Ambarella Inc (NASDAQ:AMBA) Institutional Investor Sentiment Trend

Ambarella, Inc. (NASDAQ:AMBA) Logo

Sentiment for Ambarella Inc (NASDAQ:AMBA)

Ambarella Inc (NASDAQ:AMBA) institutional sentiment decreased to 1.04 in Q3 2018. Its down -0.01, from 1.05 in 2018Q2. The ratio worsened, as 74 institutional investors started new and increased stock positions, while 71 decreased and sold equity positions in Ambarella Inc. The institutional investors in our partner’s database now hold: 23.81 million shares, up from 22.30 million shares in 2018Q2. Also, the number of institutional investors holding Ambarella Inc in their top 10 stock positions increased from 0 to 1 for an increase of 1. Sold All: 29 Reduced: 42 Increased: 42 New Position: 32.

Ambarella, Inc. develops semiconductor processing solutions for video that enable high-definition video capture, sharing, and display worldwide. The company has market cap of $1.25 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 currently has negative earnings. 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 decreased 0.08% or $0.03 during the last trading session, reaching $39.02. About 632,164 shares traded. Ambarella, Inc. (NASDAQ:AMBA) has declined 33.47% since December 12, 2017 and is downtrending. It has underperformed by 33.47% the S&P500.

Analysts await Ambarella, Inc. (NASDAQ:AMBA) to report earnings on March, 7. They expect $-0.29 earnings per share, down 825.00 % or $0.33 from last year’s $0.04 per share. After $-0.28 actual earnings per share reported by Ambarella, Inc. for the previous quarter, Wall Street now forecasts 3.57 % negative EPS growth.

Van Berkom & Associates Inc. holds 1.88% of its portfolio in Ambarella, Inc. for 1.71 million shares. Axel Capital Management Llc owns 46,000 shares or 1.58% of their US portfolio. Moreover, Shanda Asset Management Holdings Ltd has 1.24% invested in the company for 200,000 shares. The Tennessee-based Reliant Investment Management Llc has invested 0.78% in the stock. Vident Investment Advisory Llc, a Georgia-based fund reported 514,823 shares.

Since January 1, 0001, it had 0 insider purchases, and 14 sales for $2.60 million activity.

Ambarella, Inc. (NASDAQ:AMBA) Ratings Coverage

Ratings analysis reveals 67% of Ambarella’s analysts are positive. Out of 3 Wall Street analysts rating Ambarella, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $38 while the high is $5000. The stock’s average target of $44.33 is 13.61% above today’s ($39.02) share price. AMBA was included in 3 notes of analysts from August 31, 2018. Deutsche Bank maintained it with “Hold” rating and $38 target in Friday, August 31 report. The stock of Ambarella, Inc. (NASDAQ:AMBA) earned “Buy” rating by Stifel Nicolaus on Friday, August 31. The company was maintained on Monday, November 26 by Morgan Stanley.

More notable recent Ambarella, Inc. (NASDAQ:AMBA) news were published by: Nasdaq.com which released: “Noteworthy Friday Option Activity: AMBA, ABUS, ALKS – Nasdaq” on November 09, 2018, also Benzinga.com with their article: “A Peek Into The Markets: US Stock Futures Down, Dow Futures Fall Over 100 Points – Benzinga” published on November 30, 2018, Streetinsider.com published: “After-Hours Movers 11/29: (AMBA) (WDAY) (SPLK) Higher; (ASYS) (VSLR) (GME) Lower (more…) – StreetInsider.com” on November 29, 2018. More interesting news about Ambarella, Inc. (NASDAQ:AMBA) were released by: Nasdaq.com and their article: “Mid-Day Update: Stocks Flat as Wall Street Treads Water Before Trump/Xi Meeting – Nasdaq” published on November 30, 2018 as well as Nasdaq.com‘s news article titled: “Wall Street Bracing for Pivotal Trade Negotiations – Nasdaq” with publication date: November 30, 2018.

Ambarella, Inc. (NASDAQ:AMBA) Ratings Chart

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