Ambarella (AMBA) EPS Estimated At $0.34; Clearbridge Energy MLP Fund (CEM)’s Sentiment Is 1.38

November 15, 2017 - By Adrian Mccoy

Analysts expect Ambarella Inc (NASDAQ:AMBA) to report $0.34 EPS on November, 30 after the close.They anticipate $0.50 EPS change or 59.52% from last quarter’s $0.84 EPS. AMBA’s profit would be $11.32 million giving it 40.21 P/E if the $0.34 EPS is correct. After having $0.10 EPS previously, Ambarella Inc’s analysts see 240.00% EPS growth. The stock decreased 1.14% or $0.63 during the last trading session, reaching $54.68. About shares traded. Ambarella Inc (NASDAQ:AMBA) has risen 67.32% since November 15, 2016 and is uptrending. It has outperformed by 50.62% the S&P500.

ClearBridge Energy MLP Fund Inc. is a non-diversified, closed-end management investment company. The company has market cap of $906.83 million. The Fund’s investment objective is to provide a high level of total return with an emphasis on cash distributions. It currently has negative earnings. The Fund seeks to achieve its objective by investing primarily in master limited partnerships (MLPs) in the energy sector.

Northrock Partners Llc holds 8.31% of its portfolio in ClearBridge Energy MLP Fund Inc for 1.30 million shares. Terril Brothers Inc. owns 607,333 shares or 3.3% of their US portfolio. Moreover, Signature Estate & Investment Advisors Llc has 1.73% invested in the company for 957,492 shares. The Missouri-based Bush Odonnell Investment Advisors Inc has invested 0.76% in the stock. Fiduciary Trust Co, a Massachusetts-based fund reported 1.01 million shares.

The stock decreased 2.28% or $0.3 on November 14, reaching $12.64. About shares traded. ClearBridge Energy MLP Fund Inc (CEM) has risen 5.19% since November 15, 2016 and is uptrending. It has underperformed by 11.51% the S&P500.

Investors sentiment decreased to 0.92 in 2017 Q2. Its down 0.40, from 1.32 in 2017Q1. It worsened, as 40 investors sold Ambarella Inc shares while 51 reduced holdings. 18 funds opened positions while 66 raised stakes. 18.32 million shares or 3.87% more from 17.64 million shares in 2017Q1 were reported. Moreover, Nationwide Fund Advsr has 0.01% invested in Ambarella Inc (NASDAQ:AMBA) for 28,952 shares. Firsthand Capital invested 1.96% of its portfolio in Ambarella Inc (NASDAQ:AMBA). Mutual Of America Mgmt Ltd Limited Liability Company accumulated 104,678 shares. Tiaa Cref Ltd Com reported 94,310 shares. Lpl Finance Ltd Llc accumulated 29,040 shares. Nomura Asset Mgmt Com Ltd stated it has 293,500 shares. Cornerstone accumulated 0% or 75 shares. Eagle Asset Mgmt holds 0.34% or 1.15 million shares. Cambridge Invest Rech Advisors, a Iowa-based fund reported 5,885 shares. Ameritas Inv Prtn Inc invested in 0.01% or 2,765 shares. Tributary Capital Mgmt Lc holds 1.14% in Ambarella Inc (NASDAQ:AMBA) or 266,700 shares. Oak Oh, a Ohio-based fund reported 24,070 shares. Independent Consultants owns 8,577 shares for 0.17% of their portfolio. 7,199 are held by Walleye Trading Ltd Com. Messner Smith Theme Value Ltd Ca holds 3.15% or 37,226 shares in its portfolio.

Among 21 analysts covering Ambarella Corporation (NASDAQ:AMBA), 13 have Buy rating, 1 Sell and 7 Hold. Therefore 62% are positive. Ambarella Corporation had 65 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, August 26 by Stifel Nicolaus. Ascendiant Capital Markets maintained the shares of AMBA in report on Wednesday, September 2 with “Buy” rating. On Friday, October 13 the stock rating was maintained by Canaccord Genuity with “Buy”. The stock of Ambarella Inc (NASDAQ:AMBA) has “Hold” rating given on Tuesday, May 30 by KeyBanc Capital Markets. The rating was maintained by FBN Securities with “Outperform” on Friday, December 4. The stock of Ambarella Inc (NASDAQ:AMBA) has “Buy” rating given on Monday, August 10 by Zacks. The stock has “Buy” rating by Stifel Nicolaus on Thursday, September 21. The rating was maintained by Needham on Wednesday, September 2 with “Hold”. The firm earned “Hold” rating on Wednesday, June 7 by Needham. Morgan Stanley upgraded Ambarella Inc (NASDAQ:AMBA) on Tuesday, March 29 to “Overweight” rating.

Since June 1, 2017, it had 0 insider buys, and 5 sales for $1.23 million activity. The insider Kohn Leslie sold 5,973 shares worth $291,303. Another trade for 4,836 shares valued at $235,852 was made by Laplante George on Friday, June 16. Day Christopher sold $74,423 worth of stock or 1,526 shares. PAISLEY CHRISTOPHER B sold $58,720 worth of stock or 1,000 shares. 11,628 shares were sold by Wang Feng-Ming, worth $567,098.

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