Shares in Ambarella, Inc. $AMBA Bought by Ieq Capital LLC

Ieq Capital LLC acquired a new position in shares of Ambarella, Inc. (NASDAQ:AMBA) in the 1st quarter, HoldingsChannel reports. The fund acquired 6,654 shares of the semiconductor company’s stock, valued at approximately $335,000.

Other hedge funds have also recently bought and sold shares of the company. Rhumbline Advisers boosted its holdings in Ambarella by 4.0% in the 1st quarter. Rhumbline Advisers now owns 58,571 shares of the semiconductor company’s stock valued at $2,948,000 after purchasing an additional 2,249 shares during the period. Janney Montgomery Scott LLC boosted its holdings in Ambarella by 238.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 13,474 shares of the semiconductor company’s stock valued at $678,000 after purchasing an additional 9,491 shares during the period. GAMMA Investing LLC boosted its holdings in Ambarella by 6,804.3% in the 1st quarter. GAMMA Investing LLC now owns 16,156 shares of the semiconductor company’s stock valued at $813,000 after purchasing an additional 15,922 shares during the period. Principal Financial Group Inc. boosted its holdings in Ambarella by 61.8% in the 1st quarter. Principal Financial Group Inc. now owns 25,794 shares of the semiconductor company’s stock valued at $1,298,000 after purchasing an additional 9,857 shares during the period. Finally, Russell Investments Group Ltd. boosted its holdings in Ambarella by 232.6% in the 1st quarter. Russell Investments Group Ltd. now owns 75,169 shares of the semiconductor company’s stock valued at $3,783,000 after purchasing an additional 52,570 shares during the period. 82.09% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Ambarella news, Director Christopher B. Paisley sold 1,000 shares of the company’s stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $62.58, for a total transaction of $62,580.00. Following the sale, the director directly owned 39,281 shares of the company’s stock, 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 filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 5.30% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on AMBA shares. Summit Insights raised shares of Ambarella from a “hold” rating to a “buy” rating in a report on Friday, August 29th. Morgan Stanley lifted their target price on shares of Ambarella from $80.00 to $96.00 and gave the company an “overweight” rating in a research report on Friday, August 29th. Bank of America lifted their target price on shares of Ambarella from $63.00 to $90.00 and gave the company a “neutral” rating in a research report on Friday, August 29th. Roth Capital reiterated a “neutral” rating on shares of Ambarella in a research report on Friday, August 29th. Finally, Northland Securities lifted their target price on shares of Ambarella from $75.00 to $95.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Ambarella currently has an average rating of “Moderate Buy” and a consensus price target of $93.88.

Ambarella Trading Up 2.0%

Shares of Ambarella stock opened at $82.83 on Friday. The stock has a market capitalization of $3.54 billion, a price-to-earnings ratio of -39.26 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’s 50-day moving average price is $69.00 and its two-hundred day moving average price is $59.55.

Ambarella (NASDAQ:AMBA) last issued its quarterly earnings data on Thursday, August 28th. The semiconductor company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.10. The firm had revenue of $95.51 million for 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%. The company’s quarterly revenue was up 49.9% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.13) earnings per share. Ambarella has set its Q3 2026 guidance at EPS. As a group, equities research analysts predict that Ambarella, Inc. will post -2.81 EPS for the current year.

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.