Raymond James & Associates lifted its stake in Ambarella, Inc. (NASDAQ:AMBA – Get Score) by 20.0% in the third quarter, based on its most up-to-date submitting with the Securities and Trade Fee (SEC). The institutional investor owned 15,673 shares of the semiconductor firm’s inventory after buying a further 2,609 shares throughout the interval. Raymond James & Associates’ holdings in Ambarella had been price $881,000 on the finish of the latest reporting interval.

Different hedge funds and different institutional traders have additionally not too long ago modified their holdings of the corporate. Non-public Belief Co. NA bought a brand new stake in shares of Ambarella in the 2nd quarter price 56,000. Nisa Funding Advisors LLC elevated its stake in shares of Ambarella by 11.0% in the 2nd quarter. Nisa Funding Advisors LLC now owns 1,508 shares of the semiconductor firm’s inventory price99,000 after buying a further 150 shares in the final quarter. Advisors Asset Administration Inc. elevated its stake in shares of Ambarella by 30.0% in the first quarter. Advisors Asset Administration Inc. now owns 1,537 shares of the semiconductor firm’s inventory price 161,000 after buying a further 355 shares in the final quarter. Northwestern Mutual Wealth Administration Co. elevated its stake in shares of Ambarella by 132.5% in the 2nd quarter. Northwestern Mutual Wealth Administration Co. now owns 1,990 shares of the semiconductor firm’s inventory price131,000 after buying a further 1,134 shares in the final quarter. Lastly, Cim Funding Administration Inc. bought a brand new stake in shares of Ambarella in the first quarter price $218,000. 78.33% of the inventory is presently owned by hedge funds and different institutional traders.

Ambarella Buying and selling Down 0.7 %

Shares of NASDAQ:AMBA opened at 89.70 on Friday. Ambarella, Inc. has a 12 month low of49.02 and a 12 month excessive of 156.10. The corporate has a 50-day transferring common value of81.07 and a 200 day transferring common value of 72.77. The corporate has a market cap of3.48 billion, a price-to-earnings ratio of -53.71 and a beta of 1.49.

Ambarella (NASDAQ:AMBA – Get Score) final introduced its quarterly earnings outcomes on Thursday, December 1st. The semiconductor firm reported (0.33) EPS for the quarter, beating analysts’ consensus estimates of (0.45) by 0.12. Ambarella had a unfavourable web margin of 18.42% and a unfavourable return on fairness of 8.96%. The agency had income of83.10 million throughout the quarter, in comparison with the consensus estimate of $83.03 million. As a gaggle, equities analysts forecast that Ambarella, Inc. will submit -1.61 EPS for the present 12 months.

Wall Avenue Analysts Forecast Development

A number of analysis companies have not too long ago commented on AMBA. Cowen decreased their value goal on Ambarella from 100.00 to90.00 and set an “outperform” ranking for the corporate in a analysis word on Friday, December 2nd. Stifel Nicolaus elevated their value goal on Ambarella from 76.00 to90.00 in a analysis word on Monday, November twenty first. Jefferies Monetary Group reduce their value goal on Ambarella from 104.00 to96.00 in a analysis word on Monday, November twenty first. Needham & Firm LLC elevated their value goal on Ambarella from 85.00 to100.00 and gave the inventory a “buy” ranking in a analysis word on Friday, December sixteenth. Lastly, Roth Capital reiterated a “buy” ranking and issued a 110.00 value goal on shares of Ambarella in a analysis word on Friday, November 18th. Two analysts have rated the inventory with a promote ranking, two have assigned a maintain ranking and fourteen have given a purchase ranking to the corporate. In accordance with information from MarketBeat, the inventory presently has a median ranking of “Moderate Buy” and a consensus goal value of100.35.

Insiders Place Their Bets

In different Ambarella information, VP Chi-Hong Ju bought 764 shares of the agency’s inventory in a transaction dated Monday, December nineteenth. The shares had been bought at a median value of 80.46, for a complete worth of61,471.44. Following the completion of the sale, the vp now owns 155,689 shares of the corporate’s inventory, valued at 12,526,736.94. The sale was disclosed in a authorized submitting with the SEC, which could be accessed by means of the SEC web site. In different Ambarella information, VP Christopher Day bought 2,333 shares of the agency’s inventory in a transaction dated Wednesday, December 14th. The shares had been bought at a median value of90.82, for a complete worth of 211,883.06. Following the completion of the sale, the vp now owns 18,398 shares of the corporate’s inventory, valued at1,670,906.36. The sale was disclosed in a authorized submitting with the SEC, which could be accessed by means of the SEC web site. Additionally, VP Chi-Hong Ju bought 764 shares of the agency’s inventory in a transaction dated Monday, December nineteenth. The inventory was bought at a median value of 80.46, for a complete transaction of61,471.44. Following the completion of the sale, the vp now instantly owns 155,689 shares of the corporate’s inventory, valued at roughly 12,526,736.94. The disclosure for this sale could be discovered right here. Insiders bought a complete of 14,806 shares of firm inventory valued at1,248,448 during the last 90 days. Insiders personal 6.60% of the corporate’s inventory.

Ambarella Profile

(Get Score)

Ambarella, Inc engages in the event and sale of video compression, picture processing, and laptop imaginative and prescient options. It affords processors and software program that cater to finish markets together with safety cameras, automotive cameras, industrial and robotic functions, and shopper functions. The corporate was based by Feng Ming Wang and Leslie D.

Featured Tales

Institutional Ownership by Quarter for Ambarella (NASDAQ:AMBA)

This immediate information alert was generated by narrative science know-how and monetary information from MarketBeat in order to offer readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial crew previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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