Domo signs strategic collaboration agreement with AWS for AI solutions
Christopher Day, Vice President of Marketing at Ambarella Inc . (NASDAQ:AMBA), recently sold 479 ordinary shares of the company. The transaction, which took place on March 18, was executed at a price of $55.02 per share, amounting to a total value of $26,354. This sale was conducted to cover tax obligations arising from the vesting of restricted stock units. The transaction comes as Ambarella, currently valued at $2.3 billion, maintains a strong financial position with more cash than debt and a healthy current ratio of 2.65x. InvestingPro analysis indicates the stock has experienced significant volatility, with the share price down about 24% year-to-date.
Following this transaction, Day’s direct ownership in Ambarella stands at 15,441 shares. This figure includes an acquisition of 234 shares under the company’s employee stock purchase plan on March 17. For deeper insights into insider trading patterns and comprehensive financial analysis, InvestingPro subscribers can access detailed reports covering over 1,400 US stocks, including Ambarella’s complete financial health score of "FAIR" and additional exclusive metrics.
In other recent news, Ambarella reported its fourth-quarter fiscal year 2025 results, showing a revenue of $84.0 million, which exceeded analyst expectations from firms like Stifel and Rosenblatt. The revenue marked a 1.6% quarter-over-quarter increase, with significant contributions from the Internet of Things (IoT) segment. Ambarella’s non-GAAP earnings per share (EPS) were reported at $0.11, surpassing Stifel’s projection of a $0.02 loss per share. The company provided a first-quarter fiscal year 2026 revenue midpoint guidance of $84.0 million, reflecting continued momentum in its Computer Vision product line.
Stifel raised its price target for Ambarella to $100, maintaining a Buy rating, while Needham increased its target to $110, also with a Buy rating. Both firms highlighted Ambarella’s strong financial performance and optimistic future guidance. KeyBanc maintained a Sector Weight rating, acknowledging Ambarella’s robust results but adopting a cautious stance due to potential impacts from tariffs. Meanwhile, Rosenblatt reaffirmed a Buy rating with a $100 price target, emphasizing Ambarella’s transition to its 5nm CV5 and CV7-based Edge AI products as a key growth driver.
Additionally, Ambarella announced the appointment of Chantelle Breithaupt as an independent director to its board. The company also approved a Fiscal Year 2026 Annual Bonus Plan, which is 19% larger than the previous year’s target bonus pool. These developments indicate Ambarella’s strategic focus on governance and performance incentives.
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