Ambarella Inc (NASDAQ: AMBA) is -22.81% lower on its value in year-to-date trading and has touched a low of $39.69 and a high of $85.15 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 $55.35 in the last trading session, with the day’s gains setting it 0.8%.
Currently trading at $56.15, the stock is -22.77% and -24.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing 1.45% at the moment leaves the stock -8.29% off its SMA200. AMBA registered -1.77% loss for a year compared to 6-month gain of -5.95%.
The stock witnessed a -25.44% loss in the last 1 month and extending the period to 3 months gives it a -21.52%, and is -25.93% down 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 11.08% over the week and 5.89% over the month.
Ambarella Inc (AMBA) has around 915 employees, a market worth around $2.34B and $284.87M in sales. Fwd P/E is 241.27. Profit margin for the company is -41.12%. Distance from 52-week low is 41.47% and -34.06% from its 52-week high. The company has generated returns on investments over the last 12 months (-20.77%).
with sales reaching $84.01M over the same period.The EPS is expected to grow by 112.50% this year, but quarterly earnings will post 17.08% year-over-year. Quarterly sales are estimated to grow 54.23% in year-over-year returns.
The shares outstanding are 41.70M, and float is at 39.26M with Short Float at 4.80%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 4.6 million shares valued at $247.96 million. The investor’s holdings represent 11.272 of the AMBA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.47 million shares valued at $187.38 million to account for 8.5178 of the shares outstanding. The other top investors are STATE STREET CORP which holds 1.88 million shares representing 4.5621 and valued at over $101.23 million, while MILLENNIUM MANAGEMENT LLC holds 3.5193 of the shares totaling 1.45 million with a market value of $78.09 million.
Ambarella Inc (AMBA) Insider Activity
A total of 0 insider transactions have happened at Ambarella Inc (AMBA) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Lee Chan W, the company’s Chief Operating Officer. SEC filings show that Lee Chan W sold 1,000 shares of the company’s common stock on Jan 16 ’25 at a price of $77.21 per share for a total of $77210.0. Following the sale, the insider now owns 0.11 million shares.
Ambarella Inc disclosed in a document filed with the SEC on Jan 15 ’25 that Lee Chan W (Chief Operating Officer) sold a total of 1,000 shares of the company’s common stock. The trade occurred on Jan 15 ’25 and was made at $75.90 per share for $75900.0. Following the transaction, the insider now directly holds 0.11 million shares of the AMBA stock.
Still, SEC filings show that on Jan 16 ’25, Lee Chan W (Officer) Proposed Sale 1,000 shares at an average price of $77.21 for $77210.0. The insider now directly holds 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 32.24% up over the past 12 months.Texas Instruments Inc. (TXN) lies in the list of competitors of the Ambarella Inc and is 13.79% higher over the same period from AMBAIntel Corp. (INTC) is -53.25% down on the 1-year trading charts.
