Ambarella, Inc. $AMBA Shares Acquired by Bayforest Capital Ltd

Key Points

• Bayforest Capital Ltd increased its holdings in Ambarella, Inc. by 72.2%, now owning 9,461 shares valued at $625,000.
• Ambarella reported $0.15 EPS for the last quarter, significantly beating expectations and showing a 49.9% increase in revenue compared to the previous year.
• Analysts have raised their price targets for Ambarella, with Stifel Nicolaus setting a new target at $90.00 and Morgan Stanley raising theirs to $96.00, indicating strong market confidence.

Bayforest Capital Ltd grew its position in Ambarella, Inc. (NASDAQ:AMBA - Free Report) by 72.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,461 shares of the semiconductor company's stock after acquiring an additional 3,966 shares during the period. Bayforest Capital Ltd's holdings in Ambarella were worth $625,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of AMBA. GAMMA Investing LLC raised its position in shares of Ambarella by 6,804.3% in the first quarter. GAMMA Investing LLC now owns 16,156 shares of the semiconductor company's stock worth $813,000 after acquiring an additional 15,922 shares during the period. SG Americas Securities LLC acquired a new position in shares of Ambarella in the first quarter worth about $922,000. Janney Montgomery Scott LLC raised its position in shares of Ambarella by 238.3% in the first quarter. Janney Montgomery Scott LLC now owns 13,474 shares of the semiconductor company's stock worth $678,000 after acquiring an additional 9,491 shares during the period. FNY Investment Advisers LLC raised its position in shares of Ambarella by 110.1% in the first quarter. FNY Investment Advisers LLC now owns 4,724 shares of the semiconductor company's stock worth $237,000 after acquiring an additional 2,476 shares during the period. Finally, KG&L Capital Management LLC acquired a new position in shares of Ambarella in the first quarter worth about $212,000. Institutional investors and hedge funds own 82.09% of the company's stock.

Ambarella Trading Up 0.2%

Shares of NASDAQ AMBA opened at $81.14 on Wednesday. Ambarella, Inc. has a 12-month low of $38.86 and a 12-month high of $93.44. The stock has a market cap of $3.46 billion, a PE ratio of -38.45 and a beta of 2.10. The company has a 50-day moving average of $77.58 and a 200 day moving average of $63.94.

Ambarella (NASDAQ:AMBA - Get Free Report) last announced its quarterly earnings data on Thursday, August 28th. The semiconductor company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.10. Ambarella had a negative net margin of 25.46% and a negative return on equity of 14.73%. The company had revenue of $95.51 million during the quarter, compared to analysts' expectations of $90.01 million. During the same quarter in the prior year, the company earned ($0.13) EPS. Ambarella's revenue was up 49.9% compared to the same quarter last year. Ambarella has set its Q3 2026 guidance at EPS. On average, sell-side analysts forecast that Ambarella, Inc. will post -2.81 EPS for the current fiscal year.

Wall Street Analyst Weigh In

AMBA has been the subject of a number of analyst reports. Stifel Nicolaus upped their price objective on shares of Ambarella from $80.00 to $90.00 and gave the stock a "buy" rating in a research report on Friday, August 29th. Morgan Stanley boosted their target price 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. Northland Securities boosted their target price on shares of Ambarella from $75.00 to $95.00 and gave the stock an "outperform" rating in a research note on Friday, August 29th. Bank of America boosted their target price on shares of Ambarella from $63.00 to $90.00 and gave the stock a "neutral" rating in a research note on Friday, August 29th. Finally, BNP Paribas raised shares of Ambarella to a "strong-buy" rating in a research note on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $93.88.

Insider Activity at Ambarella

In related news, Director Elizabeth M. Schwarting sold 2,664 shares of the company's stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $85.38, for a total transaction of $227,452.32. Following the completion of the sale, the director owned 7,314 shares of the company's stock, valued at approximately $624,469.32. This represents a 26.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Chan W. Lee sold 1,947 shares of the company's stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $79.43, for a total transaction of $154,650.21. Following the sale, the chief operating officer directly owned 126,972 shares of the company's stock, valued at approximately $10,085,385.96. This represents a 1.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 24,014 shares of company stock worth $1,965,658 in the last 90 days. 5.70% of the stock is owned by insiders.

Ambarella Company 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.

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