Ambarella Executives Sell 24,118 Shares for $1.28M at $52.77–$54.14
Four senior Ambarella executives sold a combined 24,118 shares for $1.28 million between March 17 and 19, at prices of $52.77 to $54.14. Post-transaction holdings show the CEO retains 838,561 shares, while other insiders’ stakes now range between 117,072 and 164,166 shares.
1. Insider Sales Summary
Between March 17 and 19, four Ambarella executives sold a total of 24,118 shares for $1.28 million at prices ranging from $52.77 to $54.14. The transactions included 8,083 shares by CEO Feng-Ming Wang, 6,729 shares by Chan Lee, 4,729 shares by VP Chi-Hong Ju and 4,577 shares by CFO John Alexander Young.
2. Remaining Stakes
Following the sales, CEO Wang holds 838,561 shares, Chan Lee owns 156,370 shares, VP Chi-Hong Ju retains 164,166 shares and CFO John Alexander Young owns 117,072 shares, maintaining significant insider positions.
3. Market Considerations
Large insider sell-offs may pressure the stock if perceived as a lack of confidence, although high remaining stakes suggest continued commitment. Investors will monitor upcoming results and share price trends for confirmation of management’s outlook.