Ambarella, Inc. - Ordinary Shar (AMBA) Sees 52-Week Low

Ambarella, Inc. - Ordinary Shar (AMBA) Sees 52-Week Low”

Ambarella, Inc. (AMBA) average trading volume of 1,374,715 during the past month is 38.01% above its average volume over the past year, indicating that investors have been more active than usual in the stock in recent times. The stock has "Buy" rating by Dougherty & Company on Thursday, February 4.

Several other equities research analysts have also recently weighed in on the company. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating. Canaccord Genuity cut their price objective on shares of Ambarella from $72.00 to $58.00 and set a "buy" rating for the company in a research report on Tuesday. Reliant Investment Management Lc reported 1.33% in Ambarella Inc (NASDAQ:AMBA). The Company's product family includes Datawatch Monarch, Datawatch Panopticon and Datawatch Report Mining Server. Overall, volume was up 1,532.73% over the stocks normal daily volume.

Ambarella (NASDAQ:AMBA) opened at 42.24 on Friday. Company chares are trading at $41.90 which is quite a bit below $51.19, the 50 day moving average and which is significantly below the 200 day moving average of $54.10. Ambarella, Inc. has a 12 month low of $40.57 and a 12 month high of $74.95. This company shares are 52.04% off its target price of $64.22 and the current market capitalization stands at $1.41B. The semiconductor company reported $0.48 earnings per share for the quarter, topping analysts' consensus estimates of $0.44 by $0.04. During the same quarter in the previous year, the company posted $0.54 earnings per share. Victory Capital Management Inc. now owns 1,903 shares of the semiconductor company's stock valued at $104,000 after buying an additional 1,006 shares during the last quarter.

Ambarella, Inc. (AMBA) reported earning per shares for the quarter ending Aug 31 AMC at 0.48, whereas, 11 number of analysts estimated the mean EPS at 0.67. The value of the investment in Ambarella, Inc. "(AMBA) Price Target to $52.00" was first published by BBNS and is owned by of BBNS. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of United States & global trademark & copyright laws. Huntington Commercial Bank holds 0% of its portfolio in Ambarella Inc (NASDAQ:AMBA) for 474 shares.

Ambarella announced that its Board of Directors has initiated a stock buyback plan on Tuesday, June 6th that authorizes the company to repurchase $50.00 million in outstanding shares. This repurchase authorization authorizes the semiconductor company to repurchase up to 2.5% of its stock through open market purchases. Also, CEO Feng-Ming Wang sold 11,628 shares of the firm's stock in a transaction that occurred on Friday, June 16th. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In a transaction dated Jun. 16, 2017, the shares were put up for sale at an average price of $48.77, raking in a sum of $567,098. Following the completion of the sale, the chief financial officer now owns 100,848 shares of the company's stock, valued at $4,918,356.96. The disclosure for this sale can be found here.

The Stock had a 1.83 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.83 and 1.83 respectively.

Ambarella, Inc.'s average Book Value per Share Growth Rate was 20.8 percent during the past 12 months. Ambarella's quarterly revenue was up 10.0% on a year-over-year basis. FNY Partners Fund LP acquired a new stake in Ambarella in the first quarter valued at $164,000. The total value of its holdings increased 86.9%. Finally, Amalgamated Bank grew its holdings in Ambarella by 3.6% in the 2nd quarter. Shares repurchase programs are generally an indication that the company's management believes its stock is undervalued.

Multiple company employees have indulged in significant insider trading.

Ambarella, Inc offers semiconductor processing solutions for video that enable high-definition (HD), video capture, sharing and display.

Like this


06 September 2017
Hosking Partners LLP Has $6.10 Million Stake in Liberty Global PLC (LILAK)
Liberty Global plc - Class A Ordinary Shares (NASDAQ: LBTYA ) has declined 3.90% since September 4, 2016 and is downtrending. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Allegion PLC by 2.7% during the first quarter.

06 September 2017
Spirit Airlines, Inc. (NASDAQ:SAVE) Experiences Heavier than Usual Trading Volume
It is negative, as 41 investors sold SAVE shares while 73 reduced holdings. 50 funds opened positions while 76 raised stakes. Thompson Davis And Incorporated holds 0.01% of its portfolio in Spirit Airlines Incorporated (NASDAQ:SAVE) for 101 shares.

06 September 2017
Altria Group Inc (NYSE:MO) Institutional Investor Positioning
This repurchase authorization authorizes the company to repurchase up to 0.7% of its shares through open market purchases. COPYRIGHT VIOLATION WARNING: This article was originally posted by TrueBlueTribune and is owned by of TrueBlueTribune.

06 September 2017
Devon Energy Corporation (DVN) Holdings Boosted by Cipher Capital LP
The stock witnessed -6.34% declines, 2.71% gains and -4.63% declines for the 1-month, 3-month and 6-month period, respectively. The Ontario - Canada-based Manufacturers Life Insurance Communication The has invested 0.01% in LKQ Corporation (NASDAQ:LKQ).

06 September 2017
Starting QB Tyrrell Pigrome out for season
He was 9-for-12 passing with 175 yards and two touchdowns. "Kasimi came in the game and played well", Durkin said, ESPN reports . Melvin Keihn and Bryce Brand should get a lot more snaps as they're next on the depth chart.

06 September 2017
Duke Energy Corporation's (DUK) "Buy" Rating Reiterated at Royal Bank Of Canada
BidaskClub raised shares of Duke Energy Corp from a "hold" rating to a "buy" rating in a research report on Tuesday, August 22nd. The hedge funds in our partner's database now possess: 376.96 million shares, down from 378.15 million shares in 2016Q3.

06 September 2017
Boston Scientific Corporation (BSX) SVP Sells $1555805.68 in Stock
Grt Capital Partners L.L.C. owns 160,712 shares or 0.08% of their United States portfolio. 644,800 were reported by Natixis. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share.

06 September 2017
The Dumont & Blake Investment Advisors LLC Cuts Stake in Sysco Corporation (SYY)
The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.01. Equities research analysts anticipate that Sysco Corporation will post $2.76 earnings per share for the current year.

06 September 2017
Wellington Management Group LLP Cuts Stake in US Bancorp (USB)
Since May 3, 2017, it had 0 insider buys, and 3 selling transactions for $2.29 million activity. $15,576 worth of U.S. The Ariel Capital Advisors Llc holds 24,908 shares with $1.28 million value, up from 18,416 last quarter.

06 September 2017
Summary of what has been trade about Royal Caribbean Cruises Ltd. (RCL)
Going forward, the company's sailings in the U.S., Europe, Alaska, Baltic and Asia, are likely to continue performing strongly. ValuEngine raised Royal Caribbean Cruises from a "hold" rating to a "buy" rating in a research report on Friday, June 2nd.