Large Inflow of Money Detected in Ambarella

Ambarella (AMBA): $2.01 million was the positive money flow into the stock on Monday and the up/down ratio of ticks was also in favor of the bulls at 1.85. The value of trades done on upticks was $4.36 million, whereas, trades done on downticks were valued at $2.35 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $1.1 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $1.1 million. Ambarella (AMBA) fell $0.41 traded at $63.69, a change of -0.63% over the previous day. The stock is 8.7% for the week.


Shares of Ambarella, Inc. rose by 11.54% in the last five trading days and 20.12% for the last 4 weeks. Ambarella, Inc. is up 77.85% in the last 3-month period. Year-to-Date the stock performance stands at 18.57%.

Ambarella (NASDAQ:AMBA): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $64.32 and $63.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $66.70. The buying momentum continued till the end and the stock did not give up its gains. It closed at $66.09, notching a gain of 3.12% for the day. The total traded volume was 1,442,905 . The stock had closed at $64.09 on the previous day.

In a related news,The Officer (Vp, Marketing) of AMBARELLA INC, Day Christopher sold 1,173 shares at $50.85 on June 30, 2016. The Insider selling transaction had a total value worth of $59,647. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Ambarella, Inc. is a developer of semiconductor processing solutions for video that enable high-definition (HD), video capture, sharing and display. The Companys system-on-a-chip (SoC) designs HD video processing, image processing, audio processing and system functions onto a single chip, delivering video and image. In the camera market, its platform enables the creation of high-quality video content in wearable sports cameras, automotive aftermarket cameras, professional and consumer Internet Protocol (IP), security cameras, telepresence cameras and unmanned aerial vehicles (UAVs). In the infrastructure market, the Companys solutions manage IP video traffic, broadcast encoding and transcoding and IP video delivery applications. The Company sells its solutions to original design manufacturers (ODMs), and original equipment manufacturers (OEMs).

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