Ambarella Inc (NASDAQ: AMBA) is -5.38% lower on its value in year-to-date trading and has touched a low of $43.59 and a high of $95.74 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AMBA stock was last observed hovering at around $57.96 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $57.99, the stock is 7.09% and 1.85% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.63 million and changing 0.05% at the moment leaves the stock -8.94% off its SMA200. AMBA registered -37.27% loss for a year compared to 6-month loss of -20.05%. The firm has a 50-day simple moving average (SMA 50) of $8.20 and a 200-day simple moving average (SMA200) of -$18.84.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 2.60% gain in the last 1 month and extending the period to 3 months gives it a 4.98%, and is 7.45% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.69% over the week and 3.81% over the month.
Ambarella Inc (AMBA) has around 937 employees, a market worth around $2.33B and $226.47M in sales. Profit margin for the company is -74.81%. Distance from 52-week low is 33.04% and -39.43% from its 52-week high. The company has generated returns on investments over the last 12 months (-30.16%).
Ambarella Inc quarterly earnings per share for the current quarter are estimated at -$0.33 with sales reaching $258.29M over the same period.The EPS is expected to shrink by -3.16% this year, but quarterly earnings will post 14.00% year-over-year. Quarterly sales are estimated to grow 14.00% in year-over-year returns.
376 institutions hold shares in Ambarella Inc (AMBA), with institutional investors hold 90.72% of the company’s shares. The shares outstanding are 39.04M, and float is at 37.82M with Short Float at 8.19%. Institutions hold 85.48% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 3.88 million shares valued at $324.88 million. The investor’s holdings represent 9.74% of the AMBA Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 3.34 million shares valued at $279.08 million to account for 8.36% of the shares outstanding. The other top investors are William Blair Investment Management, LLC which holds 1.68 million shares representing 4.21% and valued at over $140.41 million, while Macquarie Group Limited holds 4.14% of the shares totaling 1.65 million with a market value of $137.99 million.
Ambarella Inc (AMBA) Insider Activity
A total of 15 insider transactions have happened at Ambarella Inc (AMBA) in the last six months, with sales accounting for 8 and purchases happening 7 times. The most recent transaction is an insider sale by PAISLEY CHRISTOPHER B, the company’s Director. SEC filings show that PAISLEY CHRISTOPHER B sold 500 shares of the company’s common stock on Dec 26 at a price of $63.14 per share for a total of $31570.0. Following the sale, the insider now owns 39407.0 shares.
Ambarella Inc disclosed in a document filed with the SEC on Dec 19 that WHITE BRIAN C (CFO) sold a total of 3,357 shares of the company’s common stock. The trade occurred on Dec 19 and was made at $63.04 per share for $0.21 million. Following the transaction, the insider now directly holds 74140.0 shares of the AMBA stock.
Still, SEC filings show that on Dec 19, Wang Feng-Ming (CEO) disposed off 3,093 shares at an average price of $63.04 for $0.19 million. The insider now directly holds 760,559 shares of Ambarella Inc (AMBA).
Ambarella Inc (AMBA): Who are the competitors?
One of the company’s main competitors (and peers) include NVIDIA Corp. (NVDA) that is trading 242.16% up over the past 12 months.Texas Instruments Inc. (TXN) lies in the list of competitors of the Ambarella Inc and is -5.30% lower over the same period from AMBAIntel Corp. (INTC) is 65.77% up on the 1-year trading charts.
