Point72 Asset Management, L.P. Reduces $20M in Ambarella, Inc. ($AMBA)
Point72 Asset Management trimmed its position in Ambarella by 32.5%, holding 521,211 shares as of its latest SEC filing.
Key Points
- Point72 Asset Management cut its stake in Ambarella by 32.5%, reducing its holdings by 250,822 shares to 521,211 shares.
- Ambarella shares traded near $81.3 on Wednesday, with a market cap of approximately $3.76 billion and a forward P/E of 74.8.
- Other funds like State Street and Millennium Management increased their Ambarella holdings, while BlackRock slightly reduced its position.
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Point72 Asset Management, L.P. has reduced its stake in Ambarella, Inc. (NasdaqGS: AMBA) by 32.5% according to its latest SEC filing. As of the reporting period, Point72 now holds 521,211 shares, having cut 250,822 shares from its previous holdings. The current value of this position is approximately $42.4 million.
Point72 Asset Management, L.P. vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
What Changed in Point72's Ambarella Position
Point72's latest move sees its Ambarella holdings drop from 772,033 shares to 521,211 shares. This reduction of 250,822 shares marks a 32.5% decrease in its position, reflecting a shift in strategy or portfolio rebalancing.
Other Institutional Activity in Ambarella
Other institutional investors also adjusted their positions in Ambarella. BlackRock, Inc. trimmed its holdings by 38,634 shares, maintaining 3,789,215 shares valued at around $195 million. State Street Corp increased its investment by 273,971 shares, now holding 1,976,464 shares worth about $101.7 million, representing a 16.1% increase. Meanwhile, Millennium Management LLC significantly boosted its stake by 1,342,687 shares, reaching a total of 1,512,539 shares valued at approximately $77.9 million, a substantial 790.5% increase.
Ambarella, Inc. Stock Up 15.1%
Shares of Ambarella traded near $81.3 on Wednesday. The company has a market capitalization of about $3.76 billion and a forward P/E ratio of 74.8. The stock's 52-week range spans from a low of $48.3 to a high of $96.69. Ambarella's 50-day moving average is $71.86, while the 200-day moving average stands at $71.59. The company maintains a current ratio of 2.43 and a quick ratio of 1.90, with a debt-to-equity ratio of 2.19.
$AMBA stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Ambarella reported revenue of $405.2 million, with a growth rate of 16.9%. Despite this, the company posted a net margin of -17.2% and a return on equity of -11.8%, reflecting ongoing challenges in achieving profitability. The next earnings report is expected on August 27, 2026.
Insider Buying and Selling at Ambarella, Inc.
Several insiders at Ambarella have sold shares recently. On June 17, 2026, CFO John Alexander Young sold 5,033 shares at an average price of $67.54 as part of a planned sale. On the same day, Senior VP Chi-Hong Ju sold 2,017 shares at $67.87, and COO Chan Lee sold 2,951 shares at the same price. CEO Feng-Ming Wang also sold 6,204 shares at $67.87 on June 17 and an additional 10,000 shares at a price of $0 earlier.
Analysts Set New Price Targets
On May 29, 2026, B of A Securities maintained a 'hold' rating on Ambarella with a price target of $96. Susquehanna and Rosenblatt both maintained 'buy' ratings, with targets of $110 and $120, respectively. Overall, the consensus among analysts is a 'buy' rating, with a mean target price of $95 based on 11 analyst opinions.
About Ambarella, Inc.
Ambarella, Inc. is a technology company based in Santa Clara, California, specializing in semiconductor equipment and materials. It develops low-power system-on-a-chip semiconductors and software for various applications, including automotive and IoT. The company employs 959 people and is led by CEO Dr. Feng-Ming Wang.
Bottom Line
Point72's decision to reduce its stake in Ambarella by 32.5% highlights the dynamic nature of institutional investments. While some funds are trimming their positions, others are increasing their stakes, reflecting varying outlooks on Ambarella's potential. These filings are backward-looking and may not represent current holdings, but they offer a glimpse into institutional strategies and market sentiment.
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