S&P 500 slips, but losses kept in check as Nvidia climbs ahead of results
Christopher B. Paisley, a director at Ambarella Inc (NASDAQ:AMBA), sold 1,000 shares of the company’s stock on June 25, 2025, for $62.58 per share. The total value of the transaction amounted to $62,580.
Following the transaction, Paisley directly owns 39,281 shares of Ambarella.
The sale was executed under a Rule 10b5-1 trading plan adopted on June 13, 2024.
In other recent news, Ambarella has reported strong financial results for the first quarter of fiscal year 2026, with revenue reaching $86 million and non-GAAP earnings per share at $0.07, both surpassing consensus estimates. The company has also provided an optimistic revenue guidance for the second quarter, projecting $90 million, which indicates a significant year-over-year growth of approximately 41%. Stifel has reiterated its Buy rating on Ambarella, maintaining a price target of $80, following positive discussions with the company’s management about its AI vision growth strategy. Meanwhile, Ambarella is exploring strategic options, including a potential sale, as reported by Bloomberg, with the company engaging bankers and reaching out to potential buyers. This has sparked interest from both chip rivals and private equity firms, although no transaction is certain at this stage. KeyBanc has maintained a Sector Weight rating, acknowledging Ambarella’s robust first-quarter results and revised fiscal year 2026 revenue growth outlook. The company now anticipates a 22% increase at the midpoint, driven by demand for edge AI technology. Oppenheimer has also maintained its Perform rating, noting the raised full-year guidance and the development of a new chip aimed at enhancing performance. Despite these positive developments, some analysts remain cautious due to valuation and macroeconomic concerns.
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