Ambarella Inc (AMBA) Shares Bought by San Francisco Sentry Investment Group CA

San Francisco Sentry Investment Group CA boosted its holdings in Ambarella Inc (NASDAQ:AMBA) by 692.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,125 shares of the semiconductor company’s stock after acquiring an additional 7,100 shares during the period. San Francisco Sentry Investment Group CA’s holdings in Ambarella were worth $477,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp raised its stake in Ambarella by 5.9% in the 2nd quarter. State Street Corp now owns 595,044 shares of the semiconductor company’s stock valued at $28,894,000 after acquiring an additional 33,237 shares during the period. Alpine Woods Capital Investors LLC raised its stake in Ambarella by 21.8% in the 3rd quarter. Alpine Woods Capital Investors LLC now owns 29,100 shares of the semiconductor company’s stock valued at $1,426,000 after acquiring an additional 5,200 shares during the period. McCollum Christoferson Group LLC bought a new stake in Ambarella in the 4th quarter valued at $3,930,000. Caxton Associates LP bought a new stake in Ambarella in the 3rd quarter valued at $1,005,000. Finally, Northern Trust Corp raised its stake in Ambarella by 4.5% in the 2nd quarter. Northern Trust Corp now owns 344,807 shares of the semiconductor company’s stock valued at $16,741,000 after acquiring an additional 14,710 shares during the period. Institutional investors and hedge funds own 63.06% of the company’s stock.

A number of research firms recently weighed in on AMBA. Zacks Investment Research upgraded Ambarella from a “sell” rating to a “hold” rating in a research note on Wednesday, January 31st. BidaskClub cut Ambarella from a “sell” rating to a “strong sell” rating in a research note on Friday, January 19th. Oppenheimer upgraded Ambarella from a “market perform” rating to a “buy” rating and set a $70.00 price target on the stock in a research note on Wednesday, January 3rd. UBS Group upgraded Ambarella from a “market perform” rating to an “outperform” rating in a research note on Wednesday, January 3rd. Finally, Vetr cut Ambarella from a “buy” rating to a “hold” rating and set a $61.51 price target on the stock. in a research note on Thursday, December 28th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company’s stock. Ambarella has an average rating of “Hold” and a consensus price target of $60.14.

In other Ambarella news, CEO Feng-Ming Wang sold 8,851 shares of the stock in a transaction on Monday, December 18th. The stock was sold at an average price of $57.69, for a total transaction of $510,614.19. Following the transaction, the chief executive officer now owns 293,267 shares in the company, valued at approximately $16,918,573.23. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Yun-Lung Chen sold 11,340 shares of the stock in a transaction on Monday, December 11th. The stock was sold at an average price of $59.80, for a total value of $678,132.00. Following the transaction, the vice president now owns 11,386 shares in the company, valued at approximately $680,882.80. The disclosure for this sale can be found here. Insiders have sold a total of 36,553 shares of company stock worth $2,145,108 in the last quarter. Company insiders own 5.80% of the company’s stock.

Ambarella Inc (AMBA) opened at $48.18 on Friday. The firm has a market capitalization of $1,604.73, a price-to-earnings ratio of 45.89, a price-to-earnings-growth ratio of 6.67 and a beta of 1.52. Ambarella Inc has a 12-month low of $40.06 and a 12-month high of $66.23.

Ambarella (NASDAQ:AMBA) last posted its quarterly earnings data on Thursday, November 30th. The semiconductor company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.08. The firm had revenue of $89.06 million for the quarter, compared to analysts’ expectations of $89.41 million. Ambarella had a return on equity of 7.87% and a net margin of 11.51%. The company’s quarterly revenue was down 11.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.11 EPS. equities analysts expect that Ambarella Inc will post 0.7 earnings per share for the current year.

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Ambarella Profile

Ambarella, Inc offers semiconductor processing solutions for video that enable high-definition (HD), video capture, sharing and display. The Company operates through the development and sale of low-power, high-definition video products segment. Its system-on-a-chip designs incorporate HD video processing, image processing, audio processing and system functions onto a single chip.

Institutional Ownership by Quarter for Ambarella (NASDAQ:AMBA)

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