18,710 Shares in Ambarella, Inc. $AMBA Acquired by Dynamic Technology Lab Private Ltd

Key Points

• Dynamic Technology Lab Private Ltd acquired a new stake in Ambarella, Inc. valued at approximately $941,000 during the first quarter, purchasing 18,710 shares of the semiconductor company.
• Multiple institutional investors, including Rhumbline Advisers and Janney Montgomery Scott LLC, have significantly increased their holdings in Ambarella during the same period, indicating strong institutional interest in the company.
• Ambarella reported Q2 earnings of $0.15 EPS, surpassing analyst expectations and revealing a 49.9% increase in revenue year-over-year, which highlights its growth despite challenging market conditions.

Dynamic Technology Lab Private Ltd acquired a new stake in Ambarella, Inc. (NASDAQ:AMBA - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 18,710 shares of the semiconductor company's stock, valued at approximately $941,000.

Other hedge funds have also modified their holdings of the company. Advisors Asset Management Inc. boosted its stake in shares of Ambarella by 44.1% in 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 during the last quarter. Banque Transatlantique SA purchased a new stake in shares of Ambarella in the first quarter worth about $50,000. Larson Financial Group LLC boosted its stake in shares of Ambarella by 111.9% in the first quarter. Larson Financial Group LLC now owns 1,195 shares of the semiconductor company's stock worth $60,000 after buying an additional 631 shares during the last quarter. Quarry LP boosted its stake in shares of Ambarella by 611.5% in the first quarter. Quarry LP now owns 1,793 shares of the semiconductor company's stock worth $90,000 after buying an additional 1,541 shares during the last quarter. Finally, Skandinaviska Enskilda Banken AB publ boosted its stake in shares of Ambarella by 452.4% in the first quarter. Skandinaviska Enskilda Banken AB publ now owns 2,497 shares of the semiconductor company's stock worth $126,000 after buying an additional 2,045 shares during the last quarter. 82.09% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Morgan Stanley upped their target price on Ambarella from $80.00 to $96.00 and gave the stock an "overweight" rating in a research note on Friday, August 29th. Bank of America upped their target price on Ambarella from $63.00 to $90.00 and gave the stock a "neutral" rating in a research note on Friday, August 29th. Roth Capital restated a "neutral" rating on shares of Ambarella in a research note on Friday, August 29th. Susquehanna increased their price target on Ambarella from $80.00 to $90.00 and gave the stock a "positive" rating in a research report on Tuesday, July 22nd. Finally, Needham & Company LLC raised their price objective on Ambarella from $90.00 to $100.00 and gave the company a "buy" rating in a report on Friday, August 29th. One equities 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's stock. According to MarketBeat, Ambarella presently has a consensus rating of "Moderate Buy" and a consensus target price of $93.88.

Insider Activity at Ambarella

In other news, Director Christopher B. Paisley sold 1,000 shares of the firm's 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 transaction, the director owned 39,281 shares in the company, valued at $2,458,204.98. This trade represents a 2.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Yun-Lung Chen sold 8,492 shares of the firm's stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $84.42, for a total value of $716,894.64. Following the completion of the transaction, the vice president owned 61,651 shares in the company, valued at approximately $5,204,577.42. This trade represents a 12.11% decrease in their position. The disclosure for this sale can be found here. Company insiders own 5.30% of the company's stock.

Ambarella Trading Down 3.3%

AMBA traded down $2.77 during trading on Friday, hitting $80.37. The company's stock had a trading volume of 478,508 shares, compared to its average volume of 1,090,617. Ambarella, Inc. has a twelve month low of $38.86 and a twelve month high of $93.44. The business's fifty day simple moving average is $70.69 and its 200 day simple moving average is $59.58. The firm has a market capitalization of $3.43 billion, a price-to-earnings ratio of -38.09 and a beta of 2.09.

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

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.