Acadian Asset Management LLC Has $5.73 Million Stock Position in Ambarella, Inc. $AMBA

Key Points

• Acadian Asset Management LLC has reduced its stake in Ambarella, Inc. by 6.4%, now owning approximately 0.27% of the company's shares.
• Ambarella reported earnings of $0.15 per share for the last quarter, significantly beating the expected $0.05, with a 49.9% year-over-year revenue increase.
• Multiple brokerages have increased their target prices for Ambarella, with Northland Securities raising theirs from $75.00 to $95.00 and Bank of America from $63.00 to $90.00.

Acadian Asset Management LLC lessened its stake in shares of Ambarella, Inc. (NASDAQ:AMBA - Free Report) by 6.4% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 113,819 shares of the semiconductor company's stock after selling 7,742 shares during the period. Acadian Asset Management LLC owned about 0.27% of Ambarella worth $5,725,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Mackenzie Financial Corp raised its holdings in Ambarella by 3.2% in the fourth quarter. Mackenzie Financial Corp now owns 6,406 shares of the semiconductor company's stock worth $466,000 after purchasing an additional 201 shares in the last quarter. Winslow Asset Management Inc. lifted its holdings in Ambarella by 5.8% in the first quarter. Winslow Asset Management Inc. now owns 4,650 shares of the semiconductor company's stock valued at $234,000 after acquiring an additional 255 shares during the period. Advisors Asset Management Inc. boosted its holdings in Ambarella by 44.1% during the first quarter. Advisors Asset Management Inc. now owns 935 shares of the semiconductor company's stock worth $47,000 after buying an additional 286 shares in the last quarter. New York State Common Retirement Fund boosted its position in Ambarella by 3.9% during the first quarter. New York State Common Retirement Fund now owns 12,803 shares of the semiconductor company's stock worth $644,000 after purchasing an additional 478 shares in the last quarter. Finally, KBC Group NV raised its position in Ambarella by 2.4% during the first quarter. KBC Group NV now owns 22,366 shares of the semiconductor company's stock worth $1,126,000 after acquiring an additional 531 shares during the period. 82.09% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

AMBA has been the subject of a number of analyst reports. Susquehanna upped their price target on Ambarella from $80.00 to $90.00 and gave the company a "positive" rating in a research report on Tuesday, July 22nd. Rosenblatt Securities boosted their price target 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. Morgan Stanley upped their price target on Ambarella from $80.00 to $96.00 and gave the stock an "overweight" rating in a report on Friday, August 29th. Stifel Nicolaus boosted their target price on Ambarella from $80.00 to $90.00 and gave the stock a "buy" rating in a research note on Friday, August 29th. Finally, Oppenheimer reaffirmed a "market perform" 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 issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $93.88.

Ambarella Stock Up 1.5%

Shares of NASDAQ AMBA traded up $1.16 during trading on Wednesday, hitting $80.30. 372,171 shares of the company traded hands, compared to its average volume of 868,421. The firm has a market capitalization of $3.43 billion, a P/E ratio of -37.94 and a beta of 2.09. The company has a 50-day moving average price of $71.24 and a 200-day moving average price of $59.85. Ambarella, Inc. has a 1 year low of $38.86 and a 1 year high of $93.44.

Ambarella (NASDAQ:AMBA - Get Free Report) last announced its quarterly earnings results on Thursday, August 28th. The semiconductor company reported $0.15 earnings per share for the quarter, beating analysts' consensus estimates 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 firm had revenue of $95.51 million for the quarter, compared to analysts' expectations of $90.01 million. During the same period in the previous year, the company posted ($0.13) earnings per share. Ambarella's revenue was up 49.9% compared to the same quarter last year. Ambarella has set its Q3 2026 guidance at EPS. Research analysts predict that Ambarella, Inc. will post -2.81 EPS for the current fiscal year.

Insider Activity

In other news, VP Yun-Lung Chen sold 8,492 shares of the business's 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 directly owned 61,651 shares in the company, valued at approximately $5,204,577.42. The trade was a 12.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Christopher B. Paisley sold 1,000 shares of the business's stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $62.58, for a total transaction 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. The trade was a 2.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.70% of the stock is currently 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.