Christopher Day, Vice President of Marketing at Ambarella Inc . (NASDAQ:AMBA), has recently sold 1,278 ordinary shares of the company. The shares were sold at an average price of $71.61 each, resulting in a total transaction value of $91,511. Following this sale, Day retains ownership of 17,188 shares in the semiconductor company known for its video processing technology. The transaction comes amid strong momentum for AMBA shares, which have gained nearly 30% over the past six months. According to InvestingPro analysis, the company maintains a healthy balance sheet with more cash than debt, though current valuations suggest the stock is trading above its Fair Value. This transaction was disclosed in a filing with the Securities and Exchange Commission. InvestingPro subscribers can access 10 additional key insights about Ambarella, along with comprehensive financial analysis and Fair Value estimates in the Pro Research Report, helping investors make more informed decisions about this volatile semiconductor stock.
In other recent news, Ambarella has been the subject of various analyst upgrades following robust third-quarter fiscal 2025 results. The semiconductor company reported a significant 63% year-over-year revenue increase to $82.7 million, surpassing expectations. This growth was primarily driven by the company's AI and edge computing solutions, specifically in the automotive and IoT sectors, which now account for roughly 70% of the total revenue.
The firm Needham maintained a Buy rating on Ambarella and increased its price target to $100.00, citing strong product ramps and design win momentum. Similarly, Rosenblatt Securities raised its price target to $100.00, noting the company's strong financial performance and expected growth in the Automotive and IoT sectors. Susquehanna also increased its price target to $85 from $70, maintaining a Positive rating, while Stifel raised its price target from $80.00 to $95.00.
In addition to these upgrades, Ambarella has provided a midpoint revenue guidance of $78.0 million for the fourth quarter of fiscal year 2025, forecasting a 22-24% revenue growth for fiscal 2025. The company also anticipates continued growth in both the Automotive and IoT sectors into fiscal 2026. These recent developments reflect the confidence that both Ambarella and financial analysts have in the company's growth trajectory.
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