Ambarella Inc (AMBA) Stake Boosted by San Francisco Sentry Investment Group CA

San Francisco Sentry Investment Group CA raised its position in shares of Ambarella Inc (NASDAQ:AMBA) by 692.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,125 shares of the semiconductor company’s stock after buying an additional 7,100 shares during the quarter. San Francisco Sentry Investment Group CA’s holdings in Ambarella were worth $477,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. TIAA CREF Investment Management LLC lifted its position in Ambarella by 9.3% in the second quarter. TIAA CREF Investment Management LLC now owns 94,310 shares of the semiconductor company’s stock worth $4,579,000 after purchasing an additional 8,020 shares during the period. Amalgamated Bank lifted its position in shares of Ambarella by 3.6% during the 2nd quarter. Amalgamated Bank now owns 4,126 shares of the semiconductor company’s stock valued at $200,000 after acquiring an additional 143 shares during the last quarter. New York State Common Retirement Fund lifted its position in shares of Ambarella by 17.1% during the 2nd quarter. New York State Common Retirement Fund now owns 54,911 shares of the semiconductor company’s stock valued at $2,666,000 after acquiring an additional 8,014 shares during the last quarter. Northern Trust Corp lifted its position in shares of Ambarella by 4.5% during 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 last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Ambarella by 2.9% during the 2nd quarter. Vanguard Group Inc. now owns 2,145,609 shares of the semiconductor company’s stock valued at $104,169,000 after acquiring an additional 60,770 shares during the last quarter. Hedge funds and other institutional investors own 62.95% of the company’s stock.

Shares of Ambarella Inc (NASDAQ:AMBA) traded down $0.77 on Friday, reaching $48.27. 345,875 shares of the company’s stock were exchanged, compared to its average volume of 1,080,000. The company has a market capitalization of $1,610.00, a PE ratio of 46.41, a price-to-earnings-growth ratio of 6.68 and a beta of 1.52. Ambarella Inc has a 1 year low of $40.06 and a 1 year 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 Thomson Reuters’ consensus estimate of $0.67 by $0.08. The company had revenue of $89.06 million during the quarter, compared to analyst estimates of $89.41 million. Ambarella had a net margin of 11.51% and a return on equity of 7.87%. The company’s revenue was down 11.4% on a year-over-year basis. During the same quarter last year, the business posted $1.11 earnings per share. research analysts predict that Ambarella Inc will post 0.7 earnings per share for the current year.

In related news, VP Yun-Lung Chen sold 11,340 shares of the firm’s stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $59.80, for a total value of $678,132.00. Following the completion of the sale, the vice president now owns 11,386 shares of the company’s stock, valued at $680,882.80. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Christopher Day sold 1,111 shares of the firm’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $57.69, for a total transaction of $64,093.59. Following the completion of the sale, the vice president now directly owns 22,216 shares of the company’s stock, valued at approximately $1,281,641.04. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 36,553 shares of company stock valued at $2,145,108. Company insiders own 5.80% of the company’s stock.

AMBA has been the subject of a number of research analyst reports. Zacks Investment Research upgraded Ambarella from a “sell” rating to a “hold” rating in a report on Wednesday, November 1st. Needham & Company LLC reaffirmed a “hold” rating on shares of Ambarella in a research note on Friday, December 1st. UBS Group raised shares of Ambarella from a “market perform” rating to an “outperform” rating in a research note on Wednesday, January 3rd. BidaskClub downgraded shares of Ambarella from a “hold” rating to a “sell” rating in a research report on Thursday, December 7th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $62.00 target price (up from $52.00) on shares of Ambarella in a research report on Wednesday, November 22nd. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $60.14.

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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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