Wealth Enhancement Advisory Services LLC Makes New Investment in Ambarella, Inc. $AMBA

Key Points

• Wealth Enhancement Advisory Services LLC acquired a new position in Ambarella, purchasing 6,998 shares valued at approximately $471,000 during the 2nd quarter.
• Ambarella reported a 49.9% increase in revenue year-over-year, with an EPS of $0.15 for the latest quarter, surpassing analyst expectations.
• Several institutional investors, including Vanguard Group Inc. and UBS AM, have increased their stakes in Ambarella significantly during the first quarter.

Wealth Enhancement Advisory Services LLC purchased a new position in shares of Ambarella, Inc. (NASDAQ:AMBA - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,998 shares of the semiconductor company's stock, valued at approximately $471,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Ambarella by 3.2% during the first quarter. Vanguard Group Inc. now owns 4,848,305 shares of the semiconductor company's stock worth $244,015,000 after acquiring an additional 152,181 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Ambarella by 88.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,232,272 shares of the semiconductor company's stock worth $62,020,000 after acquiring an additional 579,917 shares in the last quarter. Fuller & Thaler Asset Management Inc. raised its position in Ambarella by 25.6% during 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. Kodai Capital Management LP raised its position in Ambarella by 16.2% during the first quarter. Kodai Capital Management LP now owns 904,536 shares of the semiconductor company's stock worth $45,525,000 after acquiring an additional 125,983 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. raised 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 valued at $32,603,000 after purchasing an additional 610,460 shares during the period. 82.09% of the stock is owned by institutional investors.

Ambarella Price Performance

NASDAQ:AMBA opened at $84.16 on Monday. The firm's 50 day simple moving average is $75.43 and its 200 day simple moving average is $62.65. 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 $3.59 billion, a PE ratio of -39.89 and a beta of 2.10.

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

Insider Buying and Selling at Ambarella

In related news, CTO Leslie Kohn sold 2,249 shares of Ambarella stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $79.43, for a total transaction of $178,638.07. Following the sale, the chief technology officer directly owned 977,428 shares in the company, valued at $77,637,106.04. This trade represents a 0.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Chi-Hong Ju sold 1,168 shares of Ambarella stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $79.43, for a total transaction of $92,774.24. Following the sale, the vice president owned 170,087 shares in the company, valued at approximately $13,510,010.41. This represents a 0.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 21,350 shares of company stock worth $1,738,206 over the last quarter. Insiders own 5.30% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on AMBA. BNP Paribas raised shares of Ambarella to a "strong-buy" rating in a research report on Friday, August 29th. Rosenblatt Securities increased their price objective on shares of Ambarella from $95.00 to $100.00 and gave the company a "buy" rating in a research report on Friday, August 29th. Weiss Ratings reissued a "sell (d-)" rating on shares of Ambarella in a research report on Saturday, September 27th. Northland Securities increased 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, Needham & Company LLC increased their price objective on shares of Ambarella from $90.00 to $100.00 and gave the company a "buy" rating in a research report on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $93.88.

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.

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