Ambarella, Inc. (NASDAQ:AMBA) Shares Sold by Nebula Research & Development LLC

Nebula Research & Development LLC lowered its stake in shares of Ambarella, Inc. (NASDAQ:AMBA - Free Report) by 20.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,224 shares of the semiconductor company's stock after selling 6,311 shares during the quarter. Nebula Research & Development LLC owned about 0.06% of Ambarella worth $1,762,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of AMBA. Vanguard Group Inc. raised its holdings in Ambarella by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 4,696,124 shares of the semiconductor company's stock worth $341,596,000 after purchasing an additional 81,557 shares in the last quarter. William Blair Investment Management LLC increased its stake in shares of Ambarella by 8.9% in the 4th quarter. William Blair Investment Management LLC now owns 829,052 shares of the semiconductor company's stock worth $60,305,000 after acquiring an additional 68,044 shares in the last quarter. Fuller & Thaler Asset Management Inc. purchased a new position in Ambarella during the 4th quarter valued at about $52,770,000. Stephens Investment Management Group LLC boosted its stake in Ambarella by 0.5% during the fourth quarter. Stephens Investment Management Group LLC now owns 503,468 shares of the semiconductor company's stock worth $36,622,000 after acquiring an additional 2,432 shares in the last quarter. Finally, Barclays PLC grew its holdings in Ambarella by 281.3% in the third quarter. Barclays PLC now owns 388,090 shares of the semiconductor company's stock worth $21,891,000 after purchasing an additional 286,296 shares during the period. 82.09% of the stock is owned by institutional investors.

Insider Buying and Selling at Ambarella

In other news, Director Christopher B. Paisley sold 500 shares of Ambarella stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $55.50, for a total value of $27,750.00. Following the sale, the director now owns 40,281 shares in the company, valued at $2,235,595.50. This trade represents a 1.23 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Christopher Day sold 479 shares of the business's stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of $55.02, for a total value of $26,354.58. Following the sale, the vice president now owns 15,441 shares of the company's stock, valued at approximately $849,563.82. This trade represents a 3.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,328 shares of company stock valued at $513,467. 5.70% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on AMBA. Susquehanna lifted their price objective on Ambarella from $95.00 to $100.00 and gave the company a "positive" rating in a research note on Wednesday, January 22nd. Stifel Nicolaus lowered their price target 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 reissued a "buy" rating and set a $100.00 price objective on shares of Ambarella in a research report on Thursday, February 27th. StockNews.com raised shares of Ambarella from a "sell" rating to a "hold" rating in a report on Friday, February 28th. Finally, Needham & Company LLC increased their price target on shares of Ambarella from $100.00 to $110.00 and gave the company a "buy" rating in a report on Thursday, February 27th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $85.00.

Ambarella Trading Up 1.4 %

Shares of NASDAQ:AMBA traded up $0.69 on Thursday, hitting $48.68. 144,650 shares of the company were exchanged, compared to its average volume of 689,360. The stock's 50 day moving average price is $51.03 and its 200 day moving average price is $63.46. Ambarella, Inc. has a 1-year low of $38.86 and a 1-year high of $85.15. The firm has a market capitalization of $2.06 billion, a P/E ratio of -12.61 and a beta of 1.86.

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.