AMBAC Financial Group Inc (NYSE: AMBC) is -31.84% lower on its value in year-to-date trading and has touched a low of $5.99 and a high of $13.64 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 AMBC stock was last observed hovering at around $7.35 in the last trading session, with the day’s gains setting it 1.3%.
Currently trading at $8.65, the stock is 20.06% and 16.68% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.26 million and changing 17.69% at the moment leaves the stock -12.44% off its SMA200. AMBC registered -31.62% loss for a year compared to 6-month loss of -23.79%. The firm has a 50-day simple moving average (SMA 50) of $7.4344 and a 200-day simple moving average (SMA200) of $9.9311.
The stock witnessed a 23.57% gain in the last 1 month and extending the period to 3 months gives it a 23.57%, and is 21.83% 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 7.19% over the week and 5.34% over the month.
AMBAC Financial Group Inc (AMBC) has around 380 employees, a market worth around $401.60M and $346.98M in sales. Current P/E ratio is 79.87 and Fwd P/E is 262.92. Profit margin for the company is 1.03%. Distance from 52-week low is 44.41% and -36.58% from its 52-week high. The company has generated returns on investments over the last 12 months (0.42%).
The EPS is expected to shrink by -165.69% this year
239.0 institutions hold shares in AMBAC Financial Group Inc (AMBC), with institutional investors hold 87.98% of the company’s shares. The shares outstanding are 46.43M, and float is at 42.12M with Short Float at 5.34%. Institutions hold 82.31% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 7.46 million shares valued at $95.69 million. The investor’s holdings represent 16.1521 of the AMBC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.89 million shares valued at $62.65 million to account for 10.5759 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 2.95 million shares representing 6.3904 and valued at over $37.86 million, while REPERTOIRE PARTNERS LP holds 4.4908 of the shares totaling 2.08 million with a market value of $26.6 million.
AMBAC Financial Group Inc (AMBC) Insider Activity
The most recent transaction is an insider purchase by Stein Jeffrey Scott, the company’s Director. SEC filings show that Stein Jeffrey Scott bought 15,000 shares of the company’s common stock on May 14 ’25 at a price of $6.46 per share for a total of $96900.0. Following the purchase, the insider now owns 50000.0 shares.
AMBAC Financial Group Inc disclosed in a document filed with the SEC on May 14 ’25 that PRICE MICHAEL D (Director) bought a total of 76,986 shares of the company’s common stock. The trade occurred on May 14 ’25 and was made at $6.49 per share for $0.5 million. Following the transaction, the insider now directly holds 0.17 million shares of the AMBC stock.
Still, SEC filings show that on May 14 ’25, LeBlanc Claude (Chief Executive Officer) acquired 40,000 shares at an average price of $6.50 for $0.26 million. The insider now directly holds 578,291 shares of AMBAC Financial Group Inc (AMBC).
