Ambarella, Inc. (NASDAQ:AMBA) Stock Holdings Increased by Oberweis Asset Management Inc.

Oberweis Asset Management Inc. lifted its stake in shares of Ambarella, Inc. (NASDAQ:AMBA - Free Report) by 12.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 182,800 shares of the semiconductor company's stock after purchasing an additional 20,800 shares during the quarter. Oberweis Asset Management Inc. owned about 0.44% of Ambarella worth $13,297,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Fuller & Thaler Asset Management Inc. acquired a new position in Ambarella during the fourth quarter worth $52,770,000. Price T Rowe Associates Inc. MD raised its stake in shares of Ambarella by 15.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 25,381 shares of the semiconductor company's stock worth $1,847,000 after buying an additional 3,406 shares during the last quarter. Stifel Financial Corp boosted its position in shares of Ambarella by 93.9% in the 4th quarter. Stifel Financial Corp now owns 31,793 shares of the semiconductor company's stock worth $2,313,000 after buying an additional 15,397 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in Ambarella by 300.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,124 shares of the semiconductor company's stock valued at $82,000 after acquiring an additional 843 shares during the last quarter. Finally, MetLife Investment Management LLC increased its holdings in Ambarella by 4.9% during the 4th quarter. MetLife Investment Management LLC now owns 22,892 shares of the semiconductor company's stock valued at $1,665,000 after acquiring an additional 1,065 shares in the last quarter. Institutional investors and hedge funds own 82.09% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on AMBA. Needham & Company LLC raised their price objective on shares of Ambarella from $100.00 to $110.00 and gave the stock a "buy" rating in a research note on Thursday, February 27th. Rosenblatt Securities restated a "buy" rating and issued a $100.00 price objective on shares of Ambarella in a research report on Thursday, February 27th. StockNews.com raised Ambarella from a "sell" rating to a "hold" rating in a research note on Friday, February 28th. Stifel Nicolaus cut their target price on shares of Ambarella from $100.00 to $80.00 and set a "buy" rating for the company in a research note on Thursday, April 17th. Finally, Susquehanna raised their price target on shares of Ambarella from $95.00 to $100.00 and gave the stock a "positive" rating in a research note on Wednesday, January 22nd. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, Ambarella presently has an average rating of "Moderate Buy" and an average price target of $85.00.

Insider Activity

In other Ambarella news, VP Christopher Day sold 479 shares of the business's stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $55.02, for a total transaction of $26,354.58. Following the sale, the vice president now owns 15,441 shares in the company, valued at approximately $849,563.82. The trade was a 3.01 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Christopher B. Paisley sold 500 shares of the firm's stock in a transaction dated Tuesday, March 25th. The stock was sold at an average price of $55.50, for a total transaction of $27,750.00. Following the completion of the transaction, the director now owns 40,281 shares of the company's stock, valued at approximately $2,235,595.50. The trade was a 1.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,328 shares of company stock worth $513,467. Corporate insiders own 5.70% of the company's stock.

Ambarella Stock Up 1.0 %

AMBA traded up $0.46 during trading on Tuesday, reaching $47.75. The stock had a trading volume of 134,838 shares, compared to its average volume of 692,468. The stock has a 50 day moving average of $52.32 and a two-hundred day moving average of $63.68. 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 $2.03 billion, a price-to-earnings ratio of -12.35 and a beta of 1.86.

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.