10 Mid-Cap Stocks Insiders Are Selling Recently

4. Ambarella, Inc. (NASDAQ:AMBA)

Number of Insiders Selling: 9

Market Capitalization: $3.279B

In the fourth spot on our list of mid-cap stocks insiders are selling recently is Ambarella, a semiconductor design company, concentrated on low-power, high-definition and Ultra HD video compression, image processing and computer vision processors.

Over the last two months, nine insiders, including CEO, CFO, and COO sold a total of around $2.31 million worth of the company’s shares at an average price of $75.35 per share. Currently, Ambarella shares are trading at $76.80 having gained 5.58% since the beginning of the year.

According to data from Stock Analysis, 12 analysts have an average “Buy” rating on the stock, with a price target of $84.17. Furthermore, on January 27^th, Rosenblatt Securities reiterated a “Buy” rating on Ambarella stock with a price target of $100, writes Morningstar.

For the nine months ended October 31, 2024, the company disclosed revenue of $200.9 million, up 15% from the nine months ended October 31, 2023. For the same nine months of 2024 GAAP net loss amounts to $96.9 million or loss per diluted ordinary share of $2.36. This compared with GAAP net loss of $108.8 million or or loss per diluted ordinary share of $2.74 for the nine months ended October 31, 2023. For the fiscal year 2025, Ambarella expects revenue between $76 and $80 million.

Ambarella is one of the 10 Unstoppable Tech Stocks to Buy Right Now. Over the last 12 months, its shares gained 38.58%.