Ambarella, Inc. $AMBA Shares Purchased by Jacobs Levy Equity Management Inc.

Key Points

• Jacobs Levy Equity Management Inc. significantly increased its stake in Ambarella, owning 647,788 shares after a dramatic 1,635.4% growth during the 1st quarter.
• Analysts have positive outlooks on Ambarella, with multiple upgrades and a consensus rating of "Moderate Buy", alongside price targets ranging up to $100.00.
• Ambarella reported a quarterly revenue of $95.51 million, surpassing expectations, and achieved earnings per share of $0.15, up from a loss of ($0.13) the previous year.

Jacobs Levy Equity Management Inc. lifted its stake in Ambarella, Inc. (NASDAQ:AMBA - Free Report) by 1,635.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 647,788 shares of the semiconductor company's stock after acquiring an additional 610,460 shares during the quarter. Jacobs Levy Equity Management Inc. owned 1.53% of Ambarella worth $32,603,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Mackenzie Financial Corp increased its stake in Ambarella by 3.2% during the 4th quarter. Mackenzie Financial Corp now owns 6,406 shares of the semiconductor company's stock worth $466,000 after buying an additional 201 shares during the period. Winslow Asset Management Inc. increased its stake in Ambarella by 5.8% during the 1st quarter. Winslow Asset Management Inc. now owns 4,650 shares of the semiconductor company's stock worth $234,000 after buying an additional 255 shares during the period. Advisors Asset Management Inc. increased its stake in Ambarella by 44.1% during the 1st quarter. Advisors Asset Management Inc. now owns 935 shares of the semiconductor company's stock worth $47,000 after buying an additional 286 shares during the period. New York State Common Retirement Fund increased its stake in Ambarella by 3.9% during the 1st quarter. New York State Common Retirement Fund now owns 12,803 shares of the semiconductor company's stock worth $644,000 after buying an additional 478 shares during the period. Finally, KBC Group NV increased its stake in Ambarella by 2.4% during the 1st quarter. KBC Group NV now owns 22,366 shares of the semiconductor company's stock worth $1,126,000 after buying an additional 531 shares during the period. 82.09% of the stock is owned by hedge funds and other institutional investors.

Ambarella Stock Performance

Shares of NASDAQ:AMBA traded down $0.49 during trading hours on Thursday, reaching $82.98. The stock had a trading volume of 122,140 shares, compared to its average volume of 873,303. Ambarella, Inc. has a 1 year low of $38.86 and a 1 year high of $93.44. The firm's 50 day moving average is $70.11 and its 200-day moving average is $59.61. The stock has a market capitalization of $3.54 billion, a price-to-earnings ratio of -39.41 and a beta of 2.09.

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

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on AMBA shares. Susquehanna upped their target price on shares of Ambarella from $80.00 to $90.00 and gave the stock a "positive" rating in a research note on Tuesday, July 22nd. Rosenblatt Securities upped their target price on shares of Ambarella from $95.00 to $100.00 and gave the stock a "buy" rating in a research note on Friday, August 29th. BNP Paribas raised shares of Ambarella to a "strong-buy" rating in a research note on Friday, August 29th. Roth Capital reissued a "neutral" rating on shares of Ambarella in a research report on Friday, August 29th. Finally, Bank of America increased their price objective on shares of Ambarella from $63.00 to $90.00 and gave the company a "neutral" rating in a research report on Friday, August 29th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Ambarella presently has a consensus rating of "Moderate Buy" and an average price target of $93.88.

Insider Activity at Ambarella

In related news, Director Christopher B. Paisley sold 1,000 shares of the stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $62.58, for a total value of $62,580.00. Following the transaction, the director directly owned 39,281 shares of the company's stock, valued at $2,458,204.98. This trade represents a 2.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 5.30% of the stock is owned by company insiders.

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.