Trade Report: Today, Amber Road Inc. (AMBR) Director Donald R. Caldwell Sold 389,788 Shares

Today, Amber Road Inc. (AMBR) Director Donald R. Caldwell Sold 389,788 Shares

Amber Road Inc. (NYSE:AMBR) Director Donald R. Caldwell sold 389,788 shares of Amber Road stock in a transaction that occurred on Monday, November 28th. The shares were sold at an average price of $11.74, for a total transaction of $4,576,111.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Donald R. Caldwell also recently made the following trade(s): On Wednesday, September 14th, Donald R. Caldwell sold 1,450,000 shares of Amber Road stock. The stock was sold at an average price of $9.00, for a total transaction of $13,050,000.00.

Shares of Amber Road Inc. (NYSE:AMBR) opened at 11.60 on Tuesday. The firm’s market cap is $311.10 million. The firm’s 50-day moving average is $10.04 and its 200-day moving average is $8.91. Amber Road Inc. has a 1-year low of $3.60 and a 1-year high of $12.30.

Amber Road (NYSE:AMBR) last announced its earnings results on Thursday, November 3rd. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.12) by $0.04. The company had revenue of $18.90 million for the quarter, compared to analysts’ expectations of $18.92 million. Amber Road had a negative return on equity of 50.09% and a negative net margin of 29.32%. Amber Road’s quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.16) earnings per share. On average, analysts anticipate that Amber Road Inc. will post ($0.44) EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Credit Suisse AG boosted its position in shares of Amber Road by 393.1% in the third quarter. Credit Suisse AG now owns 61,874 shares of the company’s stock valued at $597,000 after buying an additional 49,327 shares during the last quarter. Bamco Inc. NY boosted its position in shares of Amber Road by 0.8% in the third quarter. Bamco Inc. NY now owns 126,000 shares of the company’s stock valued at $1,216,000 after buying an additional 1,000 shares during the last quarter. Highbridge Capital Management LLC bought a new position in shares of Amber Road during the third quarter valued at about $362,000. D. E. Shaw & Co. Inc. boosted its position in Amber Road by 90.1% in the third quarter. D. E. Shaw & Co. Inc. now owns 88,220 shares of the company’s stock valued at $851,000 after buying an additional 41,807 shares in the last quarter. Finally, Two Sigma Advisers LP acquired a new position in Amber Road during the third quarter valued at $1,190,000. 69.62% of the stock is currently owned by institutional investors.

A number of equities analysts recently issued reports on AMBR shares. Zacks Investment Research raised shares of Amber Road from a “hold” rating to a “buy” rating and set a $11.00 target price on the stock in a research report on Wednesday, November 9th. FBR & Co boosted their target price on shares of Amber Road from $10.00 to $12.00 and gave the stock an “outperform” rating in a research report on Friday, August 5th. Raymond James Financial Inc. boosted their target price on shares of Amber Road from $10.50 to $13.00 and gave the stock an “outperform” rating in a research report on Monday, August 15th. Pacific Crest reaffirmed a “hold” rating on shares of Amber Road in a research report on Friday, August 5th. Finally, Stifel Nicolaus boosted their target price on shares of Amber Road from $10.00 to $12.00 and gave the stock a “buy” rating in a research report on Friday, August 5th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Amber Road has a consensus rating of “Buy” and an average price target of $10.83.

Amber Road Company Profile

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