What’s in Ambarella, Inc. (AMBA) After Today’s Huge Increase?

April 22, 2018 - By Linda Rogers

Ambarella, Inc. (NASDAQ:AMBA) Logo

Investors sentiment decreased to 1.1 in 2017 Q4. Its down 0.11, from 1.21 in 2017Q3. It worsened, as 29 investors sold Ambarella, Inc. shares while 51 reduced holdings. 40 funds opened positions while 48 raised stakes. 22.14 million shares or 10.73% more from 19.99 million shares in 2017Q3 were reported.
First Tru Advsr L P has 9,244 shares for 0% of their portfolio. Janney Montgomery Scott Ltd Liability holds 0% in Ambarella, Inc. (NASDAQ:AMBA) or 3,958 shares. Arrowmark Colorado Holdings Ltd holds 0.04% or 65,000 shares. Art Advsr Limited Liability Corp holds 0.11% of its portfolio in Ambarella, Inc. (NASDAQ:AMBA) for 42,300 shares. Teacher Retirement System Of Texas stated it has 11,487 shares. Thrivent Fincl For Lutherans stated it has 95,341 shares or 0.02% of all its holdings. White Pine Cap Ltd Liability owns 17,850 shares. Prudential Fincl holds 3,438 shares. Baillie Gifford Com accumulated 196,537 shares. Ameriprise Fincl stated it has 0% of its portfolio in Ambarella, Inc. (NASDAQ:AMBA). San Francisco Sentry Inv Gp (Ca) invested in 8,125 shares. Parametric Port Assoc Limited Company stated it has 22,692 shares. Sit Invest Assoc has invested 0.02% in Ambarella, Inc. (NASDAQ:AMBA). National Bank & Trust Of America De accumulated 117,573 shares. Winslow Evans & Crocker holds 0% or 250 shares.

Since December 11, 2017, it had 0 insider buys, and 11 insider sales for $2.62 million activity. The insider Wang Feng-Ming sold $319,694. Chen Yun-Lung sold $678,132 worth of stock. Shares for $118,463 were sold by PAISLEY CHRISTOPHER B. Kohn Leslie sold $162,394 worth of stock or 3,060 shares. 4,202 shares were sold by Laplante George, worth $242,413 on Monday, December 18.

The stock of Ambarella, Inc. (NASDAQ:AMBA) is a huge mover today! The stock increased 4.27% or $2.07 during the last trading session, reaching $50.59. About 1.49 million shares traded or 49.17% up from the average. Ambarella, Inc. (NASDAQ:AMBA) has declined 11.95% since April 22, 2017 and is downtrending. It has underperformed by 23.50% the S&P500.
The move comes after 6 months positive chart setup for the $1.69 billion company. It was reported on Apr, 22 by Barchart.com. We have $54.64 PT which if reached, will make NASDAQ:AMBA worth $134.80 million more.

Analysts await Ambarella, Inc. (NASDAQ:AMBA) to report earnings on June, 5. They expect $-0.20 EPS, down 385.71 % or $0.27 from last year’s $0.07 per share. After $0.04 actual EPS reported by Ambarella, Inc. for the previous quarter, Wall Street now forecasts -600.00 % negative EPS growth.

Ambarella, Inc. (NASDAQ:AMBA) Ratings Coverage

Among 4 analysts covering Ambarella (NASDAQ:AMBA), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ambarella had 5 analyst reports since November 22, 2017 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, November 22 by Stifel Nicolaus. Stifel Nicolaus maintained Ambarella, Inc. (NASDAQ:AMBA) rating on Thursday, March 1. Stifel Nicolaus has “Buy” rating and $64.0 target. The stock of Ambarella, Inc. (NASDAQ:AMBA) has “Overweight” rating given on Wednesday, December 13 by Morgan Stanley. As per Wednesday, January 3, the company rating was upgraded by Oppenheimer. As per Friday, December 1, the company rating was maintained by Canaccord Genuity.

Ambarella, Inc. develops semiconductor processing solutions for video that enable high-definition video capture, sharing, and display worldwide. The company has market cap of $1.69 billion. The company's system-on-a-chip creates integrated HD video processing, image processing, audio processing, and system functions onto a single chip for delivering video and image quality, differentiated functionality, and low power consumption. It has a 91.98 P/E ratio. The Company’s solutions enable the creation of video content for wearable sports cameras, automotive aftermarket cameras, and professional and consumer Internet Protocol (IP) security cameras, as well as cameras incorporated into unmanned aerial vehicles in the camera market; and manage IP video traffic, broadcast encoding and transcoding, and IP video delivery applications in the infrastructure market.

Ambarella, Inc. (NASDAQ:AMBA) Ratings Chart

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