Tudor Investment Corp Et Al Makes New Investment in Ambarella, Inc. (NASDAQ:AMBA)

Tudor Investment Corp Et Al purchased a new position in Ambarella, Inc. (NASDAQ:AMBA – Get Rating) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 9,567 shares of the semiconductor company’s stock, valued at approximately $537,000.

Several other institutional investors also recently added to or reduced their stakes in AMBA. CWM LLC grew its holdings in shares of Ambarella by 101.9% during the 3rd quarter. CWM LLC now owns 648 shares of the semiconductor company’s stock worth $36,000 after purchasing an additional 327 shares in the last quarter. Private Trust Co. NA acquired a new stake in shares of Ambarella during the 2nd quarter worth approximately $56,000. Rockefeller Capital Management L.P. grew its holdings in shares of Ambarella by 609.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 1,050 shares of the semiconductor company’s stock worth $58,000 after purchasing an additional 902 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of Ambarella by 11.0% during the 2nd quarter. Nisa Investment Advisors LLC now owns 1,508 shares of the semiconductor company’s stock worth $99,000 after purchasing an additional 150 shares in the last quarter. Finally, Advisors Asset Management Inc. grew its holdings in shares of Ambarella by 9.6% during the 2nd quarter. Advisors Asset Management Inc. now owns 1,685 shares of the semiconductor company’s stock worth $110,000 after purchasing an additional 148 shares in the last quarter. 78.33% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently commented on the company. KeyCorp boosted their price target on Ambarella from $95.00 to $105.00 and gave the company an “overweight” rating in a research note on Wednesday, March 1st. Jefferies Financial Group decreased their price target on Ambarella from $104.00 to $96.00 in a research note on Monday, November 21st. Cowen decreased their price target on Ambarella from $100.00 to $90.00 and set an “outperform” rating on the stock in a research note on Friday, December 2nd. Deutsche Bank Aktiengesellschaft boosted their price target on Ambarella from $60.00 to $75.00 in a research note on Wednesday, December 14th. Finally, Cowen decreased their price target on Ambarella from $100.00 to $90.00 and set an “outperform” rating on the stock in a research note on Friday, December 2nd. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $95.78.

Ambarella Stock Down 2.7 %

AMBA stock opened at $80.32 on Tuesday. The company has a market cap of $3.11 billion, a P/E ratio of -46.97 and a beta of 1.53. Ambarella, Inc. has a twelve month low of $49.02 and a twelve month high of $109.17. The business has a fifty day moving average of $88.26 and a 200-day moving average of $74.43.

Insider Transactions at Ambarella

In other news, VP Chi-Hong Ju sold 2,000 shares of the business’s stock in a transaction on Thursday, December 22nd. The stock was sold at an average price of $81.16, for a total transaction of $162,320.00. Following the completion of the sale, the vice president now owns 153,689 shares in the company, valued at $12,473,399.24. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, VP Chi-Hong Ju sold 2,000 shares of the company’s stock in a transaction dated Thursday, December 22nd. The stock was sold at an average price of $81.16, for a total value of $162,320.00. Following the completion of the sale, the vice president now owns 153,689 shares in the company, valued at $12,473,399.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Feng-Ming Wang sold 3,703 shares of the company’s stock in a transaction dated Friday, December 16th. The shares were sold at an average price of $83.77, for a total value of $310,200.31. Following the completion of the sale, the chief executive officer now owns 697,222 shares of the company’s stock, valued at approximately $58,406,286.94. The disclosure for this sale can be found here. Insiders sold a total of 14,806 shares of company stock worth $1,248,448 over the last 90 days. 6.60% of the stock is owned by insiders.

About Ambarella

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Ambarella, Inc engages in the development and sale of video compression, image processing, and computer vision solutions. It offers processors and software that cater to end markets including security cameras, automotive cameras, industrial and robotic applications, and consumer applications. The company was founded by Feng Ming Wang and Leslie D.