Charles Schwab Investment Management increased its stake in Ambarella, Inc. by 1.2% in Q3, owning 320,319 shares valued at $18 million. Other hedge funds also raised their holdings, with significant increases from Azzad Asset Management and Blue Trust Inc. Ambarella shares rose 3.4%, trading at $71.70, with a market cap of $2.96 billion. Analysts generally maintain a “Moderate Buy” rating, with price targets ranging from $60 to $100. Notably, insider selling occurred, with CFO John Young and VP Christopher Day offloading shares. Ambarella specializes in semiconductor solutions for HD video processing and AI.