Institutional Investors Negative on on Ambarella Inc Crashed

May 16, 2018 - By Margarite Burden

Ambarella, Inc. (NASDAQ:AMBA) Logo

Sentiment for Ambarella Inc (NASDAQ:AMBA)

Ambarella Inc (NASDAQ:AMBA) institutional sentiment decreased to 1.1 in Q4 2017. Its down -0.11, from 1.21 in 2017Q3. The ratio dived, as 88 investment managers increased or opened new stock positions, while 80 decreased and sold equity positions in Ambarella Inc. The investment managers in our partner’s database now possess: 22.14 million shares, up from 19.99 million shares in 2017Q3. Also, the number of investment managers holding Ambarella Inc in their top 10 stock positions decreased from 2 to 1 for a decrease of 1. Sold All: 29 Reduced: 51 Increased: 48 New Position: 40.

Ambarella, Inc. develops semiconductor processing solutions for video that enable high-definition video capture, sharing, and display worldwide. The company has market cap of $1.82 billion. The companyÂ’s system-on-a-chip creates integrated HD video processing, image processing, audio processing, and system functions onto a single chip for delivering video and image quality, differentiated functionality, and low power consumption. It has a 98.64 P/E ratio. The Company’s solutions enable the creation of video content for wearable sports cameras, automotive aftermarket cameras, and professional and consumer Internet Protocol (IP) security cameras, as well as cameras incorporated into unmanned aerial vehicles in the camera market; and manage IP video traffic, broadcast encoding and transcoding, and IP video delivery applications in the infrastructure market.

The stock increased 6.94% or $3.52 during the last trading session, reaching $54.25. About 3.59M shares traded or 294.80% up from the average. Ambarella, Inc. (NASDAQ:AMBA) has declined 11.95% since May 16, 2017 and is downtrending. It has underperformed by 23.50% the S&P500.

Analysts await Ambarella, Inc. (NASDAQ:AMBA) to report earnings on June, 5. They expect $-0.20 earnings per share, down 385.71 % or $0.27 from last year’s $0.07 per share. After $0.04 actual earnings per share reported by Ambarella, Inc. for the previous quarter, Wall Street now forecasts -600.00 % negative EPS growth.

Tide Point Capital Management Lp holds 3.09% of its portfolio in Ambarella, Inc. for 771,731 shares. Firsthand Capital Management Inc. owns 50,000 shares or 2.16% of their US portfolio. Moreover, Criterion Capital Management Llc has 2.12% invested in the company for 599,300 shares. The New York-based Prince Street Capital Management Llc has invested 2.09% in the stock. Van Berkom & Associates Inc., a Quebec – Canada-based fund reported 1.02 million shares.

Since January 1, 0001, it had 0 buys, and 11 selling transactions for $2.62 million activity.

Ambarella, Inc. (NASDAQ:AMBA) Ratings Coverage

Ratings analysis reveals 100% of Ambarella’s analysts are positive. Out of 4 Wall Street analysts rating Ambarella, 4 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $62.0 while the high is $67.0. The stock’s average target of $65.33 is 20.42% above today’s ($54.25) share price. AMBA was included in 5 notes of analysts from November 22, 2017. Stifel Nicolaus maintained Ambarella, Inc. (NASDAQ:AMBA) rating on Thursday, March 1. Stifel Nicolaus has “Buy” rating and $64.0 target. Canaccord Genuity maintained the shares of AMBA in report on Friday, December 1 with “Buy” rating. The firm earned “Overweight” rating on Wednesday, December 13 by Morgan Stanley. Stifel Nicolaus maintained Ambarella, Inc. (NASDAQ:AMBA) rating on Wednesday, November 22. Stifel Nicolaus has “Buy” rating and $62.0 target. Oppenheimer upgraded the shares of AMBA in report on Wednesday, January 3 to “Outperform” rating.

More notable recent Ambarella, Inc. (NASDAQ:AMBA) news were published by: Businesswire.com which released: “Ambarella’s VisLab Marks 20-Year Anniversary of MilleMiglia in Automatico” on May 14, 2018, also Nasdaq.com with their article: “Force Protection Video Reports Record Sales” published on May 02, 2018, Globenewswire.com published: “Recent Analysis Shows Morningstar, Tactile Systems Technology, Allete, Tetraphase Pharmaceuticals, Magellan …” on April 30, 2018. More interesting news about Ambarella, Inc. (NASDAQ:AMBA) were released by: Globenewswire.com and their article: “Ambarella CFO George Laplante to Retire Later This Year” published on April 18, 2018 as well as Fool.com‘s news article titled: “Will Computer Vision Lift Ambarella Higher?” with publication date: April 23, 2018.

Ambarella, Inc. (NASDAQ:AMBA) Ratings Chart

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