Ambarella, Inc. $AMBA Shares Sold by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich lowered its holdings in Ambarella, Inc. (NASDAQ:AMBA) by 25.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,710 shares of the semiconductor company’s stock after selling 590 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in Ambarella were worth $113,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Ambarella by 3.2% in the first quarter. Vanguard Group Inc. now owns 4,848,305 shares of the semiconductor company’s stock worth $244,015,000 after buying an additional 152,181 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Ambarella by 88.9% in 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 during the last quarter. Geode Capital Management LLC raised its position in shares of Ambarella by 3.0% during the second quarter. Geode Capital Management LLC now owns 976,281 shares of the semiconductor company’s stock worth $64,505,000 after purchasing an additional 28,371 shares during the period. Fuller & Thaler Asset Management Inc. raised its position in shares of Ambarella by 25.6% during the first 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 during the period. Finally, Kodai Capital Management LP lifted its holdings in shares of Ambarella by 16.2% during the first quarter. Kodai Capital Management LP now owns 904,536 shares of the semiconductor company’s stock valued at $45,525,000 after purchasing an additional 125,983 shares during the last quarter. 82.09% of the stock is owned by institutional investors and hedge funds.

Ambarella Price Performance

AMBA opened at $89.57 on Tuesday. The company has a market capitalization of $3.82 billion, a PE ratio of -42.45 and a beta of 2.14. Ambarella, Inc. has a fifty-two week low of $38.86 and a fifty-two week high of $96.69. The business has a 50-day moving average of $84.93 and a 200-day moving average of $72.40.

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Oppenheimer reissued a “market perform” rating on shares of Ambarella in a research note 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. Bank of America upped their price target 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 reaffirmed a “neutral” rating on shares of Ambarella in a research note on Friday, August 29th. Finally, Summit Insights upgraded Ambarella from a “hold” rating to a “buy” rating in a report on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $93.88.

Insider Activity at Ambarella

In other Ambarella news, Director Elizabeth M. Schwarting sold 2,664 shares of the stock in a transaction on Monday, October 6th. The shares were sold at an average price of $85.38, for a total transaction of $227,452.32. Following the transaction, the director directly owned 7,314 shares of the company’s stock, valued at $624,469.32. This represents a 26.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Feng-Ming Wang sold 4,928 shares of the firm’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 $391,431.04. Following the transaction, the chief executive officer owned 788,929 shares in the company, valued at approximately $62,664,630.47. This trade represents a 0.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 35,227 shares of company stock worth $2,875,131 over the last quarter. 5.30% of the stock is currently owned by corporate insiders.

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.