Ambarella director Christopher Paisley sells $27,750 in shares

Published 26/03/2025, 22:52
Ambarella director Christopher Paisley sells $27,750 in shares

Christopher Paisley, a director at Ambarella Inc . (NASDAQ:AMBA), a $2.25 billion market cap company whose stock has declined about 26% year-to-date, recently sold 500 ordinary shares of the company. The transaction, which took place on March 25, 2025, was conducted at a price of $55.50 per share, totaling $27,750. The stock has since retreated to $53.94, and according to InvestingPro analysis, appears slightly overvalued at current levels. Following this sale, Paisley retains ownership of 40,281 shares. The sale was executed under a pre-established Rule 10b5-1 trading plan, which was adopted on June 13, 2024. InvestingPro subscribers can access 8 additional key insights about Ambarella’s financial health and market position through the comprehensive Pro Research Report.

In other recent news, Ambarella reported fourth-quarter fiscal year 2025 results with revenue reaching $84.0 million, a 1.6% increase from the previous quarter, surpassing Stifel’s estimate by 7.7%. The company also reported a non-GAAP earnings per share of $0.11, which was $0.13 higher than Stifel’s projected loss per share. Needham analysts raised Ambarella’s stock price target to $110, maintaining a Buy rating, while Stifel increased their target to $100, also maintaining a Buy rating. Both firms cited strong financial performance and positive future guidance as reasons for their optimism.

KeyBanc Capital Markets maintained a Sector Weight rating, acknowledging Ambarella’s impressive results but adopting a neutral stance pending further evidence of success from new technologies. Rosenblatt Securities reaffirmed their Buy rating with a steady price target of $100, highlighting Ambarella’s consistent growth and successful product transitions. Additionally, Ambarella appointed Chantelle Breithaupt as an independent director to its board, enhancing its governance and board diversity.

The company has also approved a Fiscal Year 2026 Annual Bonus Plan with a target bonus pool 19% larger than the previous year. This plan aims to incentivize executives based on revenue, operating profit, and non-financial objectives. Ambarella’s management remains cautious about the second half of fiscal year 2026, citing potential impacts from government policy decisions, including tariffs, which could affect performance.

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