Ambarella, Inc. (AMBA) VP – Marketing Christopher Day, Sold $134,728 in Stock; Shorts at Ideal Power (IPWR) Lowered By 3.27%

June 27, 2018 - By rebbecca

Ambarella, Inc. (NASDAQ:AMBA) Logo

Ideal Power Inc (NASDAQ:IPWR) had a decrease of 3.27% in short interest. IPWR’s SI was 1.15 million shares in June as released by FINRA. Its down 3.27% from 1.19 million shares previously. With 202,000 avg volume, 6 days are for Ideal Power Inc (NASDAQ:IPWR)’s short sellers to cover IPWR’s short positions. The SI to Ideal Power Inc’s float is 10.23%. The stock increased 1.85% or $0.02 during the last trading session, reaching $1.1. About 38,205 shares traded. Ideal Power Inc. (NASDAQ:IPWR) has declined 48.54% since June 27, 2017 and is downtrending. It has underperformed by 61.11% the S&P500.

The insider, and Ambarella Inc’s VP – Marketing, Christopher Day, made a sale of 3,062 company shares on June 26, 2018, valued by the stock market at $134,728 (at $44.0 of a share). He also unloaded 3,300 shares worth $144,453 USD in the last month. Christopher Day at the moment holds 0.05% of Ambarella Inc’s stock market cap with ownership of 17,679 shares. 

Ambarella, Inc. develops semiconductor processing solutions for video that enable high-definition video capture, sharing, and display worldwide. The company has market cap of $1.40 billion. The companyÂ’s system-on-a-chip creates integrated HD video processing, image processing, audio processing, and system functions onto a single chip for delivering video and image quality, differentiated functionality, and low power consumption. It has a 222.06 P/E ratio. The Company’s solutions enable the creation of video content for wearable sports cameras, automotive aftermarket cameras, and professional and consumer Internet Protocol (IP) security cameras, as well as cameras incorporated into unmanned aerial vehicles in the camera market; and manage IP video traffic, broadcast encoding and transcoding, and IP video delivery applications in the infrastructure market.

The stock increased 0.19% or $0.08 during the last trading session, reaching $41.97. About 456,744 shares traded. Ambarella, Inc. (NASDAQ:AMBA) has declined 22.53% since June 27, 2017 and is downtrending. It has underperformed by 35.10% the S&P500. Some Historical AMBA News: 29/03/2018 – Force Protection Video Equipment Release New Product Catalog; 18/04/2018 – AMBARELLA INC – INITIATED A SEARCH FOR LAPLANTE’S SUCCESSOR; 17/04/2018 – Force Protection Video Equipment Reports Record Sales from the Release of New Product Catalog; 17/05/2018 – Ambarella Closes Below 50-Day Moving Average: Technicals; 25/04/2018 – Ambarella (AMBA) Rumors Mentioned at Betaville; 11/04/2018 – Ambarella Closes Above 50-Day Moving Average: Technicals; 14/05/2018 – Ambarella’s VisLab Marks 20-Year Anniversary of MilleMiglia in Automatico; 18/04/2018 – Ambarella Has Initiated a Search for Laplante’s Successor; 16/04/2018 – Force Protection Video Equipment Introduces the RECON 1000, On the Body Camera Designed with the Ambarella A7 Chip; 18/04/2018 – Ambarella CFO George Laplante to Retire Later This Year

Among 22 analysts covering Ambarella Corporation (NASDAQ:AMBA), 13 have Buy rating, 1 Sell and 8 Hold. Therefore 59% are positive. Ambarella Corporation has $122 highest and $43 lowest target. $72.60’s average target is 72.98% above currents $41.97 stock price. Ambarella Corporation had 77 analyst reports since July 22, 2015 according to SRatingsIntel. On Wednesday, August 26 the stock rating was maintained by Stifel Nicolaus with “Buy”. Roth Capital initiated Ambarella, Inc. (NASDAQ:AMBA) rating on Thursday, September 29. Roth Capital has “Buy” rating and $80 target. The company was maintained on Friday, December 2 by Stifel Nicolaus. The stock of Ambarella, Inc. (NASDAQ:AMBA) earned “Hold” rating by Deutsche Bank on Friday, December 4. Stifel Nicolaus maintained Ambarella, Inc. (NASDAQ:AMBA) rating on Friday, December 4. Stifel Nicolaus has “Buy” rating and $92 target. The stock of Ambarella, Inc. (NASDAQ:AMBA) earned “Hold” rating by Craig Hallum on Friday, September 1. The rating was maintained by Canaccord Genuity with “Buy” on Monday, July 10. The stock has “Buy” rating by Stifel Nicolaus on Wednesday, June 7. Morgan Stanley maintained Ambarella, Inc. (NASDAQ:AMBA) rating on Wednesday, June 6. Morgan Stanley has “Overweight” rating and $58 target. On Tuesday, May 30 the stock rating was downgraded by KeyBanc Capital Markets to “Hold”.

Since March 12, 2018, it had 0 insider buys, and 9 sales for $1.50 million activity. Day Christopher sold $144,453 worth of stock or 3,300 shares. Kohn Leslie sold $162,394 worth of Ambarella, Inc. (NASDAQ:AMBA) on Friday, March 16. Laplante George also sold $120,550 worth of Ambarella, Inc. (NASDAQ:AMBA) shares. 6,024 shares were sold by Wang Feng-Ming, worth $319,694. 1,000 shares valued at $54,870 were sold by PAISLEY CHRISTOPHER B on Monday, March 12.

Investors sentiment increased to 1.3 in Q1 2018. Its up 0.20, from 1.1 in 2017Q4. It increased, as 29 investors sold Ambarella, Inc. shares while 42 reduced holdings. 35 funds opened positions while 57 raised stakes. 21.27 million shares or 3.92% less from 22.14 million shares in 2017Q4 were reported. State Street has 0% invested in Ambarella, Inc. (NASDAQ:AMBA). First Interstate Bank & Trust reported 400 shares. Credit Suisse Ag owns 32,168 shares. Cornerstone Inc, a Washington-based fund reported 75 shares. The Colorado-based Advisors Asset Inc has invested 0% in Ambarella, Inc. (NASDAQ:AMBA). Signaturefd Limited Liability has invested 0% in Ambarella, Inc. (NASDAQ:AMBA). Synovus accumulated 8,554 shares. Peak6 Invests Ltd Partnership owns 0.01% invested in Ambarella, Inc. (NASDAQ:AMBA) for 46,601 shares. Pitcairn stated it has 0.02% in Ambarella, Inc. (NASDAQ:AMBA). Artisan Prns Partnership owns 450,312 shares for 0.04% of their portfolio. Wg Shaheen Associates Dba Whitney has invested 0% of its portfolio in Ambarella, Inc. (NASDAQ:AMBA). 498,696 were accumulated by Rothschild Asset Management. Lenox Wealth Management owns 300 shares. D L Carlson Grp Inc has 1% invested in Ambarella, Inc. (NASDAQ:AMBA) for 65,005 shares. 1,000 were accumulated by Fifth Third Bank.

More notable recent Ambarella, Inc. (NASDAQ:AMBA) news were published by: Seekingalpha.com which released: “Ambarella: An Event Trade” on June 06, 2018, also Seekingalpha.com with their article: “Ambarella: Fighting Weak Guidance Is Tough” published on June 11, 2018, Fool.com published: “Ambarella’s Computer Vision Chips Won’t Move the Needle in 2018” on June 20, 2018. More interesting news about Ambarella, Inc. (NASDAQ:AMBA) were released by: Seekingalpha.com and their article: “Ambarella: Computer Vision Lacks Tangible Results” published on June 04, 2018 as well as Fool.com‘s news article titled: “Better Buy: Ambarella, Inc. vs. Advanced Micro Devices” with publication date: June 19, 2018.

Ideal Power Inc. develops power conversion solutions with a focus on commercial and industrial grid storage, combined solar and storage, and microgrid applications. The company has market cap of $15.40 million. The firm offers 30kW battery converters for the commercial and industrial grid-tied distributed energy storage market; 30kW grid-resilient alternating current – direct current (DC) power conversion system (PCS) with two-ports, as well as 30kW grid-resilient AC-DC-DC multi-port model; and 125kW grid-resilient AC-DC PCS. It currently has negative earnings. It also focuses on licensing its proprietary power conversion Power Packet Switching Architecture to original equipment manufacturers.

Investors sentiment decreased to 0.44 in 2018 Q1. Its down 0.56, from 1 in 2017Q4. It dived, as 6 investors sold Ideal Power Inc. shares while 3 reduced holdings. 1 funds opened positions while 3 raised stakes. 1.47 million shares or 11.91% less from 1.66 million shares in 2017Q4 were reported. Virtu Lc reported 0% in Ideal Power Inc. (NASDAQ:IPWR). Awm Invest reported 943,000 shares. Art Advsrs Ltd Company holds 0% or 15,339 shares in its portfolio. Cetera Advisor Ltd Liability reported 0% in Ideal Power Inc. (NASDAQ:IPWR). New York-based Hilton Management Llc has invested 0% in Ideal Power Inc. (NASDAQ:IPWR). 2,000 are owned by Morgan Stanley. 59,328 were accumulated by Geode Mgmt Ltd Limited Liability Company. Northern Tru holds 0% or 18,926 shares in its portfolio. Ogorek Anthony Joseph New York Adv holds 0% or 500 shares in its portfolio. Vanguard Grp Inc Inc holds 294,564 shares. Thompson Davis And Comm accumulated 0.07% or 21,647 shares. Blackrock reported 33,078 shares stake.

Among 8 analysts covering Ideal Power (NASDAQ:IPWR), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Ideal Power had 18 analyst reports since August 5, 2015 according to SRatingsIntel. H.C. Wainwright initiated the stock with “Buy” rating in Tuesday, January 26 report. The stock of Ideal Power Inc. (NASDAQ:IPWR) has “Neutral” rating given on Thursday, January 19 by TH Capital. The stock of Ideal Power Inc. (NASDAQ:IPWR) earned “Buy” rating by Northland Capital on Friday, November 10. Roth Capital maintained Ideal Power Inc. (NASDAQ:IPWR) on Friday, July 28 with “Hold” rating. Oppenheimer maintained the stock with “Buy” rating in Friday, August 11 report. Roth Capital maintained Ideal Power Inc. (NASDAQ:IPWR) rating on Wednesday, November 22. Roth Capital has “Hold” rating and $2.0 target. The firm has “Neutral” rating by Roth Capital given on Thursday, January 19. FBR Capital maintained Ideal Power Inc. (NASDAQ:IPWR) on Tuesday, February 28 with “Outperform” rating. The stock has “Buy” rating by Rodman & Renshaw on Tuesday, January 26. The firm has “Hold” rating by FBR Capital given on Wednesday, March 7.

Ambarella, Inc. (NASDAQ:AMBA) Ratings Chart