Ambarella Inc’s filing revealed that its CFO Young John Alexander unloaded Company’s shares for reported $0.12 million on Mar 18 ’25. In the deal valued at $55.02 per share,2,103 shares were sold. As a result of this transaction, Young John Alexander now holds 113,886 shares worth roughly $6.33 million.
Then, Day Christopher sold 479 shares, generating $26,355 in total proceeds. Upon selling the shares at $55.02, the VP, Marketing now owns 15,441 shares.
Before that, Lee Chan W sold 1,468 shares. Ambarella Inc shares valued at $80,769 were divested by the Chief Operating Officer at a price of $55.02 per share. As a result of the transaction, Lee Chan W now holds 130,297 shares, worth roughly $7.25 million.
BofA Securities upgraded its Ambarella Inc [AMBA] rating to a Neutral from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in late November has reiterated a ‘”a Buy”‘ rating for it. TD Cowen also remained covering AMBA and reiterated its “Hold” recommendation on August 28, 2024. Wells Fargo revised its rating on January 03, 2024. It rated AMBA as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of AMBA
On Monday, Ambarella Inc [NASDAQ:AMBA] saw its stock jump 2.49% to $55.61. Over the last five days, the stock has lost -0.77%. Ambarella Inc shares have fallen nearly -23.55% since the year began. Nevertheless, the stocks have risen 9.66% over the past one year. While a 52-week high of $85.15 was reached on 01/21/25, a 52-week low of $39.69 was recorded on 03/11/25. SMA at 50 days reached $69.26, while 200 days put it at $61.38.
Levels Of Support And Resistance For AMBA Stock
The 24-hour chart illustrates a support level at 55.09, which if violated will result in even more drops to 54.57. On the upside, there is a resistance level at 56.39. A further resistance level may holdings at 57.16. The Relative Strength Index (RSI) on the 14-day chart is 40.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.28, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 11.44%. Stochastics %K at 69.33% indicates the stock is a holding.
How much short interest is there in Ambarella Inc?
A steep rise in short interest was recorded in Ambarella Inc stocks on 2025-02-28, growing by 0.39 million shares to a total of 1.95 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.55 million shares. There was a rise of 20.21%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 18, 2023 when Northland Capital began covering the stock and recommended ‘”an Outperform”‘ rating along with a $70 price target.
