Ambarella, Inc. $AMBA Holdings Lifted by Acadian Asset Management LLC

Acadian Asset Management LLC raised its holdings in shares of Ambarella, Inc. (NASDAQ:AMBA) by 98.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 225,787 shares of the semiconductor company’s stock after acquiring an additional 111,968 shares during the quarter. Acadian Asset Management LLC owned approximately 0.53% of Ambarella worth $14,907,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AMBA. Teacher Retirement System of Texas acquired a new stake in shares of Ambarella during the 1st quarter valued at $325,000. Principal Financial Group Inc. lifted its stake in Ambarella by 61.8% in the first quarter. Principal Financial Group Inc. now owns 25,794 shares of the semiconductor company’s stock valued at $1,298,000 after acquiring an additional 9,857 shares during the last quarter. Cerity Partners LLC grew its position in Ambarella by 12.5% in the first quarter. Cerity Partners LLC now owns 5,737 shares of the semiconductor company’s stock worth $289,000 after acquiring an additional 639 shares in the last quarter. New York State Common Retirement Fund boosted its stake in shares of 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 worth $644,000 after acquiring an additional 478 shares in the last quarter. Finally, CWM LLC grew its holdings in Ambarella by 200.3% during the first quarter. CWM LLC now owns 5,921 shares of the semiconductor company’s stock valued at $298,000 after purchasing an additional 3,949 shares during the last quarter. 82.09% of the stock is owned by hedge funds and other institutional investors.

Ambarella Trading Down 0.9%

NASDAQ:AMBA opened at $93.53 on Wednesday. The firm has a 50 day moving average of $84.01 and a 200-day moving average of $70.00. The stock has a market capitalization of $3.99 billion, a P/E ratio of -44.33 and a beta of 2.14. Ambarella, Inc. has a 1 year low of $38.86 and a 1 year high of $95.72.

Ambarella (NASDAQ:AMBA) last announced its earnings results on Thursday, August 28th. The semiconductor company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.10. The company had revenue of $95.51 million during the quarter, compared to analyst estimates of $90.01 million. Ambarella had a negative return on equity of 14.73% and a negative net margin of 25.46%.The firm’s quarterly revenue was up 49.9% compared to the same quarter last year. During the same period last year, the company posted ($0.13) earnings per share. Ambarella has set its Q3 2026 guidance at EPS. As a group, analysts forecast that Ambarella, Inc. will post -2.81 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on AMBA. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ambarella in a research report on Wednesday, October 8th. Rosenblatt Securities increased their target price on shares of Ambarella from $95.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, August 29th. Roth Capital reaffirmed a “neutral” rating on shares of Ambarella in a report on Friday, August 29th. Needham & Company LLC raised their price objective on Ambarella from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Finally, Morgan Stanley lifted their price target on shares of Ambarella from $80.00 to $96.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $93.88.

Insider Buying and Selling

In other news, VP Yun-Lung Chen sold 8,492 shares of the business’s stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $84.42, for a total transaction of $716,894.64. Following the completion of the sale, the vice president owned 61,651 shares in the company, valued at $5,204,577.42. The trade was a 12.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO John Alexander Young sold 2,566 shares of the business’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $79.43, for a total value of $203,817.38. Following the sale, the chief financial officer directly owned 109,108 shares of the company’s stock, valued at $8,666,448.44. This represents a 2.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 35,227 shares of company stock valued at $2,875,131. Insiders own 5.30% of the company’s stock.

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.