How are energy investors positioned?
Christopher Day, Vice President of Marketing at Ambarella Inc . (NASDAQ:AMBA), recently sold 834 shares of the company’s stock, according to a filing with the Securities and Exchange Commission. The shares were sold on March 6 at a price of $55.11 each, totaling $45,961. This transaction was executed to cover tax obligations resulting from the vesting of restricted stock units, as noted in the filing. The sale occurred amid significant market volatility for Ambarella, with the stock down nearly 13% in the past week and currently trading at $53.07.
In a separate transaction on March 5, Day acquired 1,990 ordinary shares at no cost. These shares were awarded as fully-vested restricted stock units as part of the company’s Fiscal Year 2025 Annual Bonus Plan. Following these transactions, Day holds 15,686 shares of Ambarella stock directly. According to InvestingPro data, while Ambarella currently shows weak overall financial health, analysts maintain optimistic price targets ranging from $75 to $110, suggesting potential upside from current levels. Get access to more detailed insights and 10 additional ProTips with an InvestingPro subscription.
In other recent news, Ambarella reported its 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 achieved a non-GAAP earnings per share of $0.11, significantly exceeding Stifel’s predicted $0.02 loss per share. Ambarella’s guidance for the first quarter of fiscal year 2026 anticipates consistent revenue of $84.0 million, 13.4% above Stifel’s earlier forecast. Analysts at Stifel, Needham, and Rosenblatt have responded positively, with Stifel and Rosenblatt maintaining a Buy rating and Needham raising the stock price target to $110. KeyBanc Capital Markets, however, maintained a Sector Weight rating, noting a neutral stance while acknowledging Ambarella’s strong financial performance.
In addition to financial updates, Ambarella announced the appointment of Chantelle Breithaupt as an independent director to its board. This move aligns with the company’s ongoing efforts in board diversification and governance enhancement. Furthermore, Ambarella’s Compensation Committee has approved a Fiscal Year 2026 Annual Bonus Plan with targets ranging from 40% to 100% of executives’ annual base salaries, depending on performance metrics. Despite the optimistic financial outlook, Ambarella remains cautious about the latter half of fiscal year 2026 due to potential impacts from tariffs and geopolitical issues.
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