Legal & General Group Plc Has $43.50 Million Stock Holdings in Ambarella, Inc. $AMBA

Legal & General Group Plc increased its holdings in shares of Ambarella, Inc. (NASDAQ:AMBA) by 18.4% in the 4th quarter, HoldingsChannel reports. The firm owned 614,017 shares of the semiconductor company’s stock after acquiring an additional 95,218 shares during the period. Legal & General Group Plc’s holdings in Ambarella were worth $43,497,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC grew its stake in Ambarella by 362.2% during the second quarter. EverSource Wealth Advisors LLC now owns 416 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 326 shares during the period. Advisory Services Network LLC acquired a new stake in Ambarella during the third quarter worth approximately $33,000. Advisors Asset Management Inc. grew its stake in Ambarella by 44.1% during the first quarter. Advisors Asset Management Inc. now owns 935 shares of the semiconductor company’s stock worth $47,000 after purchasing an additional 286 shares during the period. Flagship Harbor Advisors LLC acquired a new stake in Ambarella during the fourth quarter worth approximately $48,000. Finally, Rothschild Investment LLC grew its stake in Ambarella by 78.1% during the third quarter. Rothschild Investment LLC now owns 641 shares of the semiconductor company’s stock worth $53,000 after purchasing an additional 281 shares during the period. Institutional investors and hedge funds own 82.09% of the company’s stock.

Insider Transactions at Ambarella

In other Ambarella news, CFO John Alexander Young sold 400 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $96.00, for a total value of $38,400.00. Following the completion of the sale, the chief financial officer owned 117,623 shares of the company’s stock, valued at approximately $11,291,808. This trade represents a 0.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Feng-Ming Wang sold 32,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $91.01, for a total value of $2,957,825.00. Following the completion of the sale, the chief executive officer directly owned 806,061 shares of the company’s stock, valued at $73,359,611.61. This trade represents a 3.88% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 136,799 shares of company stock worth $8,917,902. 4.50% of the stock is currently owned by insiders.

Ambarella Stock Performance

Shares of Ambarella stock opened at $72.18 on Friday. Ambarella, Inc. has a 52 week low of $48.30 and a 52 week high of $96.69. The stock has a 50 day moving average price of $65.86 and a two-hundred day moving average price of $68.45. The stock has a market capitalization of $3.17 billion, a PE ratio of -44.83 and a beta of 2.17.

Ambarella (NASDAQ:AMBA) last announced its quarterly earnings data on Thursday, May 28th. The semiconductor company reported $0.11 EPS for the quarter, meeting analysts’ consensus estimates of $0.11. Ambarella had a negative return on equity of 11.02% and a negative net margin of 17.18%.The firm had revenue of $100.36 million during the quarter, compared to analysts’ expectations of $100.12 million. During the same quarter last year, the firm posted $0.07 earnings per share. The company’s revenue for the quarter was up 16.9% compared to the same quarter last year. Research analysts forecast that Ambarella, Inc. will post -1.27 EPS for the current year.

Key Stories Impacting Ambarella

Here are the key news stories impacting Ambarella this week:

• Positive Sentiment: Q1 revenue rose 16.9% year over year to $100.4 million and EPS matched expectations, showing solid execution. Ambarella (AMBA) Meets Q1 Earnings Estimates
• Positive Sentiment: The Hanwha edge-AI partnership could bring over $800 million in potential revenue over time, strengthening Ambarella’s long-term growth case. Hanwha and Ambarella Enter Into Long-Term Edge AI Agreement
• Positive Sentiment: Analysts such as Needham and Bank of America raised price targets, signaling continued optimism about Ambarella’s edge-AI and automotive opportunity. Quinn Bolton Reiterates Buy on Ambarella, Sets $100 DCF-Based Price Target on Strengthening Auto, Robotics, and Long-Term Deal Momentum
• Neutral Sentiment: Management announced a $50 million buyback, but investors seem focused more on the near-term outlook than capital return. Ambarella, Inc. Announces First Quarter Fiscal Year 2027 Financial Results
• Negative Sentiment: Second-quarter revenue guidance came in cautious, and supply-chain cost pressures raised concerns about demand and margins later in the year. Ambarella Stock Slides After Lackluster Q1 Results
• Negative Sentiment: Summit Insights downgraded Ambarella to Hold, which reinforced the post-earnings selloff. Summit Insights downgrade on Ambarella

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Rosenblatt Securities reaffirmed a “buy” rating and set a $115.00 target price on shares of Ambarella in a research note on Tuesday, May 26th. Stifel Nicolaus set a $106.00 target price on Ambarella in a research note on Friday. Consumer Edge reaffirmed a “buy” rating on shares of Ambarella in a research note on Friday, May 22nd. Bank of America raised their target price on Ambarella from $72.00 to $96.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, Summit Insights cut Ambarella from a “buy” rating to a “hold” rating in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Ambarella currently has an average rating of “Moderate Buy” and a consensus target price of $99.75.

Ambarella Profile

Ambarella, Inc is a global semiconductor company headquartered in Santa Clara, California, specializing in video compression, image processing and computer vision technologies. The company designs low-power, high-definition system-on-chip (SoC) solutions that enable the capture, processing and streaming of video in a variety of embedded applications. Ambarella’s platforms combine advanced video encoding, multi-core central processing units and hardware accelerators to deliver high-resolution imaging with low power consumption.

Ambarella’s product portfolio caters to multiple markets, including security and surveillance, automotive vision, wearable cameras, drones and robotics.