$-0.20 EPS Expected for Ambarella, Inc. (AMBA)

May 25, 2018 - By Adrian Erickson

Ambarella, Inc. (NASDAQ:AMBA) LogoInvestors sentiment decreased to 1.1 in 2017 Q4. Its down 0.11, from 1.21 in 2017Q3. It is negative, as 29 investors sold Ambarella, Inc. shares while 51 reduced holdings. 40 funds opened positions while 48 raised stakes. 22.14 million shares or 10.73% more from 19.99 million shares in 2017Q3 were reported.
Columbia Wanger Asset Mngmt Limited Liability, Illinois-based fund reported 535,129 shares. Guggenheim Capital Ltd Limited Liability Company accumulated 12,547 shares. Deutsche Savings Bank Ag holds 0.01% of its portfolio in Ambarella, Inc. (NASDAQ:AMBA) for 267,418 shares. Alliancebernstein Limited Partnership, a New York-based fund reported 375,150 shares. Public Employees Retirement Association Of Colorado holds 0% or 7,125 shares. Legal And General Gru Public Limited has invested 0% in Ambarella, Inc. (NASDAQ:AMBA). Blackrock accumulated 1.52 million shares or 0% of the stock. Cornerstone Incorporated has invested 0% in Ambarella, Inc. (NASDAQ:AMBA). Jefferies Group Lc owns 1,900 shares or 0% of their US portfolio. First Interstate Natl Bank has invested 0.01% in Ambarella, Inc. (NASDAQ:AMBA). Moreover, Security has 0.02% invested in Ambarella, Inc. (NASDAQ:AMBA). Sei, a Pennsylvania-based fund reported 88,401 shares. Hall Laurie J Trustee has invested 0.02% of its portfolio in Ambarella, Inc. (NASDAQ:AMBA). State Of Tennessee Treasury Department has invested 0.15% in Ambarella, Inc. (NASDAQ:AMBA). Price T Rowe Associates Incorporated Md has invested 0% in Ambarella, Inc. (NASDAQ:AMBA).

Since December 11, 2017, it had 0 buys, and 11 insider sales for $2.62 million activity. $319,694 worth of Ambarella, Inc. (NASDAQ:AMBA) was sold by Wang Feng-Ming. Kohn Leslie sold $162,394 worth of stock. Another trade for 2,000 shares valued at $118,463 was sold by PAISLEY CHRISTOPHER B. The insider Chen Yun-Lung sold $678,132. Laplante George also sold $147,853 worth of Ambarella, Inc. (NASDAQ:AMBA) shares.

Analysts expect Ambarella, Inc. (NASDAQ:AMBA) to report $-0.20 EPS on June, 5.They anticipate $0.27 EPS change or 385.71 % from last quarter’s $0.07 EPS. After having $0.04 EPS previously, Ambarella, Inc.’s analysts see -600.00 % EPS growth. The stock decreased 0.75% or $0.38 during the last trading session, reaching $50.4. About 491,458 shares traded. Ambarella, Inc. (NASDAQ:AMBA) has declined 11.95% since May 25, 2017 and is downtrending. It has underperformed by 23.50% the S&P500.

Ambarella, Inc. (NASDAQ:AMBA) Ratings Coverage

Among 5 analysts covering Ambarella (NASDAQ:AMBA), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ambarella has $67.0 highest and $64.0 lowest target. $65.25’s average target is 29.46% above currents $50.4 stock price. Ambarella had 5 analyst reports since December 1, 2017 according to SRatingsIntel. The stock has “Buy” rating by Stifel Nicolaus on Thursday, March 1. The rating was maintained by Morgan Stanley on Wednesday, December 13 with “Overweight”. The firm earned “Outperform” rating on Wednesday, January 3 by Oppenheimer. Canaccord Genuity maintained it with “Buy” rating and $67.0 target in Friday, December 1 report.

Ambarella, Inc. develops semiconductor processing solutions for video that enable high-definition video capture, sharing, and display worldwide. The company has market cap of $1.69 billion. The company'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 91.64 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.

More important recent Ambarella, Inc. (NASDAQ:AMBA) news were published by: Benzinga.com which released: “Cowen Models 30% Upside In Nvidia” on May 18, 2018, also Fool.com published article titled: “Better Buy: Ambarella vs. Intel”, Nasdaq.com published: “Force Protection Video Equipment Receives Patent Pending Status for its Proprietary Design from the US Patent and …” on May 23, 2018. More interesting news about Ambarella, Inc. (NASDAQ:AMBA) was released by: Nasdaq.com and their article: “Ambarella Announces Q1 FY 2019 Earnings Conference Call to be Held June 5” with publication date: May 16, 2018.

Ambarella, Inc. (NASDAQ:AMBA) Ratings Chart

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