Today it was reported that the VP BD of Ambarella (AMBA), Yen-Lung Chen, exercised options to sell 6,320 AMBA shares at $3.20 a share, for a total transaction value of $260.8K.
In addition to Yen-Lung Chen, one other AMBA executive reported Sell trades in the last month.
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Currently, Ambarella has an average volume of 1.08M.
Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $46.50, reflecting a 6.5% upside.
Yen-Lung Chen’s trades have generated a 23.8% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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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.
