Time To Sell Ambarella (NASDAQ:AMBA)? KeyBanc Downgrades Shares Today

Blue Ridge Capital Lc holds 1.11% or 1.63M shares. The stock rose 0.02% or $0.01 reaching $60.36 per share. About 400 shares traded. Ambarella Inc (NASDAQ:AMBA) has risen 67.32% since May 29, 2016 and is uptrending. It has outperformed by 50.62% the S&P500.The move comes after 8 months negative chart setup for the $2.06 billion company. Blackrock Group Inc Ltd owns 21,380 shares or 0% of their U.S. portfolio. 50,500 were accumulated by Schwab Charles Investment Mngmt Incorporated. Sequans Communications SA ADR (NYSE:SQNS) has risen 90.48% since May 30, 2016 and is uptrending. It has outperformed by 4.02% the S&P500. Its up 0.18, from 1.34 in 2016Q3. It increased, as 32 investors sold ICE shares while 16 reduced holdings. 128 funds opened positions while 459 raised stakes. Clearbridge Invests Limited Liability Corp reported 276,817 shares or 0.02% of all its holdings. Ontario Teachers Pension Plan Board accumulated 1.11M shares or 0.67% of the stock. Hbk Invests Lp, Texas-based fund reported 5,291 shares. Motco holds 0% or 275 shares in its portfolio. Epoch Investment, a New York-based fund reported 39,385 shares. Hedge funds and other institutional investors own 58.50% of the company's stock. Huntington Savings Bank holds 474 shares or 0% of its portfolio. 26,283 were accumulated by Bessemer Grp. Pinnacle Associates Ltd. now owns 679,192 shares of the semiconductor company's stock worth $37,159,000 after buying an additional 210,558 shares during the last quarter.

03/15/2017 - Ambarella, Inc. had its "buy" rating reiterated by analysts at Canaccord Genuity. Therefore 57% are positive.

The analyst elaborated that according to his research, the Chinese drone maker DJI has finally dual sourced. Zacks downgraded the stock to "Sell" rating in Friday, September 4 report. The company was downgraded on Thursday, September 3 by Barrington Research. The company was downgraded on Wednesday, July 6 by CLSA.

12/23/2015 - Craig-Hallum began new coverage on Ambarella, Inc. giving the company a "buy" rating. Pacific Crest has "Overweight" rating and $77.0 target. The firm owned 124,436 shares of the semiconductor company's stock after buying an additional 612 shares during the period. The firm has "Neutral" rating given on Tuesday, December 15 by UBS. However the six-month change in the insider ownership was recorded -3.39%, as well as three-month change in the institutional ownership was recorded -11.29%. Ulta Salon Cosmetcs & Frag I (NASDAQ:ULTA) was reduced too. Firsthand Capital Management Inc.'s holdings in Ambarella were worth $2,188,000 as of its most recent SEC filing. Stifel Nicolaus maintained it with "Buy" rating and $92 target in Friday, December 4 report. As per Tuesday, August 30, the company rating was maintained by KeyBanc Capital Markets. Ambarella now has a consensus rating of "Buy" and an average target price of $68.88.

03/01/2017 - Ambarella, Inc. had its "perform" rating reiterated by analysts at Oppenheimer. As per Thursday, February 4, the company rating was upgraded by Dougherty & Company. Finally, Morgan Stanley restated an "overweight" rating and set a $65.00 price objective on shares of Ambarella in a report on Saturday, March 11th. On Tuesday, December 1 the stock rating was maintained by Deutsche Bank with "Hold".

According to the the latest analyst ratings which have been released, 2 brokers have issued a rating of "buy", 5 brokers "outperform", 5 brokers "hold", 0 brokers "underperform" and 0 brokers "sell". Kohn Leslie sold $205,768 worth of stock.

In related news, insider Leslie Kohn sold 3,662 shares of the business's stock in a transaction that occurred on Thursday, March 16th.

In related news, Director Christopher B. Paisley sold 1,000 shares of the firm's stock in a transaction dated Wednesday, March 1st. $435,654 worth of stock was sold by Chen Yun-Lung on Monday, March 13. In the last quarter, insiders sold 19,232 shares of company stock valued at $1,078,452. PAISLEY CHRISTOPHER B had sold 1,000 shares worth $60,540 on Wednesday, March 1.

Investors sentiment decreased to 1.09 in 2016 Q4. Its up 0.75, from 0.25 in 2016Q3.

Ambarella Inc (NASDAQ:AMBA) have shown a high EPS growth of 41.20% in the last 5 years and has earnings growth of 251.40% yoy. First National Bank of Omaha raised its position in Ambarella by 53.9% in the first quarter.

Shares of Ambarella (NASDAQ:AMBA) traded up 1.92% during mid-day trading on Monday, reaching $64.35. 150,000 were reported by Telemark Asset Mngmt Ltd Liability Corp. American Gp owns 0% invested in Ambarella Inc (NASDAQ:AMBA) for 18,414 shares. Jpmorgan Chase & Com stated it has 0% of its portfolio in Ambarella Inc (NASDAQ:AMBA). Cap One Association holds 106,011 shares or 0.43% of its portfolio. Lmr Prtn Llp reported 0.06% in Diebold Nixdorf AG (ETR:WIN). Independent Consultants invested in 0.13% or 7,530 shares. Nomura Asset Mgmt has 11,000 shares. Credit Suisse Ag reported 0.01% of its portfolio in Ambarella Inc (NASDAQ:AMBA).