Ambarella, Inc. (NASDAQ:AMBA) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Ambarella, Inc. (NASDAQ:AMBA) has received a consensus recommendation of “Moderate Buy” from the fourteen ratings firms that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation, seven have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $96.00.

A number of equities analysts recently issued reports on AMBA shares. Oppenheimer restated a “market perform” rating on shares of Ambarella in a report on Friday, August 29th. Summit Insights raised Ambarella from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $80.00 price objective on shares of Ambarella in a research note on Wednesday. Needham & Company LLC reissued a “buy” rating and issued a $100.00 target price on shares of Ambarella in a research report on Wednesday. Finally, Consumer Edge restated a “buy” rating on shares of Ambarella in a research report on Friday, November 21st.

Ambarella Price Performance

Shares of AMBA opened at $74.37 on Friday. The firm’s 50 day moving average is $84.70 and its 200-day moving average is $72.87. Ambarella has a 12-month low of $38.86 and a 12-month high of $96.69. The stock has a market capitalization of $3.17 billion, a P/E ratio of -35.25 and a beta of 2.14.

Ambarella (NASDAQ:AMBA) last issued its earnings results on Tuesday, November 25th. The semiconductor company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.06. The firm had revenue of $108.45 million during the quarter, compared to analysts’ expectations of $104.11 million. Ambarella had a negative net margin of 25.46% and a negative return on equity of 14.73%. The firm’s revenue for the quarter was up 31.2% compared to the same quarter last year. During the same period last year, the firm posted $0.11 earnings per share. Ambarella has set its Q4 2026 guidance at EPS. As a group, equities research analysts forecast that Ambarella will post -2.81 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CTO Leslie Kohn sold 2,249 shares of Ambarella stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $79.43, for a total transaction of $178,638.07. Following the transaction, the chief technology officer owned 977,428 shares in the company, valued at approximately $77,637,106.04. The trade was a 0.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Feng-Ming Wang sold 4,928 shares of the stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $79.43, for a total value of $391,431.04. Following the completion of the sale, the chief executive officer directly owned 788,929 shares of the company’s stock, valued at approximately $62,664,630.47. This represents a 0.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 35,227 shares of company stock valued at $2,875,131 over the last quarter. 5.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AMBA. UBS Group AG increased its position in Ambarella by 379.3% in the 3rd quarter. UBS Group AG now owns 821,747 shares of the semiconductor company’s stock worth $67,811,000 after purchasing an additional 650,306 shares during the last quarter. Nuveen LLC bought a new stake in shares of Ambarella in the 1st quarter valued at approximately $32,169,000. Jacobs Levy Equity Management Inc. increased its holdings in Ambarella by 1,635.4% in the first quarter. Jacobs Levy Equity Management Inc. now owns 647,788 shares of the semiconductor company’s stock worth $32,603,000 after buying an additional 610,460 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Ambarella by 88.9% during the first 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 valued at $62,020,000 after acquiring an additional 579,917 shares in the last quarter. Finally, Squarepoint Ops LLC acquired a new stake in Ambarella in the second quarter valued at approximately $36,810,000. 82.09% of the stock is owned by hedge funds and other institutional investors.

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.