Edmond DE Rothschild Holding S.A. decreased its holdings in shares of Ambarella Inc (NASDAQ:AMBA) by 38.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,630 shares of the semiconductor company’s stock after selling 1,000 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in Ambarella were worth $70,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. First National Bank of Omaha raised its stake in Ambarella by 1.2% during the first quarter. First National Bank of Omaha now owns 24,595 shares of the semiconductor company’s stock valued at $1,063,000 after purchasing an additional 288 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its stake in Ambarella by 10.7% during the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 6,762 shares of the semiconductor company’s stock valued at $292,000 after purchasing an additional 652 shares in the last quarter. First Trust Advisors LP raised its stake in Ambarella by 5.9% during the first quarter. First Trust Advisors LP now owns 16,783 shares of the semiconductor company’s stock valued at $725,000 after purchasing an additional 935 shares in the last quarter. Granite Investment Partners LLC raised its stake in Ambarella by 5.6% during the fourth quarter. Granite Investment Partners LLC now owns 20,815 shares of the semiconductor company’s stock valued at $728,000 after purchasing an additional 1,097 shares in the last quarter. Finally, Krane Funds Advisors LLC raised its stake in Ambarella by 14.8% during the first quarter. Krane Funds Advisors LLC now owns 9,834 shares of the semiconductor company’s stock valued at $425,000 after purchasing an additional 1,267 shares in the last quarter. 74.85% of the stock is currently owned by institutional investors.

AMBA stock opened at $41.47 on Tuesday. Ambarella Inc has a twelve month low of $30.00 and a twelve month high of $52.12. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of -36.70 and a beta of 1.30.

In other Ambarella news, VP Christopher Day sold 3,700 shares of the business’s stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $43.23, for a total transaction of $159,951.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Leslie Kohn sold 3,571 shares of the business’s stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $43.48, for a total transaction of $155,267.08. Following the transaction, the insider now owns 918,306 shares in the company, valued at approximately $39,927,944.88. The disclosure for this sale can be found here. Insiders have sold 14,566 shares of company stock worth $631,688 in the last quarter. Company insiders own 6.31% of the company’s stock.

A number of equities research analysts recently issued reports on the stock. BidaskClub raised shares of Ambarella from a “sell” rating to a “hold” rating in a research note on Tuesday. Bank of America reaffirmed an “underperform” rating and set a $42.00 price target (up previously from $36.00) on shares of Ambarella in a research note on Wednesday, June 5th. Needham & Company LLC downgraded shares of Ambarella from a “hold” rating to an “underperform” rating in a research note on Wednesday, June 5th. Craig Hallum raised shares of Ambarella from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a research note on Wednesday, March 6th. Finally, ValuEngine raised shares of Ambarella from a “hold” rating to a “buy” rating in a research note on Saturday, March 30th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company’s stock. Ambarella has a consensus rating of “Hold” and an average target price of $45.00.

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About Ambarella

Ambarella, Inc develops semiconductor processing solutions for video that enable high-definition (HD), video capture, analysis, sharing, and display worldwide. The company's system-on-a-chip designs integrated HD video processing, image processing, computer vision functionality, audio processing, and system functions onto a single chip for delivering video and image quality, differentiated functionality, and low power consumption.

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Institutional Ownership by Quarter for Ambarella (NASDAQ:AMBA)

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