Trexquant Investment LP Has $3.94 Million Stock Position in Ambarella, Inc. $AMBA

Key Points

• Trexquant Investment LP increased its stake in Ambarella, Inc. by 154.2% in the 1st quarter, acquiring a total of 78,240 shares valued at approximately $3.94 million.
• Ambarella's stock has seen notable price upgrades, with analysts raising their target prices, including an increase from $63.00 to $90.00 by Bank of America, and a consensus target of $93.88.
• The stock has recently surged 16.8% and currently trades around $82.48, with a market cap of $3.50 billion.

Trexquant Investment LP boosted its position in shares of Ambarella, Inc. (NASDAQ:AMBA - Free Report) by 154.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 78,240 shares of the semiconductor company's stock after buying an additional 47,461 shares during the quarter. Trexquant Investment LP owned approximately 0.18% of Ambarella worth $3,938,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Ieq Capital LLC acquired a new position in shares of Ambarella in the 1st quarter valued at $335,000. Fuller & Thaler Asset Management Inc. increased its position in shares of Ambarella by 25.6% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 910,911 shares of the semiconductor company's stock valued at $45,846,000 after buying an additional 185,444 shares in the last quarter. Quantbot Technologies LP bought a new stake in shares of Ambarella in the 1st quarter valued at $181,000. Northern Trust Corp increased its position in shares of Ambarella by 1.0% in the 1st quarter. Northern Trust Corp now owns 386,686 shares of the semiconductor company's stock valued at $19,462,000 after buying an additional 3,650 shares in the last quarter. Finally, Algert Global LLC increased its position in shares of Ambarella by 14.3% in the 1st quarter. Algert Global LLC now owns 238,301 shares of the semiconductor company's stock valued at $11,994,000 after buying an additional 29,870 shares in the last quarter. Institutional investors and hedge funds own 82.09% of the company's stock.

Ambarella Trading Up 2.4%

Shares of NASDAQ AMBA traded up $1.87 during mid-day trading on Thursday, hitting $81.19. The company had a trading volume of 1,144,468 shares, compared to its average volume of 882,908. The firm has a 50-day simple moving average of $68.45 and a two-hundred day simple moving average of $59.52. The company has a market capitalization of $3.44 billion, a PE ratio of -38.48 and a beta of 2.09. Ambarella, Inc. has a one year low of $38.86 and a one year high of $93.44.

Ambarella (NASDAQ:AMBA - Get Free Report) last released its earnings results on Thursday, August 28th. The semiconductor company reported $0.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 14.82% and a negative net margin of 25.46%.Ambarella's quarterly revenue was up 49.9% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.13) earnings per share. Ambarella has set its Q3 2026 guidance at EPS. Sell-side analysts expect that Ambarella, Inc. will post -2.81 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Stifel Nicolaus upped their price objective on shares of Ambarella from $80.00 to $90.00 and gave the company a "buy" rating in a research report on Friday, August 29th. BNP Paribas upgraded shares of Ambarella to a "strong-buy" rating in a research report on Friday, August 29th. Summit Insights upgraded shares of Ambarella from a "hold" rating to a "buy" rating in a research report on Friday, August 29th. Northland Securities upped their price objective on shares of Ambarella from $75.00 to $95.00 and gave the company an "outperform" rating in a research report on Friday, August 29th. Finally, Morgan Stanley upped their price objective on shares of Ambarella from $80.00 to $96.00 and gave the company an "overweight" rating in a research report on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $93.88.

Insider Activity

In related news, Director Christopher B. Paisley sold 1,000 shares of Ambarella stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $62.58, for a total value of $62,580.00. Following the sale, the director owned 39,281 shares of the company's stock, valued at approximately $2,458,204.98. The trade was a 2.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 5.70% of the company's stock.

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.