SBI Okasan Asset Management Co.Ltd. Makes New Investment in Ambarella, Inc. $AMBA

Key Points

• SBI Okasan Asset Management opened a new position in Ambarella, buying 19,200 shares worth about $1.345 million in the fourth quarter.
• Several other institutional investors also boosted their AMBA holdings, and 82.09% of the stock is now owned by institutions, signaling strong professional interest.
• Ambarella’s latest quarter beat or met expectations, with EPS of $0.11 and revenue of $100.4 million up 16.9% year over year, while management also issued above-consensus Q2 revenue guidance.

SBI Okasan Asset Management Co.Ltd. bought a new position in Ambarella, Inc. (NASDAQ:AMBA - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 19,200 shares of the semiconductor company's stock, valued at approximately $1,345,000.

A number of other institutional investors also recently modified their holdings of AMBA. GSA Capital Partners LLP raised its stake in shares of Ambarella by 145.2% during the fourth quarter. GSA Capital Partners LLP now owns 24,800 shares of the semiconductor company's stock worth $1,757,000 after buying an additional 14,685 shares during the last quarter. Exchange Traded Concepts LLC raised its stake in shares of Ambarella by 30.1% during the fourth quarter. Exchange Traded Concepts LLC now owns 353,101 shares of the semiconductor company's stock worth $25,014,000 after buying an additional 81,668 shares during the last quarter. Leonteq Securities AG bought a new stake in shares of Ambarella during the fourth quarter worth approximately $1,903,000. SG Capital Management LLC raised its stake in shares of Ambarella by 23.0% during the third quarter. SG Capital Management LLC now owns 232,713 shares of the semiconductor company's stock worth $19,203,000 after buying an additional 43,492 shares during the last quarter. Finally, Handelsbanken Fonder AB raised its stake in shares of Ambarella by 84.0% during the fourth quarter. Handelsbanken Fonder AB now owns 312,326 shares of the semiconductor company's stock worth $22,125,000 after buying an additional 142,551 shares during the last quarter. 82.09% of the stock is owned by institutional investors.

Insider Buying and Selling at Ambarella

In related news, CFO John Alexander Young sold 4,577 shares of the stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $52.77, for a total transaction of $241,528.29. Following the completion of the transaction, the chief financial officer owned 117,072 shares in the company, valued at approximately $6,177,889.44. This represents a 3.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Feng-Ming Wang sold 50,000 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $60.80, for a total transaction of $3,040,000.00. Following the transaction, the chief executive officer owned 768,979 shares of the company's stock, valued at $46,753,923.20. The trade was a 6.11% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 136,799 shares of company stock worth $8,917,902. Company insiders own 4.50% of the company's stock.

Ambarella News Summary

Here are the key news stories impacting Ambarella this week:

• Positive Sentiment: Ambarella reported fiscal Q1 revenue of $100.4 million, up 16.9% year over year, with EPS of $0.11 matching estimates and revenue slightly topping expectations, suggesting execution remains on track. Ambarella (AMBA) Meets Q1 Earnings Estimates
• Positive Sentiment: The company also guided Q2 revenue to $105 million-$111 million, which was above the consensus view at the midpoint, helping support the stock’s move. Ambarella outlines $105M-$111M Q2 revenue while Hanwha agreement targets $800M+ over 10+ years
• Positive Sentiment: Ambarella announced a long-term edge-AI agreement with Hanwha that could generate more than $800 million in potential revenue over 10+ years, a meaningful validation of its platform and future demand outlook. Hanwha and Ambarella Enter Into Long-Term Edge AI Agreement
• Positive Sentiment: Analysts turned more constructive after the report, with Needham’s Quinn Bolton reiterating Buy and raising his target to $100, while Bank of America’s Vivek Arya lifted his target to $96, both pointing to longer-dated edge-AI upside. Quinn Bolton Reiterates Buy on Ambarella, Sets $100 DCF-Based Price Target on Strengthening Auto, Robotics, and Long-Term Deal Momentum
• Neutral Sentiment: Ambarella’s CEO and CFO disclosed pre-arranged stock sales under 10b5-1 plans, which investors may view as routine rather than a major signal. MarketBeat AMBA insider transactions

Analysts Set New Price Targets

A number of research firms recently weighed in on AMBA. Consumer Edge reissued a "buy" rating on shares of Ambarella in a research note on Friday, May 22nd. Rosenblatt Securities restated a "buy" rating and set a $115.00 price objective on shares of Ambarella in a report on Tuesday. Finally, Stifel Nicolaus set a $90.00 price objective on shares of Ambarella in a report on Friday, May 22nd. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $94.75.

Ambarella Stock Up 1.4%

Shares of AMBA stock opened at $91.84 on Friday. The firm has a fifty day moving average of $65.50 and a 200-day moving average of $68.42. Ambarella, Inc. has a 12-month low of $48.30 and a 12-month high of $96.69. The company has a market capitalization of $4.03 billion, a price-to-earnings ratio of -51.60 and a beta of 2.17.

Ambarella (NASDAQ:AMBA - Get Free Report) last issued its quarterly earnings data on Thursday, May 28th. The semiconductor company reported $0.11 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.11. Ambarella had a negative net margin of 19.42% and a negative return on equity of 12.16%. The company had revenue of $100.36 million during the quarter, compared to the consensus estimate of $100.12 million. During the same quarter in the prior year, the firm earned $0.07 earnings per share. The firm's revenue was up 16.9% compared to the same quarter last year. On average, equities analysts expect that Ambarella, Inc. will post -1.27 EPS for the current year.

Ambarella Profile

Ambarella, Inc is a global semiconductor company headquartered in Santa Clara, California, specializing in video compression, image processing and computer vision technologies. The company designs low-power, high-definition system-on-chip (SoC) solutions that enable the capture, processing and streaming of video in a variety of embedded applications. Ambarella's platforms combine advanced video encoding, multi-core central processing units and hardware accelerators to deliver high-resolution imaging with low power consumption.

Ambarella's product portfolio caters to multiple markets, including security and surveillance, automotive vision, wearable cameras, drones and robotics.

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