Ambarella director Paisley sells $62,580 in stock

Published 27/06/2025, 17:20
Ambarella director Paisley sells $62,580 in stock

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.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.