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Ambarella CFO John Young sells $202,658 in shares

Ambarella CFO John Young sells $202,658 in shares

Ambarella CFO John Young sold 3,126 shares of the company's stock on September 17, 2026, for a total of $202,658. The company's stock has declined by 26% over the past year, but analysts believe it is still undervalued. Young's sale was to meet tax obligations from the vesting of restricted stock units. He now owns 109,702 shares, including 238 from an employee stock purchase plan.

Despite the sale, 9 analysts have recently raised their earnings estimates, expecting the company to become profitable again this year. Ambarella released its Q2 2027 results, with non-GAAP earnings of $0.18 per share and revenue of $108.1 million, slightly beating expectations. However, they highlighted challenges like margin pressure, memory supply issues, and delayed new partnerships.

The company also formed partnerships with Capgemini and Macnica. Analysts Rosenblatt and Oppenheimer have kept a Buy rating on Ambarella, with price targets ranging from $90 to $120.

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