UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Raises Stake in Ambarella, Inc. $AMBA

Key Points

• UBS Asset Management increased its holdings in Ambarella, Inc. by 88.9% during Q1, now owning over 1.2 million shares worth approximately $62 million.
• Ambarella reported Q2 earnings of $0.15 per share, significantly exceeding analysts' expectations, with revenue of $95.51 million, up nearly 50% year-over-year.
• Multiple equity analysts have upgraded their price targets for Ambarella, with estimates ranging from $90 to $100, reflecting a consensus rating of "Moderate Buy."

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Ambarella, Inc. (NASDAQ:AMBA - Free Report) by 88.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,232,272 shares of the semiconductor company's stock after acquiring an additional 579,917 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 2.91% of Ambarella worth $62,020,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Nuveen LLC purchased a new stake in shares of Ambarella in the first quarter valued at about $32,169,000. Jacobs Levy Equity Management Inc. increased its position in shares of Ambarella by 1,635.4% in the first quarter. Jacobs Levy Equity Management Inc. now owns 647,788 shares of the semiconductor company's stock worth $32,603,000 after acquiring an additional 610,460 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new stake in shares of Ambarella in the first quarter worth $15,578,000. Woodline Partners LP increased its position in shares of Ambarella by 2,367.1% in the fourth quarter. Woodline Partners LP now owns 263,333 shares of the semiconductor company's stock worth $19,155,000 after acquiring an additional 252,659 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. increased its position in shares of Ambarella by 25.6% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 910,911 shares of the semiconductor company's stock worth $45,846,000 after acquiring an additional 185,444 shares in the last quarter. 82.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on AMBA shares. BNP Paribas raised shares of Ambarella to a "strong-buy" rating in a research report on Friday, August 29th. Susquehanna raised their price target on shares of Ambarella from $80.00 to $90.00 and gave the company a "positive" rating in a report on Tuesday, July 22nd. Summit Insights upgraded shares of Ambarella from a "hold" rating to a "buy" rating in a research note on Friday, August 29th. Roth Capital restated a "neutral" rating on shares of Ambarella in a research report on Friday, August 29th. Finally, Needham & Company LLC raised their price target on shares of Ambarella from $90.00 to $100.00 and gave the stock a "buy" rating in a research report on Friday, August 29th. One 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 company's stock. According to data from MarketBeat, Ambarella currently has a consensus rating of "Moderate Buy" and a consensus target price of $93.88.

Insider Activity

In other news, VP Yun-Lung Chen sold 8,492 shares of the 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 owned 61,651 shares of the company's stock, valued at approximately $5,204,577.42. This represents a 12.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Chan W. Lee sold 1,947 shares of the stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $79.43, for a total value of $154,650.21. Following the transaction, the chief operating officer owned 126,972 shares in the company, valued at $10,085,385.96. The trade was a 1.51% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 22,350 shares of company stock worth $1,800,786. 5.30% of the stock is currently owned by insiders.

Ambarella Price Performance

AMBA traded up $0.29 during midday trading on Friday, hitting $82.93. 1,647,386 shares of the company's stock traded hands, compared to its average volume of 1,205,726. Ambarella, Inc. has a one year low of $38.86 and a one year high of $93.44. The company has a market cap of $3.54 billion, a PE ratio of -39.30 and a beta of 2.09. The stock's fifty day simple moving average is $72.09 and its 200-day simple moving average is $60.35.

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