Ambarella Inc’s recent filing unveils that its Director PAISLEY CHRISTOPHER B unloaded Company’s shares for reported $27750.0 on Mar 25 ’25. In the deal valued at $55.50 per share,500 shares were sold. As a result of this transaction, PAISLEY CHRISTOPHER B now holds 40,281 shares worth roughly $2.59 million.
Then, PAISLEY CHRISTOPHER B bought 500 shares, generating $27,750 in total proceeds.
Before that, Young John Alexander sold 2,103 shares. Ambarella Inc shares valued at $115,707 were divested by the CFO at a price of $55.02 per share. As a result of the transaction, Young John Alexander now holds 113,886 shares, worth roughly $7.32 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 Tuesday, Ambarella Inc [NASDAQ:AMBA] saw its stock jump 1.50% to $64.27. Over the last five days, the stock has gained 5.95%. Ambarella Inc shares have fallen nearly -11.64% since the year began. Nevertheless, the stocks have risen 34.23% over the past one year. While a 52-week high of $85.15 was reached on 01/21/25, a 52-week low of $38.86 was recorded on 04/07/25. SMA at 50 days reached $50.74, while 200 days put it at $60.06.
Levels Of Support And Resistance For AMBA Stock
The 24-hour chart illustrates a support level at 63.00, which if violated will result in even more drops to 61.74. On the upside, there is a resistance level at 65.05. A further resistance level may holdings at 65.84. The Relative Strength Index (RSI) on the 14-day chart is 77.55, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.24, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.82%. Stochastics %K at 98.26% indicates the stock is a selling.
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.
