Today, the VP Marketing of Ambarella, Christopher Day, exercised options of Ambarella (NASDAQ: AMBA) for $144.5K.
In addition to Christopher Day, one other AMBA executive reported Sell trades in the last month.
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AMBA’s market cap is $1.44B and the company has a P/E ratio of 239.56. Currently, Ambarella has an average volume of 824.6K.
Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $53.60, reflecting a -17.3% downside.
In the last 30 days, insiders have sold $144.5K worth of AMBA shares and purchased $306K worth of AMBA shares. The insider sentiment on Ambarella has been positive according to 43 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Christopher Day’s trades have generated a 11.7% 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.
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