Elizabeth M. Schwarting, a director at Ambarella Inc . (NASDAQ:AMBA), recently sold 253 ordinary shares of the company, according to a filing with the Securities and Exchange Commission. The shares were sold at an average price of $71.55, totaling approximately $18,103. Following this transaction, Schwarting holds 7,902 shares in the semiconductor company based in Santa Clara, California. The stock has shown strong momentum with a 23% gain over the past six months, though InvestingPro analysis indicates the stock is currently trading above its Fair Value. The company maintains a healthy balance sheet with more cash than debt and a current ratio of 2.84, indicating strong liquidity. For deeper insights into Ambarella's financial health and valuation metrics, including 10 additional ProTips and a comprehensive research report, explore InvestingPro.
In other recent news, Ambarella reported third-quarter fiscal year 2025 results that surpassed expectations, with revenue increasing by 63% year-over-year to $82.7 million. This success is attributed to advancements in the Internet of Things (IoT) and Automotive sectors. Analysts from Needham, Rosenblatt Securities, Susquehanna, and Stifel have all adjusted their outlook on Ambarella, raising their price targets for the company. The analysts are expecting a 15% year-over-year increase for fiscal year 2026 due to strong product ramps and design win momentum. In the near term, these product advancements are anticipated to yield a better than typical seasonal revenue increase in the fourth quarter. Ambarella has provided a midpoint revenue guidance of $78.0 million for the fourth quarter of fiscal year 2025, with a forecast of 22-24% revenue growth for fiscal 2025, expecting growth to continue into fiscal 2026. Despite a noted decrease in the auto revenue funnel, Ambarella's management is optimistic about the company's performance and trajectory.
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