SWS Partners Buys 8,518 Shares of Ambarella, Inc. $AMBA

Key Points

• SWS Partners increased its stake in Ambarella, Inc. by 12.6%, owning 75,926 shares valued at approximately $3.82 million as of its most recent SEC filing.
• Ambarella reported earnings of $0.15 per share, exceeding the expected $0.05 EPS, with a 49.9% increase in revenue year-over-year.
• Several analysts have raised their price targets for Ambarella, with Needham increasing its target from $90 to $100, reflecting a generally positive outlook on the stock.

SWS Partners grew its holdings in Ambarella, Inc. (NASDAQ:AMBA - Free Report) by 12.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 75,926 shares of the semiconductor company's stock after purchasing an additional 8,518 shares during the period. Ambarella comprises about 1.2% of SWS Partners' investment portfolio, making the stock its 18th biggest holding. SWS Partners owned 0.18% of Ambarella worth $3,821,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Rhumbline Advisers increased its holdings in shares of Ambarella by 4.0% in the 1st quarter. Rhumbline Advisers now owns 58,571 shares of the semiconductor company's stock worth $2,948,000 after purchasing an additional 2,249 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings 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. GAMMA Investing LLC grew its holdings 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. Dynamic Technology Lab Private Ltd bought a new stake in shares of Ambarella in the first quarter worth $941,000. Finally, Principal Financial Group Inc. grew its holdings in shares of Ambarella by 61.8% in the first quarter. Principal Financial Group Inc. now owns 25,794 shares of the semiconductor company's stock worth $1,298,000 after acquiring an additional 9,857 shares during the period. Institutional investors own 82.09% of the company's stock.

Ambarella Stock Performance

AMBA stock traded down $2.13 during midday trading on Tuesday, reaching $78.65. 252,788 shares of the company traded hands, compared to its average volume of 867,747. Ambarella, Inc. has a 52-week low of $38.86 and a 52-week high of $93.44. The business has a 50 day moving average of $70.99 and a 200-day moving average of $59.71. The firm has a market capitalization of $3.36 billion, a price-to-earnings ratio of -37.28 and a beta of 2.08.

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

Insider Activity at Ambarella

In other news, Director Christopher B. Paisley sold 1,000 shares of the stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $62.58, for a total value of $62,580.00. Following the sale, the director directly owned 39,281 shares in the company, valued at approximately $2,458,204.98. This represents a 2.48% 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, VP Yun-Lung Chen sold 8,492 shares of the stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $84.42, for a total value of $716,894.64. Following the completion of the sale, the vice president owned 61,651 shares in the company, valued at approximately $5,204,577.42. The trade was a 12.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 5.70% of the company's stock.

Wall Street Analyst Weigh In

AMBA has been the subject of several research analyst reports. Summit Insights raised Ambarella from a "hold" rating to a "buy" rating in a report on Friday, August 29th. Oppenheimer reaffirmed a "market perform" rating on shares of Ambarella in a report on Friday, August 29th. Rosenblatt Securities lifted their price objective on Ambarella from $95.00 to $100.00 and gave the stock a "buy" rating in a report on Friday, August 29th. Needham & Company LLC lifted their price objective on Ambarella from $90.00 to $100.00 and gave the stock a "buy" rating in a report on Friday, August 29th. Finally, Roth Capital reaffirmed a "neutral" rating on shares of Ambarella in a report on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $93.88.

Ambarella 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.