Robeco Schweiz AG Has $21.09 Million Stock Holdings in Ambarella, Inc. (NASDAQ:AMBA)

Robeco Schweiz AG boosted its position in Ambarella, Inc. (NASDAQ:AMBA - Free Report) by 52.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 419,120 shares of the semiconductor company's stock after acquiring an additional 144,200 shares during the quarter. Robeco Schweiz AG owned 0.99% of Ambarella worth $21,094,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Skandinaviska Enskilda Banken AB publ raised its position in Ambarella by 68.7% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 452 shares of the semiconductor company's stock valued at $32,000 after purchasing an additional 184 shares during the period. Aster Capital Management DIFC Ltd bought a new stake in Ambarella in the fourth quarter valued at about $37,000. Sterling Capital Management LLC increased its holdings in Ambarella by 629.3% in the fourth quarter. Sterling Capital Management LLC now owns 598 shares of the semiconductor company's stock valued at $43,000 after buying an additional 516 shares during the last quarter. National Bank of Canada FI bought a new stake in Ambarella in the fourth quarter valued at about $69,000. Finally, Johnson Financial Group Inc. bought a new stake in Ambarella in the fourth quarter valued at about $71,000. Institutional investors and hedge funds own 82.09% of the company's stock.

Ambarella Trading Down 0.9%

Ambarella stock traded down $0.58 during mid-day trading on Friday, hitting $66.88. 497,507 shares of the company's stock were exchanged, compared to its average volume of 763,267. The stock has a market cap of $2.84 billion, a P/E ratio of -26.86 and a beta of 2.05. Ambarella, Inc. has a 1-year low of $38.86 and a 1-year high of $85.15. The stock has a 50 day moving average of $59.16 and a two-hundred day moving average of $61.48.

Insider Buying and Selling

In other Ambarella 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 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. This represents a 2.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 5.30% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on AMBA. Stifel Nicolaus reduced their price objective on Ambarella from $100.00 to $80.00 and set a "buy" rating for the company in a research report on Thursday, April 17th. Rosenblatt Securities boosted their target price on Ambarella from $87.00 to $95.00 and gave the stock a "buy" rating in a report on Friday, May 30th. Needham & Company LLC dropped their target price on Ambarella from $110.00 to $90.00 and set a "buy" rating on the stock in a report on Friday, May 30th. Summit Insights raised Ambarella to a "hold" rating in a report on Thursday, May 29th. Finally, Morgan Stanley cut their price objective on Ambarella from $90.00 to $80.00 and set an "overweight" rating for the company in a research report on Tuesday, May 27th. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $84.55.

About Ambarella

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.