Insider Sale: Director Elizabeth Schwarting Sells Shares of Ambarella Inc (AMBA)

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On September 24, 2024, Director Elizabeth Schwarting sold 913 shares of Ambarella Inc (AMBA, Financial) as reported in a recent SEC Filing. Following this transaction, the insider now owns 8,155 shares of the company. The shares were sold at a price of $54.74, on the date mentioned.

Ambarella Inc (AMBA, Financial) specializes in the development of low-power, high-definition (HD) and Ultra HD video compression, image processing, and computer vision processors. These products are used in a variety of human and computer vision applications including surveillance, automotive, drones, and wearable cameras.

Over the past year, Elizabeth Schwarting has sold a total of 2,427 shares of Ambarella Inc and has not purchased any shares. The insider transaction history for Ambarella Inc shows a trend with 0 insider buys and 43 insider sells over the past year.

The stock of Ambarella Inc was trading at $54.74 on the day of the sale, giving the company a market cap of approximately $2.22 billion. According to the GF Value, the intrinsic value of the stock is estimated at $51.24, indicating that the stock is Fairly Valued with a price-to-GF-Value ratio of 1.07.

The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company’s past performance and expected future business outcomes.

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This sale by the insider might be of interest to investors tracking insider behaviors and evaluating the stock’s valuation metrics in relation to its market performance.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.