The EVP of Ambarella (AMBA) is Selling Shares


Today, the EVP of Ambarella (NASDAQ: AMBA), George Laplante, sold shares of AMBA for $309.2K.

Following George Laplante’s last AMBA Sell transaction on September 17, 2014, the stock climbed by 1.3%. In addition to George Laplante, one other AMBA executive reported Sell trades in the last month.

See today’s analyst top recommended stocks >>

Currently, Ambarella has an average volume of 636.8K.

Based on 6 analyst ratings, the analyst consensus is Hold with an average price target of $44.33, reflecting a 14.6% upside.

The insider sentiment on Ambarella has been negative according to 48 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Ambarella, Inc. engages in the development and sale of video compression and image processing solutions. Its products include wearable cameras, flying cameras, and automotive video processing solutions. The company was founded by Feng Ming Wang and Leslie D. Kohn on January 15, 2004 and is headquartered in Santa Clara, CA.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts